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Nairaland Forum / Nairaland / General / Business / Loan Apps: I Have Used My Hands To Bury Myself (57055 Views)
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Re: Loan Apps: I Have Used My Hands To Bury Myself by N2B2: 10:27am On Jan 12, 2022 |
Degunners: The bold line is your problem: you're already looking for another loan, which you know you cannot repay. Even if a benefactor came to your aid, you'd still go back to taking loans. You may start with a small amount you can pay back, and then another small amount, and another... Boom, you're back to square one. Your OP is a tirade laced with self-pity. You're not angry at yourself that you aren't reaching proper life goals; you're just sad that your borrowing habit has caught up with you. Worse, you're used to embarrassment [the terrible type only loan companies can bring]. It doesn't seem to bother you. All the therapy in this world won't help you if you aren't determined to ditch your borrowing habit. It's sad because you went as far as using your wife's account to take loans (as you said in another post here). Things will change the day you decide you've had it. 4 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by Soffyh(m): 10:27am On Jan 12, 2022 |
Dreytonisback:werey man 2 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by kokomilala(m): 10:27am On Jan 12, 2022 |
It's your bad house-keeping. You need to separate your needs from your wants,and discipline yourself against profligate waste. At times, the difference between the rich and poor people, aside improvements in opportunities, is good financial house-keeping. Luxury items and ostentatious lifestyles should be sacrificed for essential needs . In your case, there's no point beating you further ,since you've honestly done a self-flagellation. You just need to find a way to clear these debts. 2 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by Trumptech(m): 10:27am On Jan 12, 2022 |
Guy you never borrow from carbon and branch the thing never complete. Dont worry everything has a peak, when you get to the peak of your action and the embarrassment too get to the peak you will stop. My one cent. 6 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by einsteine(m): 10:27am On Jan 12, 2022 |
The only way out is to default. Except for the Kuda which I believe is an overdraft and the palmpay, the rest apps come from unregistered money lenders who will have zero recourse to get the loan other than the usual blackmail of embarrassing you. So default on the debts. For those thinking this is unethical, if he has been paying them interest for even two months, then he has more than paid the principal of the loan and they are basically lending him back his own money over and over again. So default. Another option is to find a source willing to give you a consolidation loan at a much longer tenure and at better interest rates. Abroad, there are such companies but in Nigeria, your best option is to get one of these loans from gtb, sterling or access. If you get 600k, you will pay about 78,000 monthly for a year and clear it up. You can also propose such a loan to an individual. But why go through debt consolidation? Default on your loan and stop subsidizing other people that have defaulted on theirs. You have basically paid interest as high as 150k on a 50k loan and will keep paying if you don't do the sensible thing and default NOW. 3 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by kay4kay: 10:28am On Jan 12, 2022 |
Degunners: |
Re: Loan Apps: I Have Used My Hands To Bury Myself by LordVarys1: 10:28am On Jan 12, 2022 |
When there were no loan apps, people still manage to survive, but now because of the ease in getting these monies. Everyone just take their phones and use their own hands to enslave themselves. What I did was to approach a bank and get a loan. Cleared everything and I'm at peace now. I am servicing just a loan with a good repayment plan that do not trouble my sleep. Best place to get a loan is your regular commercial bank. Be wise guys 7 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by superior1: 10:28am On Jan 12, 2022 |
@Degunners You are already critical of yourself so no need from me. Seek help fast, spiritual help first because what we don’t see controls what we do, get a deliverance minister (genuine ones o) and attack the spirit of poverty, debt accumulation is the younger brother of that spirit. Then get a financial consultant, he should help you look at your income, remove your operating cost and help you spread repayment t. Also use your wife, give daily expenses to her at the beginning of the month, be collecting only your daily expenses from her in the morning and never ask to keep account. Let her manage the account for you, that’s why two heads are better than one. May the Lord see you through this challenges in Jesus Name. 1 Like |
