helinues:
Debtors should also pay their debts.

Loan companies are meant for profit purpose

blazesam:
Stop Loan Companies in Nigeria from Harassing and Messaging Non-borrowers

Let vote for or against.. ijf they should be Harassing us...

Am against it

FreeStuffsNG:
God bless you sir. The brazen way they want to cheat others and walk away free is appalling. CBN should wade in and get all the details of the debtors from the fintechs and help these poor fintechs recover the debts using the global standing instructions.

Allsouls:
To borrow & refuse to pay is evil but for the companies to start calling someone who is not part of the transactions to help them get their money is evil too.

JavaScript90:
pained op. learn how to payback what you borrowed. if you payback nobody will talk about embarrassing you

blazesam:
Now let get this clear.

When you need a debt and someone want to help you curtail some of ur pressing needs, that person appears to be your helper and not a killer.

I was in the courtroom the other day when Sokoloan appeared before them base on NITDA submissions to the court on harassment and over charges.

I now discovered how this fintecs steal rather from customers at higher rate of interest and at short range. Government issued them certificate with description of public borrowing at an interest rate of not more than 12% that is, if a person is to take a loan of 5000 in a week, 14days he/she is to pay back a sum of 5600, meaning 600 is the interest.

Most fintecs like carbon, fairmoney are complying to this government rules and have zero worries with customers and honestly I have not heard or little complains about customer's complaining about this two mentioned companies above.


This fintecs charge upto 30% and not in two weeks but 7days. Think about it, someone who is in need of 5k borrowed from you and u want him or her to return 8k in 7 days, where do you think he will get it from even if you should kill him?

After tarnishing that person's image that he is fraudulent,if you are the one, will you have the heart to be nice even?

JavaScript90:
pained op. learn how to payback what you borrowed. if you payback nobody will talk about embarrassing you

Uwanah15:




Those loan apps are devilish end of discussion. I needed money to pay my fees and I downloaded one app the name is “borrownow". What they showed me was 24k but what was disbursed into my account was 14k to pay back 24k in 7 days. I sent an email to them that I don't want that kind of devilish loan, how will I pay 10k as interest on a 14k loan in seven days?

Thankfully, I was able to pay back 2 days before the due date because my mind was not even at rest at all. Only for me to get an alert of 20k on my phone a few minutes after I paid back and a message from them that my loan application was successful and my loan has been disbursed into my account.

I went to the app and I saw that I am owing them 33k, I started calling them, they did not answer, sent them emails, no reply. I just put the money aside and I did not touch it. A day before the loan got due, not even on the due date they started threatening me and I told them that I can send their money to them because I never asked for it and I did not touch it.

These people then sent messages to almost everyone on my contact list that I'm a criminal on the run with their money and I'm wanted, people should stay away from me and if I don't pay, those people they sent the messages to will be in trouble. I cried eh, even missed my exam in school because of the embarrassment. I had to go and pay back a stupid loan I did not ask for immediately.

Please just stay away from these online loans if you want peace of mind. If there is any way to bring them down, I'm in full support.