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Nairaland Forum / Nairaland / General / Business / Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion (37906 Views)
Data Protection Bureau Fines Soko Loans ₦50 Million For Data Breach / Soko Loan Has Finally Defamed Me (pictures) / Sokoloan Set To Shutdown, After Paying ₦10 Million NITDA Fine (2) (3) (4)
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Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by KazikageSama: 7:31am On Aug 18, 2021 |
The National Information Technology Development Agency has sanctioned Soko Lending Company Limited, an online lending platform, with a fine of N10m for privacy invasion. https://punchng.com/nitda-imposes-n10m-fine-on-firm-for-privacy-invasion/ 76 Likes 11 Shares
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Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by dudusky007(m): 7:32am On Aug 18, 2021 |
Na so them send message give me say make I stay away from 1 mr john..... say na thief,him run with dia money and a criminal. I laf because I no say na dia way.. and to all those giving all this loan app ur bank personal details..your details is no longer personal. that's the reason you can receive unknown debit from unknown location 185 Likes 10 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Lagosfinder(m): 7:37am On Aug 18, 2021 |
Their debtors we store numbers of services they need They would start bombing those services with messages When this service never knew the debtor Meanwhile if you need any type of apartment on the island Wether to buy, rent or shortlet Contact Us today for best deals 7 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Femmyfestus: 7:51am On Aug 18, 2021 |
The things i hear them do to people is unfair. They will text all your contact that you are a fraudster running away with company money if you default. meanwhile they didn't force anyone to come take their loan. 83 Likes 3 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Nobody: 8:22am On Aug 18, 2021 |
I think before one access their loan he/she might have seen their terms and conditions which is defamation,but the oni gbese will ignore to read it because he/she is desperate to access the loan. 126 Likes 12 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Splendidsolo(m): 8:39am On Aug 18, 2021 |
Well Deserved.... useless app 83 Likes 5 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by MrWondah(m): 5:55pm On Aug 18, 2021 |
I'm not surprised 18 Likes 3 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by jimmyolasun: 12:42pm On Aug 19, 2021 |
H |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by thatsleepboy1: 12:42pm On Aug 19, 2021 |
This is very wrong from the agency. I don't and won't support evil. They should be fined ₦10b for the damages they've done to people. 162 Likes 4 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by MANNABBQGRILLS: 12:43pm On Aug 19, 2021 |
Good for them for their sometimes overzealousness and at the same time, our citizens should learn how to pay the debt they borrowed at due time. Some borrow with the mind of never wanting to pay back their loan. Criminal attitude, you see their comments online here like "Me, I go just borrow and throw away the SIM CARD for life, they will never find me or locate me" Just imagine that! Even things as small as MTN #100 recharge card. Sick attitude. Be the CHANGE you wanna see. 65 Likes 12 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by revived: 12:43pm On Aug 19, 2021 |
Good Very very good These bast*rds go about defaming people because of useless amount they offer as loan. 24 Likes 4 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Atikulated: 12:44pm On Aug 19, 2021 |
Good... Privacy invasion is bad and unlawful. One can only imagine what else they're doing with the million contacts in their DB. They should find more legal ways of going after their debtors instead. 22 Likes 1 Share |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Cerebellum: 12:44pm On Aug 19, 2021 |
Hehe This country is always full of the bad, nonsense and rubbish The best thing "KEEP OFF ONLINE LOANS"! 19 Likes 1 Share |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Nobody: 12:44pm On Aug 19, 2021 |
Nonsense sapa loan shark apps Spreading poverty 16 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Ekakamba: 12:44pm On Aug 19, 2021 |
E be like they deserved it, based on some of their customers' comments here. 14 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by DenreleDave(m): 12:44pm On Aug 19, 2021 |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Simeonjoe1: 12:44pm On Aug 19, 2021 |
How are we stealing people's contact? But the customers read the terms and conditions before applying for loans. Nigerians are always used to getting things free, they still want to ransack this one. Pls could we get our money back if we don't follow this due process. 6 Likes 2 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by wunmi590(m): 12:44pm On Aug 19, 2021 |
The joy on their debtors would know no bound now 6 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by OceanEye: 12:45pm On Aug 19, 2021 |
Just as expected |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Nobody: 12:45pm On Aug 19, 2021 |
While I hate sokoloan for other reasons, the reason why they take such extreme measures is because they don't have a choice 1..many of their customers don't pay back at all or very late 2. Records and registrations in Nigeria are very very poor. Having said that I agree their methods are too harsh. Having said that if you are planning to take a loan from one of those loan companies like sokoloan and paylater and branch, as the terms and conditions says make sure you have the means to pay as and at when due. Them loan companies are evil but they unfortunately meet a need. Our banks won't give you a 5000naira loan for two weeks. Even if your salary is domiciled there ( except for a few) 26 Likes 3 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by cybertuns(m): 12:45pm On Aug 19, 2021 |
They will invade the defaulters contact list and say he ran away with company's money. 3 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by KingTom(m): 12:46pm On Aug 19, 2021 |
Joysticks:You're the only wise person on this thread. You took a loan and now you do not want to pay back and you expect them to clap for you? 22 Likes 2 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Immorttal: 12:46pm On Aug 19, 2021 |
I love this, these dudes has sent several texts on my phone probably from their defaulted debtors. I shocked 5 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Virus99: 12:46pm On Aug 19, 2021 |
I'm not in support of what they're doing...but then...an average Nigerian is a god-damned criminal ! So bad at returning borrowed money. They will borrowed 5k for 21 days... knowing fully well they have no means to pay back the money. All in all, I blame the hardship in the land. Everywhere just red 20 Likes 1 Share |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by dgagar(m): 12:46pm On Aug 19, 2021 |
cy-invasion/[/quote] |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Chijeep(m): 12:46pm On Aug 19, 2021 |
K |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Babaflenjor: 12:47pm On Aug 19, 2021 |
Useless set of loan app 2 Likes 1 Share |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Anthony0094(m): 12:47pm On Aug 19, 2021 |
Set of wicked people 1 Like |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by sisisioge: 12:47pm On Aug 19, 2021 |
Good call! Now that everyone is going into fintech biz without proper ethics, it is better an example is made of one of them. I know Branch and fairmoney are very ethical....they wont send crazy messages to your people. Rather, they will select your important contact and elicit their help to get your repayment. 29 Likes 2 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by tamdun: 12:47pm On Aug 19, 2021 |
my wife's phone was stolen and all her money withdrawn, now one migo is calling my sister that one Mrs(my wife) borrowed money from them, those mofo even use one of her contacts as guarantor,the fraudsters just picked one num from her contact list... 18 Likes 2 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by dgagar(m): 12:47pm On Aug 19, 2021 |
Stupid People. Collect #5000 and repay #8000 in 7days. Oleeeeeeee 42 Likes 5 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by pek(m): 12:48pm On Aug 19, 2021 |
Lagosfinder:If I told you I understand your write up, I would be lying 17 Likes |
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