Re: Loan Apps: I Have Used My Hands To Bury Myself by skana28(m): 10:29am On Jan 12, 2022 |
Bro, A big step to stopping this act is to open up to your wife. She will get angry and feel betrayed because you have been lying to her. Its normal. But she will eventually help you come out of these. You will be amazed that she can support you with words and precautions to prevent you from going back. 1 Like |
Re: Loan Apps: I Have Used My Hands To Bury Myself by MorataFC: 10:29am On Jan 12, 2022 |
I don't get it, but I think once you registered with one loan app with your BVN another one can't accept you again |
Re: Loan Apps: I Have Used My Hands To Bury Myself by God1000(m): 10:30am On Jan 12, 2022 |
Degunners:I'm someone like you too, but trust me I've made up my mind not to help anybody to my own detriment including family members |
Re: Loan Apps: I Have Used My Hands To Bury Myself by ENIGMATIC2023(m): 10:31am On Jan 12, 2022 |
This is too much. But I blame those loan apps who keeps giving you without checking your credit worthiness. Try and pay up before it leads you to depression. 1 Like |
Re: Loan Apps: I Have Used My Hands To Bury Myself by NGArmyTerrorist: 10:34am On Jan 12, 2022 |
Thanks for coming out to say the truth and for other ones hiding, may God forgive you for killing other people's investments. 2 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by einsteine(m): 10:34am On Jan 12, 2022 |
instinct57vm: He's paying interest so basically taking a loan to pay another one and it compounds. The combination of short tenor and high (25-45%) weekly interest means someone who took a 60k loan today could potentially be owing 500k in six months because he would keep looking for new apps to pay off the old apps. Unless you pay off and delete the first one but who in his right mind would take a loan of 60k to pay 90k in 14 days if they have somewhere they are getting money from? OP's solution is to simply default. 90% of the apps on his list are not registered financial institutions. There's nothing they can do other than embarrassment which is better than loan slavery. 1 Like |
Re: Loan Apps: I Have Used My Hands To Bury Myself by CJ310(m): 10:35am On Jan 12, 2022 |
Stop going out to flex. I repeat, stop going out to flex. Stay at home and stay out of trouble 2 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by emmykk(m): 10:35am On Jan 12, 2022 |
Degunners: I thought the loan app have a way of not giving loan when they realized you are oweing other loan 1 Like |
Re: Loan Apps: I Have Used My Hands To Bury Myself by Cleanworld(f): 10:35am On Jan 12, 2022 |
Degunners: I'm sure you must have learn your lesson now. the only thing to do now is a way out of this mess firstly, don't ever sold your items without gining your wife a tangible reason for doing so if not she might start to take you for somethign else. so call her and let her know that you have a serious issue concerning money at the office and you must pay this missing money back by selling all this things. Assure her that you will replace them back with even more better and bigger ones. if truelly your wife loves you she might run around to get half of that money for you. if you have truely made up your might God will surely make a way. You saw a loan app as free money but you don't know that its nothing but a trap for those who don't know how to pay gbese. goodluck 1 Like
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Re: Loan Apps: I Have Used My Hands To Bury Myself by Psoul(m): 10:36am On Jan 12, 2022 |
Born2Breed: Didn't you understand him? He said, even if he managed to clear this mess, he didn't see himself changing from the foolish lifestyle. He said it has happened before and it will continue to happen. So I don't know what he want us to do. I believe that once someone was able to detect the source of his problems, the problems are half solved. This one knows that his fake life style is the source of his problems, still he is telling us that there is no hope of solving his problems. So, let him dwell with and in it. 2 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by Nobody: 10:36am On Jan 12, 2022 |
Best Advice Ever... Find a way to start making money. Emancipate yourself from the grip of perpetual insufficiency. It's possible. It's doable. Just adding to what Born2Breed said... Identify a good hustle and start earning... No matter how little. Just make sure you win In your own little way each day... This is my life philosophy. Always try to Win. Stage it. I don't care. Most times our brain don't know the difference... But I guarantee you the feeling is always good that way your brain will start gravitating toward things that you can win at... Born2Breed: 3 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by einsteine(m): 10:37am On Jan 12, 2022 |
