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What Will Happen If One Fails To Pay Back Loan From Loan App? - Business (15) - Nairaland

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Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Ifeanyi4491(m): 11:25am On Feb 01
LORDKing001:

Go to PlayStore
Instal branch
Then fill your details
You will see d amount you qualify for then apply

5k to pay 6k by month end. If you refer someone you get 1.5k on repayment
Holla me if you want me to give you my referral pls
how long does it take them to approve a loan
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by LORDKing001: 11:45pm On Feb 02
Ifeanyi4491:
how long does it take them to approve a loan
Instant if u meet d requirement
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Loooooooogstory: 11:04am On Feb 06
drmikeadams:
grin grin grin the kind criminal message soko people go send ur contacts ehn,,people wey never call u since nineteen86 go begin call u ask u wetin happen
hahahhaha I am unhappy but this your comment ehen

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by RedPanda: 3:29pm On Feb 06
drmikeadams:
grin grin grin the kind criminal message soko people go send ur contacts ehn,,people wey never call u since nineteen86 go begin call u ask u wetin happen

very true. had this experience with sokoloan. As in, it was terrible....I just didnt have the money, it wasnt even that i didnt want to pay. Give me more time na lie, always bombarding me with calls and then they started spaming my contacts with messages like I used them for reference which i never did and then saying I was an alleged fraudster on the run for 5k grin grin grin........mehn it wasnt funny.... when about 5 people called me, I was so infruriated and then now decided I was never going to pay back. I sent messages to all my contacts they my gmail contacts had been hacked and i'm being defamed by scammers desperately trying to tarnish my image. All my contacts got the message so people stopped contacting me. They were even piting me sef, that was how i was able to overcome. After a while I blocked all their contacts, there is this particular rude girl sending threatning messages everytime that they will arrest me, they will do this....untop 5k abeg shift comot. e don reach about 4 months now. The last person to call me I said if i pay now will they retract their lies and defaming mesages, if they defame me they should take that as the money abeg, no time. Now me and folks laugh about them as Scammers.

But seriously something meeds to be done about Sokoloan, they have very unethical practices. Somebody needs to sue them and put them out of business, get them banned on playtore or something. Very rude HND or OND loan recovery agents that cant even spell well.

7 Likes

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by drmikeadams(m): 3:35pm On Feb 06
RedPanda:


very true. had this experience with sokoloan. As in, it was terrible....I just didnt have the money, it wasnt even that i didnt want to pay. Give me more time na lie, always bombarding me with calls and then they started spaming my contacts with messages like I used them for reference which i never did and then saying I was an alleged fraudster on the run for 5k grin grin grin........mehn it wasnt funny.... when about 5 people called me, I was so infruriated and then now decided I was never going to pay back. I sent messages to all my contacts they my gmail contacts had been hacked and i'm being defamed by scammers desperately trying to tarnish my image. All my contacts got the message so people stopped contacting me. They were even piting me sef, that was how i was able to overcome. After a while I blocked all their contacts, there is this particular rude girl sending threatning messages everytime that they will arrest me, they will do this....untop 5k abeg shift comot. e don reach about 4 months now. The last person to call me I said if i pay now will they retract their lies and defaming mesages, if they defame me they should take that as the money abeg, no time. Now me and folks laugh about them as Scammers.

But seriously something meeds to be done about Sokoloan, they have very unethical practices. Somebody needs to sue them and put them out of business, get them banned on playtore or something. Very rude HND or OND loan recovery agents that cant even spell well.
grin grin grin grin. Na there way
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by drmikeadams(m): 3:37pm On Feb 06
Loooooooogstory:
hahahhaha I am unhappy but this your comment ehen
grin grin na truth I tell u o
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by RedPanda: 3:46pm On Feb 06
drmikeadams:
grin grin grin grin. Na there way

as in grin grin grin

I quickly got ahead of the situation, there plan was to be dropping 5 messages to different contacts everyday, they will now call me and say that have I paid. if No they will drop like that. They wanted to be making it drip by drip...I just said fucck it... Let me inform my contacts myself. I messaged everyone personally and then on whatsapp that these 2 numbers that were sending the messages where SPAM numbers known for lies and falseholds and desperation. They should ignore any message from SOKOLOAN or anyone saying fraudster or Used as reference.

