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Sokoloan Should Be Shut Down - Business - Nairaland

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Sokoloan Should Be Shut Down by nwikpab: 1:50pm On Nov 02, 2021
So I tried taking a loan from Sokoloan and their interest is about 350 while service charge was 3000+ for 14days.

3000 is what I normally pay for 30day double the amount I intended obtaining from Sokoloan.

Nigerians are going through hardship, don't add more sorrows because we want to patronize your services.

If you like, quote me and say whatever you like but paying 60% in 14days is a rip off.

Banks are not even paying that much on fixed deposit so why loan apps ripping off people?
Re: Sokoloan Should Be Shut Down by omokab: 2:40pm On Nov 02, 2021
They are not a register organization because NDIC or so just fine them 10m naira for stealing on CBN cyber and damaging the reputation of defaulting debtors by calling them criminal .They are adding to the problem of Nigerians who needs money at all cost. When collecting high interest rate it will definitely affect people. CBN should ban them and others who are not a register financial institution

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