pek:
If I told you I understand your write up, I would be lying

post=104957570:
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.

neighbourhud:


You are right but those companies are sometimes dubious...
They give you loan and make it impossible for you to pay back. It's always easier getting loan than paying back. You find it difficult to access the refund channel and customer care... They deliberately frustrate your efforts and make sure your loan interest piles up and then, boom! The threat starts.

Elvis8236:
I got an sms and WhatsApp message about someone I don't even know owing loan. That they'll involve me in court case, I just told them to delete my contact from their database

neighbourhud:


You are right but those companies are sometimes dubious...
They give you loan and make it impossible for you to pay back. It's always easier getting loan than paying back. You find it difficult to access the refund channel and customer care... They deliberately frustrate your efforts and make sure your loan interest piles up and then, boom! The threat starts.

kingandamy4life:
Guys this people are crazy. At least you should be able to give some one 3 days or even one week to pay up. The very day your loan is due you start getting embarrassing messages. I just wonder what usless app is that. They sent a message to all my contacts after I have paid. My friend salary was delayed for just a day and they went haywire even sending to his boss a useless message. I was mad. Those guys re evil. How can you call someone you re talking to everyday a running thief. I just wonder who is heading those idiots. They should withdraw their license. Rubbish

Jacobx007:

This guy you are a criminal also, a while ago you said you are unemployed, now you work in a communications firm? You are also a CRIMINAL NIGERIAN, IDIOT

ozoneboy:

Shabi if I call u a criminal now,you will report me for ban,this is just the begining,you scatter someone reputation and expect them to pay you.all of una dey mad,come collect naa

Septuagenarian:


What kind of trash are you saying, because they are feeding you from the company by salary doesnt warrant you calling a defaulter a criminal and defaming him to all his contacts. You all have overdue charges on al your loans, your job is to continue contacting or finding means of getting your money back in a legal and professional way not insulting everyone who collected loan from you. We all need to reason very well when defending all these companies and their insanity.

Oyerinde16:


After u scatter their biz by defaulting, they scatter your reputation you are angry, don't u know defaulting is the no 1 killer of biz... Any biz that tolerate defaulting will wind up faster than u can imagine..., know it that you are killing his biz by defaulting

Oyerinde16:


Defaulting is no longer a crime, meaning I can borrow someone's life savings, sign contracts/agreements spend lavishly on beer and women travel round the world like hush, then comeback to a retiree and tell him I can't pay hope he insured... I swear u are mad.

Banks will take over your biz, properties and anything they can lay their hands on after disgracing your future.

Banks will not give you loan if you can't meet up, this soko loan took the loan from banks with all they had so you can get it without the hassle, only for you to buy your babe we a another guy de gbansh cream, then turn to soko say hope una insure the loan, my guy u are raving mad.

Oyerinde16:


A defaulter is a criminal, I maintain my stand, defaulters in civilised climes pay heavy fines and sometimes go to jail, You do not enter agreement you aren't capable of fulfilling, And in the event you may default, you communicate ahead to either restructure of find other means of avoiding embarrassment, most of those embarrassed are this who failed to reach out to the company on time and even ignored reminders sent to them and still did not pay until time elapsed... Stop defending stupidity cos it favors u...

danniyal:

You are still not getting the point. We are not arguing about defaulting here, the issue is the method of recovery. Let's us consider this scenario, your younger one happens to borrow from sokoloan and couldn't meet up (without the consent of anyone in your family) , Sokoloan now send this kind of message to all his contacts defaming your whole family. How will you feel if all your colleagues got this message over a loan you know nothing about? Do they have the legal right to do so?

jackslow:
now in trying to recover their money, they're loosing a whole 10m. There is always a lawful way out

Oyerinde16:


Nitda is putting the cart before the horse, instead of them to warn people against the act of using peoples details without their consent, the are slamming fine on a legitimate company using a means the borrower agreed to. If I can take loans and no embarrassment or sort, no arrest nothing then why should I pay... Most of the loan companies us the same format in different ways, they will all wind up in no time.

Oyerinde16:


I understand you perfectly, the one who messed the family name up completely is your brother, he entered agreement without consent of family and friends, yet gave out their numbers, he went on to default again... Putting you all in this mess.

