ParkleElegant:
My friend was clever about this, He bought a different sim card, fixed in a lot of contact he didn't know, saved the numbers like they were his friends, boss and workers nuumbers.....

Used one of his cousin account number, who was late, they so much looked alike, and borrowed up to 200k with 50k interest after telling them that he worked as a constructor....

When the threat came, he removed the sim, that was the end of loan App calls....

People smart pass them.

OssyMalik:
Every week I get distressing messages from people who are owing money to online loan apps and how they blackmail their debtors by sending defamatory messages to everyone on their contact list.

I want to appreciate the efforts of The National Information Technology Development Agency (NITDA) for their efforts in fighting this oppression.

If you owe money to an online loan app and they are sending defamatory messages to all your contact list please send a letter to:
The Director General
NITDA
Area 11, 28 Port Harcourt Crescent, Off Gimbiya St, Garki, Abuja, Nigeria

The agency is presently clamping down on online loan apps who defame and blackmail their creditors.

I also want anyone dealing with this kind of challenge to share in the comment section what online app they borrowed money from and their experience so that others can learn and perhaps someone on my timeline will see it as well and help out.

Please share so that others can be blessed as you are blessed.

#copiedfrom Wale Jana

Wannabenz:
The interest was shown to you before you took the loan, uncle pay the interest and go and make money.

NGArmyTerrorist:
If I call you a thief, people will shout! What made you not to borrow that money from your neighbors and those around you. You borrowed from another man's company, loan is due, you didn't show up until they started calling for your attention; you want to pull down another man's sweat because the loan is so easy to get ;you and others like you are not a good human.. Now, just like the first which you don't even intend to pay, you just confirmed that you won't pay for the interest! Evil that men do will follow them along! You're a terrible person! The loan app knows a typical Nigerian terrorists, and that's why they're using those formats. One Pastor from all these modern church also got his own share by not paying his own loan. His members also got the message on behalf of the pastor. Don't borrow if you can't pay or you can go and borrow from your bank.

Acidosis:



High risk loans attract high interest rates in any part of the world. You think they're foolish for giving you a loan despite having very little information about you?? If you want zero interest, go and borrow from your friends. If you want decent or low interest, go to a bank and present your collateral e.g.CofO. If you don't have any of these, then be ready to pay.

JoeOdion:


There's nothing to share here. The loan companies are not running a charity and need to resort to ways to get debtors to pay up although they use very crude methods however. But someone taking a loan and defaulting with boldness and with chest out is repulsive and deserves the worst form of loan retrieval.

KoshCAD:
When you wanted to borrow,whom do you tell. Did you not see the interest on it before agreeing. Now time for you to pay,you don't want to pay and you are claiming victim. Oga go and pay the fucking money.

shakir0802:
Delete the app on ur phone that's the only way they get the contact on ur phone, it happened to me I borrowed money from them unfortunately I haven't pay a penny so I told them to give me a week before the date complete they called most of my contacts number and told them and those people began to called me back why would I put my number on loan app, unfortunately the person I wanted to collect contract from the made me told them to give me a week they called the man that's how the man terminate the contract, job of 1 millions plus, infact I cry that day I beg the man but he refused later Google play store notify me that the loan app had tap my phone system and immediately I delete the app they stop calling my contacts again

They'll not send another message to my contacts about clearing my debt

phemmie06:
Wait you mean you're to pay 700 interest on 3000, within 7 days.
Don't worry, what happen to soko will happen to them.
Report them on Google play store

Mynd44:

Their friends wont lend them money because of the same behaviour you see here. They can't keep their words

I got a loan of 3k from them on October 21. I was supposed to repay back with #3700 on 28th of October but I couldn't due to insolvency. After 3 days of being overdue, Easy Money started sending blackmailing messages to my contacts, telling them that I am a criminal and a thief with all sort of unestablished claims.
Because of the embarrassing messages being sent to my contacts, a family member help me with some fund to clear the debt, I transferred #3000 to Easy Money
Their agent called me and threaten that he will not clear me and that he will keep sending those messages to my contacts after I told him I will not pay the interest on the loan
It was after that I start receiving another form of threat from this agent

sinola:
Bros, go and pay what you owe.... Agreement is agreement.
Besides, for you not to get a single friend or a relative that can lend you a paltry 3k it speaks volume of whom you are.
Think about it.

xxxtedyxxx:
Na thwur way bro.

Forget all these useless loan apps.

If you need cash urgently, borrow from your friends

All these loanshark apps arenot regulated. In sanee climes, stuffs like this won't happen.

This disgrace is what Comes with being a Nigerian.

