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My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) - Jobs/Vacancies (7) - Nairaland

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Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by Kokaine(m): 4:28pm On Jul 14
Me I'm patiently waiting for agsmeis loan. I've done my test.
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by gaftsoil(m): 4:44pm On Jul 14
They can't do noting to you... I collected loan of 8000 to pay 10400 from them and in the process my phone lost. D 2400 interest was to be paid in 7days. After one month I bought a new phone and did welcome back and realised they have sent messages to my contacts weeks ago. I got annoyed and finally when they call, I told them that before I pay them, they should call all my contacts and tell them it was a mistake.. I even told them they are thieves collecting huge interests on in short period.. They said they will forward my name to legal teams.. I also got mails from them and now my default is about N54700. I'm still waiting to go to court
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by TheVictorious(m): 4:44pm On Jul 14
Kokaine:
Me I'm patiently waiting for agsmeis loan. I've done my test.

How can I do mine too bro?
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by ekene101: 4:45pm On Jul 14
IGpro1:
tell me more abeg...how you take deal with them
I collected over 15 apps and did not pay,they threatened to message my contacts and I told them to go ahead and they did,each time they call about d money I refer them to my contacts.they have been begging and even reduced the amount to d initial capital. But I told Dem to go collect it from d contacts dey texted.

8 Likes

Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by sunnysunny(m): 4:50pm On Jul 14
Mine was similar a little bit to yours but i paid through my nose. My repayment date was to be due in 3 days. I did payment via gtbank ussd but the payment hanged in the air until the date due. I called and explain to them and also send proof but rather. They accumulated default fee against me for 2 weeks. I borrowed 12k to pay 15.5k. After gtbank reverse my money after 2 weeks. I ended up paying Palmcredit 25k loan+default fee. Very anonying. Since then i learn to stay always stay from Nigerian loan apps after watching this youtube video explanning how this Nigerian loan companies works and traps Nigerians into debt. You too should watch it to get sense and stop patronising loan apps.

https://www.youtube.com/watch?v=RR5N3fiMlX4
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by sunnysunny(m): 4:53pm On Jul 14
Nukilia:
We need a thread on all these rubbish criminal gang loan apps! grin cheesy grin

This is the thread video you need

https://www.youtube.com/watch?v=RR5N3fiMlX4

1 Like

Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by ekene101: 4:53pm On Jul 14
Ofadaman:


It's not advisable to do so for two reasons

1) If the loan is still open they'd give you a negative credit report that you are defaulting on a loan, this will make it harder for you to access loans from other loan companies , and sometimes some employers like banks ask you for your credit report before employment if it's bad they'd not employ you (CBN rule), plus if you manage to clear it, your credit report has been ruined and you can only access loans from few companies at very high rate.


2) They have your contacts, this sad bit of it is that they can embarrass you by sending to all your contacts that you are owing them money.
This will affect your social capital and may cause harm to your reputation.
They can't report any shit,they ain't license to do that,those guys own more than 9apps each with different names on playstore while their friends and relatives own more,if u default on one dey send ur details to their other colleagues operating other apps that way u won't get loans from them. Take it from someone who knows how they operate and still collecting from newer apps as Dem dey enter playstore and those not even in play store without paying due to wat dey did to me.
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by rosalieene(f): 4:55pm On Jul 14
IprintMONEY:
face of one of the idiots always callu u and harrassing you. peasants take note rosalieene
Hahahaha
Don't drag me into your mess.
For your information, I am not an Agent.
If you're a chronic debtor, you should be really ashamed of yourself.
Give yourself some slack and stop embarrassing yourself Upandan on Nairaland.
If you have a problem with Loan agents, go and look for them in their houses stop making a fool of yourself on nairaland.
Nobody forced you to borrow money from them, you did by yourself even knowing the implications and now you're looking for whom to pour your frustration on.
If you're that credit worthy, why couldn't friends and family help you in times of need. The reason is not far fetched. It's very glaring that you can't be trusted with money.
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by Giifloez(m): 5:01pm On Jul 14
xpool:
BET9JA IS NOW BANKRUPT.
They no longer let customers to withdraw their winnings. For weeks now bet9ja has stopped paying winnings, they are fraudulent.