1. It is wrong to put peoples number in deals they aren't aware/consent to. It is assumed by the loam company that you fully understand the implications of gibing out this contacts before agreeing to it. Once your brother agrees, this indemnifies the loan company.

You can't pat your brother who took out loan spent it carelessly and failed honor his contractual agreement by defaulting and go ahead to crucify the loan company... You are supposed to warn your brother seriously never to try such nonsense again...

It means if your brother use your house and cars to take a loan without your consent because he has the documents, you will not blame him, instead you will ask the loan company if why they took over your property cos you were not there when when your brother mortgaged your property... Your brother should take full responsibility and apologise to you guys all. .

Oyerinde16:


I understand you perfectly, the one who messed the family name up completely is your brother, he entered agreement without consent of family and friends, yet gave out their numbers, he went on to default again... Putting you all in this mess.

1. It is wrong to put peoples number in deals they aren't aware/consent to. It is assumed by the loam company that you fully understand the implications of gibing out this contacts before agreeing to it. Once your brother agrees, this indemnifies the loan company.

You can't pat your brother who took out loan spent it carelessly and failed honor his contractual agreement by defaulting and go ahead to crucify the loan company... You are supposed to warn your brother seriously never to try such nonsense again...

It means if your brother use your house and cars to take a loan without your consent because he has the documents, you will not blame him, instead you will ask the loan company if why they took over your property cos you were not there when when your brother mortgaged your property... Your brother should take full responsibility and apologise to you guys all. .

Oyerinde16:


Nitda is putting the cart before the horse, instead of them to warn people against the act of using peoples details without their consent, the are slamming fine on a legitimate company using a means the borrower agreed to. If I can take loans and no embarrassment or sort, no arrest nothing then why should I pay... Most of the loan companies us the same format in different ways, they will all wind up in no time.

jackslow:
you're getting it all wrong, the government has set procedures for loan recovery the companies must follow those procedures they can't just take laws into their hand and get away with it, I'm telling you they can't do this outside Africa.

Secondly the borrower did not give those contacts to them in any document unless in few cases where they request the bower to give fill in one or two contacts.
We need a law abiding society both the companies and the borrowers must obey the law

danniyal:

Well you and your Chinese masters are going to pay 10million and end up in jail

MrFollowFollow:


What exactly is your grouse with the company?

Is it because it's owned by the Chinese?

I hope you're aware that some loan companies are owned by Nigerians

Temitopex:


This guy, I can see you're very sentimental. I have been reading your replies from the very start and I am forced to quote you now. You actually feel defaulting is anyone's life ambition. Would you tell me you have never been in a circumstantial situation before? Life happens to each and everyone, we've all taken short term loans directly or indirectly, consciously or unconsciously. Defaulting doesn't mean one doesn't have a strategic mean of repayment when taking the loan, but life can happen at any damn time. Why don't you just stop this your biased mindset and spill the truth?

There's one prayer I would pray for you, that you wouldn't be in a circumstantial situation more than your life. No matter how much you might have and think you may not need loans, inasmuch as you can count the money you have, you are still an average human being in life, and remember, it is very easy to fall down in life, so don't spill words that may come back against you simply because you're failing to understand how life works in the sphere of a man's world. Good day.

neighbourhud:


You are right but those companies are sometimes dubious...
They give you loan and make it impossible for you to pay back. It's always easier getting loan than paying back. You find it difficult to access the refund channel and customer care... They deliberately frustrate your efforts and make sure your loan interest piles up and then, boom! The threat starts.

jackslow:
but that's the law you have to obey it, otherwise be ready to pay fines from time to time, or you can change line of business. And by the way on can't spend spent 3months without banking so you will surely get your money with even accumulated interest. Those companies are coming to Nigeria to do what they can not do in Europe

MrFollowFollow:


In Europe when people borrow they pay on due date, they don't wait for you to start chasing them around before they make payment

In Europe if you borrow and refuse to pay back it goes on your record and your will never get credit from any other company.

In Europe if you borrow and refuse to pay back it will adversely affect your chances of getting a job

In Europe if your borrow and refuse to pay back your insurance premium will be higher that that of people who have good credit score.

In Europe if you borrow and refuse to pay back no landlord wil want to rent an apartment to you

danniyal:
I am still waiting for you mr followfollow