She should have also fled like the friend did

Another one.... Nigerians are committing suicide to escape Buhari's Next Level

See as people dey commit suicide! Suicide is now as easy as prepping noddles

When shitt happens you don't solve it with shitt.
You need wisdom.

the woman has a good heart but her friend na evil

This is so unfortunate. This is why it's not advisable to stand as surety for anybody when you are not God. See the so-called friend defaulted and bailed selfishly knowing her friend the guarantor will be held.

Everybody for themselves, God for us all.

Why can't her family stood as a surety for her?
Irrespective of your status, I can't stand as a surety for anybody.


We don't borrow in winners chapel.

Hmmm

dominique:
She should have also fled like the friend did

Criminal!

If the woman had regard for her husband, I don't think she'd have ended her life like this

And for her fleeing friend, to what end??

In the end everyone becomes sloppy.. Ask Gardaffi, El chapo, Escobar, Osama, Evans, Don waney, Anini etc

LAPO csn frustrate u ehnnnn
Remember few years ago when they usually come with drummers and towncriers to a neighborhood to frustrate debtors in order to disgrace them

Suicide rate in Nigeria is gradually becoming a national security issue.

Ignorance killed her,
Even if she is arrested,
She can never ever be jailed,
Even if she defaults on the payment terms per month,

RIP RASHEED

Whobedatte:
LAPO csn frustrate u ehnnnn
Remember few years ago when they usually come with drummers and towncriers to a neighborhood to frustrate debtors in order to disgrace them

don't blame the banks. Nigerians are bad debtors. We don't like paying debts in this country. Lend your friend some money and watch how you'll lose your money and friendship.

post=80677120:
A 41-year-old woman, Mrs Shakirat Rasheed, has committed suicide inside her home in the Awotan area of Apete community in Ibadan. Rasheed's body was found dangling in her living room at about 1:00 p.m and her body was discovered dangling from the ceiling in the room by her husband who was kept in the dark about the loan and the pressure from the bank

According to reports, Rasheed allegedly committed suicide over a loan taken from a micro finance bank popularly known as LAPO. A family source said the deceased stood as a guarantor for her friend who obtained a loan from LAPO office at Awotan area and when the friend was unable to pay the loan, she went into hiding. The bank officials turned to Rasheed to pay the money, giving her an installmental payment arrangement which she must follow or be arrested. The pressure from the bank forced her into depression.

Confused as to how to get the money, Mrs Rasheed decided that the best way to get out of the dilemma was to take her life.

https://all-gists..com/2019/07/married-woman-commits-suicide-over-friends-unpaid-lapo-loan.html

Please and Please People be wise, unable to pay back a loan is not a criminal offence, there is nothing like JAIL highest you go to court tell Mr Judge you can't pay and they confiscate your property highest, .The fault here is the Bank who did not do proper risk assessment b4 granting loans,So saying the arrest was a threat at this point the lady should have partitioned the bank!

Olodo24:
don't blame the banks. Nigerians are bad debtors. We don't like paying debts in this country. Lend your friend some money and watch how you'll lose your money and friendship.

(ja dey learn, come UK come see debt. Look only a foolish man go say the rain wey dey fall outside no concern me cos the flood will pass fru his front door still. Who and what did you think caused the credit crunch

oluwamykel:
Guarantor... The way I run from it ehn.

Some think its just an honour to name them as ones guarantor. Ask GTB, they will explain better.

Not like that. What if you need a guarantor too?
Under law, you can't be arrested for guaranteeing a defector.

You can only be informed on the defect.
Don't let anyone bully you on this.

Know your right.

noobody:
Ignorance killed her,
Even if she is arrested,
She can never ever be jailed,
Even if she defaults on the payment terms per month,

RIP RASHEED

Ignorance of the highest order, No arrest can be implemented unless illegal ones, It is not a criminal offence and she was not running!

arofemites:



Not like that. What if you need a guarantor too?
Under law, you can't be arrested for guaranteeing a defector.

You can only be informed on the defect.
Don't let anyone bully you on this.

Know your right.

The court can enforce confiscation order on your property cos you will be liable to repay!

oluwamykel:
Guarantor... The way I run from it ehn.

Some think its just an honour to name them as ones guarantor. Ask GTB, they will explain better.

We need to know who we guarantee. But if you don't guarantee others today, someday you will need someone to surety you.

erico2k2:

Please and Please People be wise, unable to pay back a loan is not a criminal offence, there is nothing like JAIL highest you go to court tell Mr Judge you can't pay and they confiscate your property highest, .The fault here is the Bank who did not do proper risk assessment b4 granting loans,So saying the arrest was a threat at this point the lady should have partitioned the bank!

How much loan do LAPO a Micro finance bank give that would warrant one committing suicide. I am sure it might not be up to N200k. That's too small to die for. The truth about the '' suicide'' may not be known.

RIP to the dead but when you tell women of the wisdom and long term benefits of listening to and seeking advice from their husbands rather than their female friends they will not listen and tell you that Oko kan o kun cupboard meaning that a husband is not all that and is just overhyped.

erico2k2:

The court can enforce confiscation order on your property cos you will be liable to repay!

How much property for loan that may not be up to N200k? D truth on the '' suicide'' was likely not stated here

I cannot guarantee more than my 3 months salary to anyone.

I turned down a friend's Guaranty of 3M. How I for do?
He was hurt.. But boys will be boys... He saw it my way. We still cool

I was also a victim of over trust, some one begged me to help him get a loan, trusted him and got it, after the first month, stories started coming and he never paid the remaining till today, I had to manage for 6 months + till I completed the loan of about 500k.. Suicide is not an option, January-july 2019 will not be forgotten too soon

Another person collected a loan..chop the money
Me come commit suicide for money wey I no follow chop.

Some joke

otokx:
Do not sign guarantor form for anybody.

Stop saying this unless you would never need a help from someone in future. We all even the richest person needs help from people at one time or the other. What you need to do is to know the kind of person you help. It's not everyone you can guarantee just as it is not every one you borrow money to either with or without interest.

Let the damn LAPO or LUPO go and cleft their damn money from her dead body. Though suicide is not the option but why threatening to arrest while struggling to pay. Is their any that jail a debtor if their is any I want to know Pls?

Someone collect loan you should have more civil way of getting your money back not through harrassement and intimidation.