How to Repay Glo Borrow Me Credit

Repaying Glo Borrow Me Credit is quite straightforward and doesn’t require any complex steps. Here’s how you can do it:

  1. Automatic Repayment: When you borrow credit from Glo, the borrowed amount is automatically deducted from your next recharge. This means that the next time you recharge your phone, Glo will automatically deduct the amount you owe from your airtime balance. For example, if you borrowed N100, the next time you recharge, N100 will be deducted to pay back the borrowed amount.
  2. Service Charge: It’s important to note that there is a service charge for using Glo Borrow Me Credit. Each time you borrow credit, a 10% service charge is applied. So, if you borrow N100, you will receive N90 as the credit amount, and N10 will be taken as a service charge.
  3. Recharge More than the Borrowed Amount: To ensure successful repayment, it’s advisable to recharge an amount higher than what you borrowed. This helps in covering the borrowed amount plus any applicable service charges.
  4. Repay Within 72 Hours: Ideally, you should aim to repay the borrowed credit within 72 hours (the grace period). If you fail to repay within this period, you might not be able to borrow additional credit or data, and it could also affect your SIM card’s reputation, potentially reducing your eligibility amount for future transactions.
  5. Check Account Balance: To keep track of your account balance and to ensure you have sufficient funds for repayment, you can check your account balance by dialing *123#.

Remember, timely repayment of borrowed credit is crucial to maintain good standing with the service and to ensure you can continue to use it in the future without any restrictions.

ALSO SEE: How to Borrow Money from Mtn Mobile Money

For more detailed information, you can visit the official Glo website or contact their customer service​


General Information about Glo Borrow Me Credit

  1. What is Glo Borrow Me Credit?
    • A service that allows Glo prepaid customers to borrow airtime in emergencies.
  2. Who is eligible for Glo Borrow Me Credit?
    • Prepaid Glo customers with a SIM active for at least four months and a monthly usage above ₦200.
  3. How can I access Glo Borrow Me Credit?
    • Dial *321# and follow the prompts to borrow credit.
  4. Is Glo Borrow Me Credit available to postpaid customers?
    • No, it’s exclusively for prepaid customers.
  5. Can I borrow data using Glo Borrow Me Credit?
    • Yes, Glo offers the option to borrow data as well.

Borrowing Credit or Data

  1. How do I borrow airtime from Glo?
    • Dial *321#, set up a 4-digit PIN, and follow the prompts to borrow a specific amount.
  2. What amounts can I borrow from Glo?
    • Amounts like ₦50, ₦100, ₦200, ₦500, and ₦1000, based on your eligibility.
  3. How is my borrowable amount determined?
    • It depends on your SIM’s age and average monthly usage.
  4. Is there a service fee for borrowing credit?
    • Yes, there’s a 10% service fee.
  5. How do I borrow data from Glo?
  • Dial *321#, choose the ‘borrow data’ option, and follow the prompts.

Repayment of Borrowed Credit

  1. How do I repay borrowed credit from Glo?
  • Recharge your account; the borrowed amount will be automatically deducted.
  1. Is there a deadline for repaying borrowed credit?
  • Repay within 72 hours to maintain eligibility for future borrowing.
  1. What happens if I don’t repay on time?
  • It may affect your borrowing limit and eligibility.
  1. Can I repay in installments?
  • No, repayment happens in full upon your next recharge.
  1. Does Glo send reminders for repayment?
  • Yes, Glo sends reminders via SMS.

Charges and Fees

  1. What are the charges for borrowing ₦100?
  • You’ll receive ₦90 with a ₦10 service charge.
  1. Are the fees different for borrowing airtime and data?
  • Yes, they can vary. Check the specific terms when borrowing.
  1. Is there an interest rate apart from the service fee?
  • No, just the service fee.
  1. Can the service charge change over time?
  • It’s fixed at 10%, but always check for any updates.
  1. Does Glo charge for checking eligibility or borrowing limit?
  • No, checking eligibility or borrowing limit is free.

Eligibility and Limits

  1. How do I check my eligibility for Glo Borrow Me Credit?
  • Dial *321# and navigate to check eligibility.
  1. Can I increase my borrowing limit?
  • Regular recharges and maintaining good repayment can help increase your limit.
  1. What affects my eligibility for Glo Borrow Me Credit?
  • Factors like your Glo SIM’s age, usage patterns, and repayment history.
  1. Is there a maximum amount I can borrow?
  • Yes, it depends on your usage pattern and repayment history.
  1. Can I borrow again before repaying the previous credit?
  • No, you need to repay the existing amount first.

Features and Benefits

  1. Can I use borrowed credit for international calls?
  • Yes, but standard tariff rates apply.
  1. Is the borrowed airtime or data different from regular airtime/data?
  • No, it can be used just like regular airtime/data.
  1. Can I gift or transfer borrowed credit or data?
  • No, borrowed credit/data is non-transferable.
  1. Are there any additional benefits to using Glo Borrow Me Credit?
  • It provides immediate airtime/data when you can’t recharge conventionally.
  1. Can I check my borrowing history?
  • Yes, through the Glo self-service portal or customer care.

Technical Issues and Support

  1. What if I face issues while borrowing credit?
  • Contact Glo customer care for assistance.
  1. Can I deactivate the Borrow Me Credit service?
  • Yes, you can opt-out by dialing *321# and following the prompts.

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