After they now knew the messages didnt work, they now started spamming my own line everyday with threats...as in it was disheartening. They have stopped now sha, one lady in particular very rude, she threatened everything...she will finish me, she will find me. she will deal with me,,, she willl blah blah blah untop 5k grin grin grin grin

The desperation was real, as in me sef con dey blame myself say y i go take loan from this poor people, very desperate like all their lives depended on the 5k. I learnt my lesson the hard way though. grin grin

3 Likes

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by TalabiAudu: 5:16pm On Feb 06
RedPanda:


as in grin grin grin

I quickly got ahead of the situation, there plan was to be dropping 5 messages to different contacts everyday, they will now call me and say that have I paid. if No they will drop like that. They wanted to be making it drip by drip...I just said fucck it... Let me inform my contacts myself. I messaged everyone personally and then on whatsapp that these 2 numbers that were sending the messages where SPAM numbers known for lies and falseholds and desperation. They should ignore any message from SOKOLOAN or anyone saying fraudster or Used as reference.

After they now knew the messages didnt work, they now started spamming my own line everyday with threats...as in it was disheartening. They have stopped now sha, one lady in particular very rude, she threatened everything...she will finish me, she will find me. she will deal with me,,, she willl blah blah blah untop 5k grin grin grin grin

The desperation was real, as in me sef con dey blame myself say y i go take loan from this poor people, very desperate like all their lives depended on the 5k. I learnt my lesson the hard way though. grin grin


Lmao, pls can you send screenshots of their messages?
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by xcesswag(m): 4:29pm On Feb 10
make I no lie... I dey owe sokoloan 33k or there about, it will be due next weekend ... and I know I can't get it baring a miracle sha... honestly if they send any message to my contacts thus time... na to jump inside Atlantic ocean o... I don tire I swear

2 Likes

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Blackeard(m): 8:53pm On Feb 11
Sokoloan are loan sharks and not money lenders
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by walyx(m): 5:55pm On Feb 14
I still give it to carbon.

3 Likes

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by drmikeadams(m): 6:34pm On Feb 14
xcesswag:
make I no lie... I dey owe sokoloan 33k or there about, it will be due next weekend ... and I know I can't get it baring a miracle sha... honestly if they send any message to my contacts thus time... na to jump inside Atlantic ocean o... I don tire I swear
grin grin grin no tire,,them go send message say u be criminal and u dey on the run,just prepare ur mind


Na that "u dey on the run "weak me for my own case
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by ossaisly(m): 8:28pm On Feb 16
walex2:
ookay i got it, but is it right to send messages to all contacts

They won't send messages, they will call and instigate insults.

Plz don't let them get u
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by NairalandAngel(m): 8:43am On Feb 18
zeedof:
I am a banker and a credit officer......
Though nothing will happen to you, no body will arrest you or disturbed, they will only percified you to pay back. But if you are the type that want to grow in future and want to access facilities, i will advice you to pay and always pay at stipulated date... because, your record on credit bureau will be flag.. Meaning no bank can grant you facilities, no standard or reputable organization can do business partnership with you again, even it can affect you in traveling process.... it's will always show that you have bad credit...

Hi, I need contact details of a credit bureau with affiliations outside Nigeria (The Middle Eastern countries)

Can you provide some assistance
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by NairalandAngel(m): 7:20am On Feb 19
charliebiz:
Be very careful when you collect such loan. I won't reveal much but someone got deported from Canada because of such loans from a bank. He thought he had gotten away until the bank made calls to embassy and he was deported without given the opportunity of trying to pay back.

Do you have an idea how much this costs?

What are the necessary documents that one needs to submit?
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by LordAzubuike(f): 10:29pm On Feb 22
mascot87:



Flee from Soko loan. If you owe them, they will send embarrassing messages to all your contact that you are fraudulent and that they will arrest you.
grin

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by NewLogicalMind: 3:12pm On Feb 27
Edoziesmart:
Nothing will happen to you brother.

I'm owing kwikmoney 20k since September 2019.
And I don't intend paying them because there service was not fair to me at all.
I migrated to branch last November and collected 2k from them. Which I even forgot do to busy schedule.
I saw there warning messages yesterday, as I power on the phone number I used to register my bvn and bank related stuff telling me I had unpaid debt of ₦2400.

Anyway I will try and pay branch tonight.

But you see kwikmoney I don't intend paying those people till next 50 years.

Their service was poor and their loan interest was high as I collected this last money.
Imagine paying 28% of ₦20k loan within 14 days. I called to their customer care about the problem and error, and they told me they will rectify it. They refused rectifying it till my loan balance was due for repayment.

That's why I harden my heart to pay them their money.

