EhisChelsea1:


Guy forget Sokoloan, they are the worst money lending company in Nigeria. They give you loan at almost 55% interest in 14days... Which business dem expect you to do to make such profit in 14 days?

I took a loan of 15k from them in January... 2weeks later, dey called and I told dem to wait til month ending wen salary comes... D lady wan start dey insult me na i end d call. Na so dem start dey call me morning and evening and i tell dem say month ending.... 26th to be precise...and na so dem dey add money join every day o (dem say penalty charges for late payment)


About 4 days later, i got that text wen dem send ur contact so from them and den, d same lady called saying dem wan send d message to all my contacts say i be criminal and run with their funds.....

I sincerely thanked the lady and urged her to send the msg immediately but also told her, once that msg is sent, AM NOT REFUNDING AGAIN. the company should get their funds from my contact and dat I will deactivate my ATM immediately we end the call which means they can't access my account anymore........ (Their mumu company know say na my salary account I use and I activate auto-debit which means once money enter, dem fit auto-remove am even before me notice the alert yet greed and impatience not allow dem rest)

Na this month make am 12 months now... I still dey wait for them to send d msg...... ( I go pay them by next tomoro sha cos I nor fit carry debt enter new year)

CHARLOE:

Oh really! U tarnish someone's reputation over 5k n all u can say is 'let it go', are u kidding me? Don't worry, a big lawsuit will be slammed against u guys soon!

HitlerGaddafi:
Too many bad reviews about soko loan.

What you people actually don't understand is, if a customer refuses to pay back a soko loan, the money will be deducted from the salary of the staff that disbursed the loan. That's why they are so mean and ruthless. Sometimes they will even threaten you with police . The will embarass you by texting all your contacts including your exs and enemies.

Palmerbarry:
Dear Sokoloan, I will be in my best behaviour while posting this.

I applied for a loan a month back which I didn't repay in time. I got a call from an extremely rude official 5 days after I received the loan. She informed me that payment is due and I should do that immediately. I tried to be friendly but she wasn't. I asked if I could pay part but she arrogantly declined.
The next day I got a call from her again with insults this time. I told her she's not professional with her work and that made her worse. She threatened to disgrace me in the worst way ever (via SMS). My phone got stolen that night. A day after she sent the most devastating message ever to all my contacts. How she got access to them still surprises me. In her message, she said I'm a wanted criminal on the run with company funds. I got tons of messages on Facebook and missed calls and messages on my other line - my former employers, course mates, lecturers, neighbors, family, besties, other influential people. I was really mad! I had over 300 contacts for Christ sake. I called her immediately to send a convincing message to my contacts. She was adamant and continued with her insult, I fired back not minding her age. I threatened to take the case to court, but I was financially down at that moment. My sister called her immediately she got one of her text and they ended up insulting eachother. I called her some days after, she was a bit calm, and I asked if she would resend another SMS and make everything transparent to my contacts. She said once the payment is complete we'd discuss that. When the payment was deducted automatically from my account, I called the number, but the new user doesn't seem to know me. She requested for my login number I gave her but she said she can't access my account. Up till now. I think I've been too calm with them and I am taking it up now.

The worse part of it is I lost most of my contacts which means I may not be able to clarify myself. This is the worst thing ever to happen to someone.




I've mailed them concerning the issue and I'm yet to get feedback.

Pics below:

loswhite:
The problem of this country is lack of basic Education of how certain things work... How can you destroy your credit rating because of 30k? Too many dumb citizens in this country

generalwo:
..... They are the principal causes of the problems I am facing today. They sent a message to my boss telling him I'm a criminal and I lost my job as a result of that. Now I am indebted with almost every loan app because I cannot afford to pay back. Its draining me seriously because I can't even sleep again. I feel their licence to operate should be revoked... Loans are meant to solve the problems of people but soko Loan is doing the opposite. They are adding to the problems and frustrations of people in this country

Nauttyprof:
I will advise you that you have great chances of winning this case. Keep all evidence and go meet a competent Lawyer.

The Lawyer will probably ask you to pay for the processing fee at the court which is a small fee and then, an agreement will be reached on the percentage of money to be recovered from SOKOLOAN.

This case is a case of character defamation and they need to come up with evidence of how you were an EXISTING criminal (what police station confirmed this, what crime made you an existing criminal and who you committed the crime for you to be tagged an existing criminal). Also, they will need to provide evidence of how you were on the run (where you ran to, what efforts they put in place to search for you and how they arrived at this conclusion).