BEWARE OF BET9JA
BET9JA IS SCAM
STOP DEPOSITING INTO BET9JA ACCOUNT.
STOP USING BET9JA

I just withdrew from bet9ja last week...stop spewing rubbish and tarnishing the image of a company...maybe there is a problem with your bank details.
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by rosalieene(f): 5:02pm On Jul 14
Mekudi:
why are you bitter,seems you're working for them
Are you sure you know the definition of BITTER?
ok bring your number let's post here so that people will blast you unnecessarily undecided lipsrsealed

Op could have made his point without putting out someone's number.
What's all this stress of assuming that one is an agent.
I know alot about this loan companies and how Nigerians behave with regards to offsetting their debt so just stop all this drama!
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by authority2006(m): 5:05pm On Jul 14
sam564:


brother!!!! they have started accumulating the money even befor the due date....

"Be able". I meant the means to pay it.
"have intention". I meant even if you have money tomorrow, those interests will likely discourage you.

1 Like

Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by ekene101: 5:06pm On Jul 14
Jamesz12:
Bros I'm currently in this yoke, please what if they start embarrassing the person through sending texts to his contacts, because that's the part I fear the most
Please I need assistance


Write a disclaimer message to your contacts that some people are blackmailing you and wants to ruin your reputation,they should ignore anyone that calls or texts them because such person is a fraudster.they should block and never send money to anyone.
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by MightyHand(m): 5:07pm On Jul 14
easzypeaszy:
I hav posted somtin abt dem b4 on nairaland but they felt I was advertising for Carbon(pay later)
Palmcredit
Okash
Dis 2guys are worst dan devil

If those ones worst than devil, then skolo, 9j cash, 9credict, fair money and co THEY ARE PRINCIPALITIES in HEAVENLYs

God deliver me from 9ja cash around Feb.. NEVER again

2 Likes

Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by BenIk10: 5:25pm On Jul 14
Access Bank USSD loan are also complicit in such financial frauds
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by bigcee(m): 5:40pm On Jul 14
ekene101:
I collected over 15 apps and did not pay,they threatened to message my contacts and I told them to go ahead and they did,each time they call about d money I refer them to my contacts.they have been begging and even reduced the amount to d initial capital. But I told Dem to go collect it from d contacts dey texted.
You be hard man grin

1 Like

Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by Acidosis(m): 5:44pm On Jul 14
Loan apps have only learnt to treat Nigerians with the only language we seem to understand. I will never blame them.
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by martooski(m): 5:45pm On Jul 14
Nukilia:
We need a thread on all these rubbish criminal gang loan apps! grin cheesy grin

There's one already

https://www.nairaland.com/6590757/sokoloan-very-nasty-set-people

1 Like

Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by bigcee(m): 5:45pm On Jul 14

Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by Acidosis(m): 5:47pm On Jul 14
ekene101:
I collected over 15 apps and did not pay,they threatened to message my contacts and I told them to go ahead and they did,each time they call about d money I refer them to my contacts.they have been begging and even reduced the amount to d initial capital. But I told Dem to go collect it from d contacts dey texted.

People like this are reasons a loan app will treat you with disdain even if you have genuine intentions of paying back.

Avoid loan apps or end up with the criminal treatment. Evil people have taught them a lesson. Loan apps are basically for criminally minded people like this guy nowadays. So if you're not a criminal, don't go down that route at all
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by pafo(m): 5:49pm On Jul 14
phemmyfour:
You can't do it manually? Visit their office? You have no excuse

Who born this kinda person ffs?

1 Like

Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by martooski(m): 5:49pm On Jul 14
My advise is that you should stop bordering yourself. Ensure you pay the principal and interest as agreed. Then bloc your ATM card or use another account. They will update it Credit Bureau for awhile the write it off later.

The only thing is they won't lend to you again until you pay the deficit.

There are other loan app with a more friendly customer service try MONEE and CARBON
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by naijaman2225(m): 5:50pm On Jul 14
sam564:



I no sub brother!!!!! truth be told am using opera mini daily free 50mb.... that is why I can neva comment on first page of evry topic...lols..
God go hellp me..



I meeeuuvveee
A TRUE NAIJARIAN... LOLZ

1 Like

Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by martooski(m): 5:50pm On Jul 14
Acidosis:


People like this are reasons a loan app will treat you with disdain even if you have genuine intentions of paying back.

Avoid loan apps or end up with the criminal treatment. Evil people have taught them a lesson. Loan apps are basically for criminally minded people like this guy nowadays. So if you're not a criminal, don't go down that route at all

Borrowing is never a criminal matter it's a civil matter
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by Redomi(m): 5:52pm On Jul 14
That is how one of my guy collected loan from about 10 of them, and he told me he won't pay back, and till now he didn't pay o, I later asked him the secret, he told me everything

1 Like

Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by victorazy(m): 5:53pm On Jul 14
simplejayy:
I am not satisfied with the way this company operate.