You are evil
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by NewLogicalMind: 3:14pm On Feb 27
RedPanda:


very true. had this experience with sokoloan. As in, it was terrible....I just didnt have the money, it wasnt even that i didnt want to pay. Give me more time na lie, always bombarding me with calls and then they started spaming my contacts with messages like I used them for reference which i never did and then saying I was an alleged fraudster on the run for 5k grin grin grin........mehn it wasnt funny.... when about 5 people called me, I was so infruriated and then now decided I was never going to pay back. I sent messages to all my contacts they my gmail contacts had been hacked and i'm being defamed by scammers desperately trying to tarnish my image. All my contacts got the message so people stopped contacting me. They were even piting me sef, that was how i was able to overcome. After a while I blocked all their contacts, there is this particular rude girl sending threatning messages everytime that they will arrest me, they will do this....untop 5k abeg shift comot. e don reach about 4 months now. The last person to call me I said if i pay now will they retract their lies and defaming mesages, if they defame me they should take that as the money abeg, no time. Now me and folks laugh about them as Scammers.

But seriously something meeds to be done about Sokoloan, they have very unethical practices. Somebody needs to sue them and put them out of business, get them banned on playtore or something. Very rude HND or OND loan recovery agents that cant even spell well.

By holding on to the lender's money you're depriving him of use of it thereby preventing him from earning revenue!

2 Likes

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by NewLogicalMind: 3:15pm On Feb 27
Patoski7:
I will advise anyone taking loans from any loan app to avoid 9credit, Sokoloan those guys can disturb for Africa ehh

If you don't call the borrower then you will never recover your money from Nigerian borrowers who we all know are evil
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by NewLogicalMind: 3:16pm On Feb 27
77up:
chai , guy you be thief o cheesy

You're correct he is a very big thief
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by NewLogicalMind: 3:21pm On Feb 27
mascot87:



Flee from Soko loan. If you owe them, they will send embarrassing messages to all your contact that you are fraudulent and that they will arrest you.

Sometime you need to adopt stringent tactics if you want to recover your money
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by temjul(f): 11:26am On Mar 06
A lot of people are ignorant about the opportunity in downloading branch loan app.

Here is how it works:
Download the app https://branch.co/download/ec7aas

Register your details

Share your referral/invite link

Earn #1500

The more people click the more you earn, just from the comfort of your room.

Do this and thank me later...

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Nairaboi(m): 5:23am On Mar 20
Oh
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Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by sats: 9:31am On Mar 20
NewLogicalMind:


By holding on to the lender's money you're depriving him of use of it thereby preventing him from earning revenue!

More wisdom bro
I salute you!
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Nobody: 10:15pm On Mar 20
Maximise the use of your phone by making money off it. Those who are interested in earning 15-20k per month should drop their mail address.
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by ikbaba(m): 10:46pm On Mar 20
highzickjosh:
Maximise the use of your phone by making money off it. Those who are interested in earning 15-20k per month should drop their mail address.
idokoikechukwufriday2017@gmail.com
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Alexmecury4: 4:39pm On Mar 22
highzickjosh:
Maximise the use of your phone by making money off it. Those who are interested in earning 15-20k per month should drop their mail address.


Alex4decency@gmail.com
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by kayodez: 10:25pm On Mar 27
zeedof:
I am a banker and a credit officer......
Though nothing will happen to you, no body will arrest you or disturbed, they will only percified you to pay back. But if you are the type that want to grow in future and want to access facilities, i will advice you to pay and always pay at stipulated date... because, your record on credit bureau will be flag.. Meaning no bank can grant you facilities, no standard or reputable organization can do business partnership with you again, even it can affect you in traveling process.... it's will always show that you have bad credit...


Good evening sir. Pls wats the meaning of blacklisting BVN, with ur experience working in the bank. What does that mean? Pls shed more light to this sir. Thanks
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by zeedof(m): 7:19am On Mar 28
kayodez:


Good evening sir. Pls wats the meaning of blacklisting BVN, with ur experience working in the bank. What does that mean? Pls shed more light to this sir. Thanks
Nothing you can do now in Nigeria without filling your BVN, and when you seek for a facility or want to apply for something that require to check your bureau record, then your BVN will be the main key search means. If you had taken facilities from different organization without paying back or paying in time, then it will be reporting on your credit score that you have bad debt, written off, not performing, performing and many more. In that case you have been blacklisted, which no reputable organisation will grant you facility.
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by kayodez: 8:55am On Mar 28
zeedof:
Nothing you can do now in Nigeria without filling your BVN, and when you seek for a facility or want to apply for something that require to check your bureau record, then your BVN will be the main key search means. If you had taken facilities from different organization without paying back or paying in time, then it will be reporting on your credit score that you have bad debt, written off, not performing, performing and many more. In that case you have been blacklisted, which no reputable organisation will grant you facility.

Thanks for ur candid response.. I'm glad but will one still be able to access his banking transactions like depositing and withdrawal, making transfer and so on... Despite been blacklisted?

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