Hello my fellow compatriots.

I recently started receiving text messages and calls from a loan firm called Liberty credit about a friend/relative who took me as a guarantor while obtaining a certain credit facility from them, and is now unable to pay back.

The strange thing is: neither the friend nor the said company contacted me to confirm my consent to guarantee the loan.

While I have decided not to talk to the friend about it, my grouse is with the loan firm who is supposed to know the legal standing and procedures for registering someone as a guarantor and entering his details for embarrassing text messages and threat calls.

I wrote to the company via email about my unwillingness and unawareness of the entire engagement, they are yet to respond.

It is quite unfortunate that many things in Nigeria will always be slaughtered on the alter of mediocrity. If not, how come it that a financial institution registered to do business in Nigeria, will be unaware of peoples basic rights? It does not even take rocket science or organic chemistry for a firm to know that contacting the guarantor provided by their loan seekers, to confirm his/her willingness to stand for the person is the right way to conduct an affair like that.

I don't know how else to reach them since they neither respond to email nor text messages. They send automated calls threatening legal action on an unwilling guarantor who never even knew when he was registered on their database as one. Wow! This is definitely a new low level for a corporate entity.

Please my esteemed compatriots, if you have any advise for me on this issue, I will really appreciate it.

@lalasticlala @seun please allow this topic get to front page for Nigerians to help call out this company for their uncivilised and illegal methods of conducting their business. Thank you again

It has nothing to do with you.
They are just blackmailing your friend over his inability to pay the loan.
That’s how they operate sir

Kokaine:
Hello my fellow compatriots.

I recently started receiving text messages and calls from a loan firm called Liberty credit about a friend/relative who took me as a guarantor while obtaining a certain credit facility from them, and is now unable to pay back.

The strange thing is: neither the friend nor the said company contacted me to confirm my consent to guarantee the loan.

While I have decided not to talk to the friend about it, my grouse is with the loan firm who is supposed to know the legal standing and procedures for registering someone as a guarantor and entering his details for embarrassing text messages and threat calls.

I wrote to the company via email about my unwillingness and unawareness of the entire engagement, they are yet to respond.

It is quite unfortunate that many things in Nigeria will always be slaughtered on the alter of mediocrity. If not, how come it that a financial institution registered to do business in Nigeria, will be unaware of peoples basic rights? It does not even take rocket science or organic chemistry for a firm to know that contacting the guarantor provided by their loan seekers, to confirm his/her willingness to stand for the person is the right way to conduct an affair like that.

I don't know how else to reach them since they neither respond to email nor text messages. They send automated calls threatening legal action on an unwilling guarantor who never even knew when he was registered on their database as one. Wow! This is definitely a new low level for a corporate entity.

Please my esteemed compatriots, if you have any advise for me on this issue, I will really appreciate it.

@lalasticlala @seun please allow this topic get to front page for Nigerians to help call out this company for their uncivilised and illegal methods of conducting their business. Thank you again

Ignore their messages and tell them never to call you. They can do nothing to you since you are not the one that took the loan..
Like someone rightly said above... It's just to blackmail the actual person that took the loan as it would damage his image especially if he has high profile contacts saved in his phone

captainking:

Ignore their messages and tell them never to call you. They can do nothing to you since you are not the one that took the loan..
Like someone rightly said above... It's just to blackmail the actual person that took the loan as it would damage his image especially if he has high profile contacts saved in his phone

okay sir. Thanks a million

Nemesis0147:
It has nothing to do with you.
They are just blackmailing your friend over his inability to pay the loan.
That’s how they operate sir

thank you

How Much Is That, In Question

NaijaCoverBlog:
How Much Is That, In Question

I don't even know. I didn't even ask the friend about it. He asked me for a loan one time, I offered him what I could offer. He refused saying that it was too little. About one month later I started receiving text messages that he owed liberty credit money blah blah blah. I ignored it. Then yesterday a number called me that I am advised to instruct him to pay back since he took me as his guarantor. It was an automated call, one you cannot talk back to. That's where my concerns grew that a company would take me as a guarantor for a loan I know nothing about. Something I never consented to standing guarantor for the person. Is it enough to just submit someone's number and that automatically makes him a guarantor. The procedure for standing as a guarantor for someone in a police station includes a written document, scanned ID card signatures, address, and other modalities. Not just receiving instruction from the borrower that he should use a certain number as guarantor. No calls for confirmation, no message, nothing whatsoever. Only a surprise embarrassment that I am now a guarantor for a loan. Wow! Nigeria!

Report the matter the NITDA, they will take it up and charge the company.

DAVE206:
Report the matter the NITDA, they will take it up and charge the company.

okay thanks. I'll check how to contact the online now