The company in question is owned by Chinese who never trained their staff in a professional settings but keep recruiting all in the name of wanting to make profit. Don't be surprised, this company also have several loan apps in the Nigeria. So, it is not just Soko but about 2 or other 3 apps with different names. These Chinese are only concerned about money they can make in Nigeria while their staff are of the slavery mindset in their own country. Their staff thinks and reasons like slaves and slaves alone. No thought on seeing themselves as service providers for the company. In fact, it is the staff also that come up with this type of message because of their slavery mentality without any thought on the legal implications of this. Their thoughts are always that whoever borrows money from SOKO can't afford a Lawyer to take up cases when the time comes.

Their staff graduate but act like uneducated people as there are several ways of getting your money without character defamation which includes sending a message plainly that this person has defaulted in repaying loan to his guarantors (there is nothing as embarrassing as this).

Toktee:
Let what go?

Look some of this loan companies are worst than Buhari government, how can you damage someone reputation just because he failed to pay his loan on time?

we tolerate too much in this country.


It is not the same lending 9credit, quick cash, palm pay etc are doing?


I took loan from 9credit though it was just 2500 while in school, because of lectures here and there and exams at the corner, I forgot to pay back..
Two days to due date I was reminded of the pay day,I still forgot... two weeks later I received an SMS from 9 credit thanking me for paying my loan.

what they did was, they silently deducted their money from my account, I just smile.


What about quick cash, same thing they will even give you time and tell you if you are not ready to pay they can extend payday for you.




The best loan companies in Nigeria are QUICK CASH, 9CREDIT, AND PALM PAY ETC...

5thAngel:

Lol. Sometimes it's good to read the terms and conditions before taking the loan.
All these were clearly stipulated. Any suit will be a waste of time and resources.
Take care dear.

Omihanifa:
One guy told me Soko loan went and sent a message to his ex- girlfriend only for that one to even load them with additional information about him

He said the babe gave them his house and office address only for Soko loan to call him the next day and they were telling him that if he doesn't pay up his debt they will come to his house and office

blaise26abj:


“Let it go “ is the reason there is so much injustice in this country . Doing that nonsense over 5k is totally unnecessary. My question to you is this . How do you get peoples phone contacts ? Did they give you willingly or your company harvests it illegally ?

AchalugoNwa:
no you granted their app permission to access your contact and few information about your phone.

Toktee:
Let what go?

Look some of this loan companies are worst than Buhari government, how can you damage someone reputation just because he failed to pay his loan on time?

we tolerate too much in this country.


It is not the same lending 9credit, quick cash, palm pay etc are doing?


I took loan from 9credit though it was just 2500 while in school, because of lectures here and there and exams at the corner, I forgot to pay back..
Two days to due date I was reminded of the pay day,I still forgot... two weeks later I received an SMS from 9 credit thanking me for paying my loan.

what they did was, they silently deducted their money from my account, I just smile.


What about quick cash, same thing they will even give you time and tell you if you are not ready to pay they can extend payday for you.




The best loan companies in Nigeria are QUICK CASH, 9CREDIT, AND PALM PAY ETC...

Ezepresido:
Lawyers should pls advise properly, is there hope to substantiate good case in favour of this guy?
I have a similar case I would like to pursue if am assured of having a good case in court .

ArticleBeast:
I don't blame Solo loan at all. You all saw the interest rate and payment period. If you kept to your promises, you wouldn't be blaming them now. Naija that u will borrow your friend money and lose both the friend and money

Omihanifa:
One guy told me Soko loan went and sent a message to his ex- girlfriend only for that one to even load them with additional information about him

He said the babe gave them his house and office address only for Soko loan to call him the next day and they were telling him that if he doesn't pay up his debt they will come to his house and office

AchalugoNwa:


so that they'll get their money back and I'll end up fixing my reputation myself

nooo it's better I chop their useless money
it pays nothing to be polite

OmodavidoX:
One of the rude girl working with Soko Loan spotted

5thAngel:

You really need to check your dictionary for the definition of rude bro.

seanwilliam:


You’re not different from naija politicians. You’re nothing but a devil.. pls don’t quote me again don’t be unfortunate ..

seanwilliam:


You’re not different from naija politicians. You’re nothing but a devil.. pls don’t quote me again don’t be unfortunate ..

seanwilliam:


You’re not different from naija politicians. You’re nothing but a devil.. pls don’t quote me again don’t be unfortunate ..