Who has experience such?

I took a loan of 11,000 to repay in a week time with interest on 21/06/2021 as due date. I tried repaying on the app even before the due date but it wasn't successful. The app is stagnant and give pending note. All efforts to reach their customer care was abortive. Still yet default charges keep increasing.

After few days a collection officer of the company with this number (+234 701 743 3849) started sending me threat messages to pay up. I explained to him what I have been experiencing. I paid the loan amount and initial interest rate by bank transfer. I sent him proof of payment and was cleared not default charges remained.

He said I still have to pay for default. I said I can not pay for default because the fault is not mine as their app was not accepting payment. That they should fix their app. The following day I paid using fist monie pos and sent him proof of payment. He said it will be cleared. Up till now it has not been cleared. Default charges keep accumulating after 2 weeks of payment.

Only to remind him to clear the default payment this morning and he blocked me on whatsApp. I called him on regular call and he said the company is not his father's company and that do I want him to block me again on call.

This is not fair at all. I feel cheated.


PalmCredit is the worst ever.
They ate my money twice.

FareMoney is the best.
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by IprintMONEY: 5:54pm On Jul 14
rosalieene:

Hahahaha
Don't drag me into your mess.
For your information, I am not an Agent.
If you're a chronic debtor, you should be really ashamed of yourself.
Give yourself some slack and stop embarrassing yourself Upandan on Nairaland.
If you have a problem with Loan agents, go and look for them in their houses stop making a fool of yourself on nairaland.
Nobody forced you to borrow money from them, you did by yourself even knowing the implications and now you're looking for whom to pour your frustration on.
If you're that credit worthy, why couldn't friends and family help you in times of need. The reason is not far fetched. It's very glaring that you can't be trusted with money.
where did i say i collected loan,, if you know who u are talking to, u will not give me the next reply because the next reply will result to some extreme dragging and u will regret ever quoting me. no be me ask your mama to allow guys to Bleep am anyhow to a point wey u no sabi who be your papa
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by IprintMONEY: 5:55pm On Jul 14
Redomi:
That is how one of my guy collected loan from about 10 of them, and he told me he won't pay back, and till now he didn't pay o, I later asked him the secret, he told me everything
share the secret
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by victorazy(m): 5:55pm On Jul 14
MightyHand:


If those ones worst than devil, then skolo, 9j cash, 9credict, fair money and co THEY ARE PRINCIPALITIES in HEAVENLYs

God deliver me from 9ja cash around Feb.. NEVER again

FairMoney is the best.
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by IprintMONEY: 5:56pm On Jul 14
gaftsoil:
They can't do noting to you... I collected loan of 8000 to pay 10400 from them and in the process my phone lost. D 2400 interest was to be paid in 7days. After one month I bought a new phone and did welcome back and realised they have sent messages to my contacts weeks ago. I got annoyed and finally when they call, I told them that before I pay them, they should call all my contacts and tell them it was a mistake.. I even told them they are thieves collecting huge interests on in short period.. They said they will forward my name to legal teams.. I also got mails from them and now my default is about N54700. I'm still waiting to go to court
10k to 54k lol
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by Omobada(m): 6:00pm On Jul 14
ekene101:
I really dealt with them

Not only you my bro. I'm currently dealing with them. They must get conscience by fire by force
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by IprintMONEY: 6:01pm On Jul 14
rosalieene:

Are you sure you know the definition of BITTER?
ok bring your number let's post here so that people will blast you unnecessarily undecided lipsrsealed

Op could have made his point without putting out someone's number.
What's all this stress of assuming that one is an agent.
I know alot about this loan companies and how Nigerians behave with regards to offsetting their debt so just stop all this drama!
u never see anything o, go to nairaland ashawo thread and ask of satan, if i start with u, u go know say that guy dey learn
Re: My Bad Experience With Palm Credit (Transsnet Financial Nigeria Limited) by martooski(m): 6:06pm On Jul 14
rosalieene:

Are you sure you know the definition of BITTER?
ok bring your number let's post here so that people will blast you unnecessarily undecided lipsrsealed

Op could have made his point without putting out someone's number.
What's all this stress of assuming that one is an agent.
I know alot about this loan companies and how Nigerians behave with regards to offsetting their debt so just stop all this drama!

Another agent.
Supporting people blackmailing Nigerians.

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