Saner clime saner clime my ass. Which saner clime have you been to? Tell us how they treat their defaulters. Small thing saner clime. Oloriburuku
SORRY MAN

Soffyh:
U have faults and they have faults, ur faults is agreeing and not fulfilled,them faults is ,it’s not even up to 3weeks they have started blackmailing u,before they can start blackmail u on contacts, at least after a month, main reasons people goes to apps loan is to keep their secret of been broke, but u started blackmailing not less than a week u don’t need to blackmailing someone u got his bvn details

I got a loan of 3k from them on October 21. I was supposed to repay back with #3700 on 28th of October but I couldn't due to insolvency. After 3 days of being overdue, Easy Money started sending blackmailing messages to my contacts, telling them that I am a criminal and a thief with all sort of unestablished claims.
Because of the embarrassing messages being sent to my contacts, a family member help me with some fund to clear the debt, I transferred #3000 to Easy Money
Their agent called me and threaten that he will not clear me and that he will keep sending those messages to my contacts after I told him I will not pay the interest on the loan
It was after that I start receiving another form of threat from this agent

Dedemworld:
I was once a victim of such, when they threatened me, I threatened them back, they told me they would send msg to my contacts, I told them to go ahead, afterall my contact won't kill me, and beside many people already know their msg format they won't take it serious. So I stood my ground that once msg is been sent to my contacts, they should also send their account number to my contacts so that they my contact would pay them, cox they can't blackmail me finish and still want me to pay. Never! They would send msg till they tire. Cox if u later pay the money they won't repair ur reputation. Omo guy the loan agent calm down ooo, later they send me msg on whatsapp that they know I'm not afraid of my reputation to be spoilt but I should pay their money. I just laugh, say e b like say E fe ri werey.. Las Las I paid when I get the money... but I hate threatened msg with passion.

airsaylongcome:


The loan sharks are just animals. Earlier this year after much cajoling, I took a loan from Union Bank. Small amount to pay back in a month. Time to pay came and I defaulted. Not once did Union Bank go to CNN and BBC that I am a well known Fraud. Funds came into the account two weeks late and they deducted their principal and 6weeks interest. No biggie. All this small roadside "fintech" that get up to give loans will have collapsed if it was them. God knows I WILL NEVER TAKE A LOAN FROM THOSE SHARKS

Soffyh:
U have faults and they have faults, ur faults is agreeing and not fulfilled,them faults is ,it’s not even up to 3weeks they have started blackmailing u,before they can start blackmail u on contacts, at least after a month, main reasons people goes to apps loan is to keep their secret of been broke, but u started blackmailing not less than a week u don’t need to blackmailing someone u got his bvn details

Simran94:


This is why people refuse to help Nigerians. You borrow money, you refused to pay back in due time.

When you were about to borrow money from the app, I'm sure they stated you were to pay an interest on the loan which you agreed too, now you are telling them you won't pay the interest.

I was going to ask you to send your account details so I can send you the money to pay, but you already telling them you won't pay the interest speaks volume of the type of person you are, you might not end up paying. Let me not waste my money
Oga, go and pay them their balance.

gohzieh:
I haven’t been a victim. But I borrowed money on time from a loan company and I saw 1.5% interest rate and I was cool with that. Only for them to furnish an agreement after my account has been credited that the interest is 9% I felt like crying. How can I borrow 98k and end up paying 137k what did I do. I tried to going back to where I was 1.5% interest, it was not taking me there. I called the lady that referred me, she said I didn’t read it well or I saw it and ignored it. I told her after doing my calculations and I felt okay I can do this only to be told this. I promised never to take from them again. My experience was not bad and I won’t recommend any one to.

I got a loan of 3k from them on October 21. I was supposed to repay back with #3700 on 28th of October but I couldn't due to insolvency. After 3 days of being overdue, Easy Money started sending blackmailing messages to my contacts, telling them that I am a criminal and a thief with all sort of unestablished claims.
Because of the embarrassing messages being sent to my contacts, a family member help me with some fund to clear the debt, I transferred #3000 to Easy Money
Their agent called me and threaten that he will not clear me and that he will keep sending those messages to my contacts after I told him I will not pay the interest on the loan
It was after that I start receiving another form of threat from this agent

Glitcher:
most of you telling him to go pay his debt is just as insensitive as most Nigerians really are, leaving them with the potential for great wickedness as these loan apps. Just because someone needs money urgently does not mean they have a right to loan at 30% in 2 weeks when the law says maximum of 4% in 1 month. And the breach of privacy is another concern all you are shouting is oga pay your money like simpletons.

chii8:
3k to pay 3700