ENIGMATIC2023: These loan apps are loan sharks. Their strategy does not involve credit worthiness. It is preying on people's desire to avoid social and public embarrassment. They need just 20-30% of the people to keep repaying loans in order to be profitable. Even with 40-50% default rate, these Chinese loan apps are making money hand over fist. 2 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by NGArmyTerrorist: 10:37am On Jan 12, 2022 |
Not only you, those people complaining of sms harassment are part of it including a friend of mine who is a pastor in the zoo who used my Local number to do nonsense and they keep sending me whatsapp messages concerning him. Can you imagine, a pastor. And if tried calling him, he will be evading my calls thinking that I am calling him for this loan app stuffs. 1 Like 1 Share |
Re: Loan Apps: I Have Used My Hands To Bury Myself by specialmati(m): 10:38am On Jan 12, 2022 |
Degunners:enroll to agboro work if you they lagos under 3months you go make the money,but you have to be closing late at night 2 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by einsteine(m): 10:38am On Jan 12, 2022 |
emmykk: That's only for registered financial institutions like Carbon. Most on his list are run by Chinese fly by night operators laundering criminal Triad money from China. 2 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by Maxwell4404(m): 10:39am On Jan 12, 2022 |
Oga make I be your manger since you get good Income and you still dey borrow mlmey from loan, I fit manage your bank account and as well mange your life, is like your family were once rich and later became poor but you still have that rich feelings, You never serious for life... YOU'RE A MUMU MAN Degunners: |
Re: Loan Apps: I Have Used My Hands To Bury Myself by gulfer: 10:39am On Jan 12, 2022 |
All those AMCON debtors are walking free so what is N525K but bros, are you into gambling because this looks like the pattern gamblers follow...start small, lose, borrow more to stake and recover, lose...and the cycle goes on and on 2 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by Milly44(f): 10:40am On Jan 12, 2022 |
Borrow from fair money so that you can complete it to 500k 1 Like |
Re: Loan Apps: I Have Used My Hands To Bury Myself by iwaeda: 10:40am On Jan 12, 2022 |
Degunners:What did you do with the money? How are you paying back? Stop competition. It is well with you soul, be prudent. Stop eating outside. |
Re: Loan Apps: I Have Used My Hands To Bury Myself by GrandMasters: 10:41am On Jan 12, 2022 |
The only way out is this Default....don't pay them back Be ready to be blackmailed and calls from your family, enemy and friends...it will last for like 3-4 months....after that.....your bvn is gone.....you will never be credit worthy again to any financial institution or any family and friends( cause nobody will trust you again with money) Then you are free like a bird And start a new life( in short time you will receive your lost dignity back from family and friends if you turn a new leaf)...time heals). Thank me later 3 Likes
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Re: Loan Apps: I Have Used My Hands To Bury Myself by OkikiOluwa1(m): 10:41am On Jan 12, 2022 |
Degunners:And Nobody should give you money to repay these loans. My offense with you is how you flexed your money with people. Can't you go to them & let them flex your repayment. You wrote this thread to gather sympathy & easy bailout from one Samaritan. You must pay for your stupidit y. So I m not gonna pity you. Go and work hard to repay all loans first. Then come back here with evidence of payment & testimony so that people can help you reset your life with any assistance they can give. If we all collect loans anyhow or spend lavishly, you won't v anyone to run too in times of loss. If those loan companies are like you, they won't v enough to borrow you. I dey vex. Bring one nairaland jihadist/terrorist make I break hin head with bottle 2 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by emmykk(m): 10:42am On Jan 12, 2022 |
MorataFC: He is living in lies..this is modern online begging. I know it,he is thinking some good Samaritan will get his attention.And from the tune of the write up you will know. All loan apps have a central base to know who is committed to another loan app already or so they will not give you loan. He is living seriously. 2 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by egoldman(m): 10:43am On Jan 12, 2022 |
KillIgbohoN0W: If the above figure is correct, then find a bank or another loan company to borrow you 527k on a longer duration like a year or 6 months , pay off all your debts, this way you have narrowed your debts to one company. This will also reduce the calls from debtors and give you time to work out how to pay the 527k. As they said here stop trying to impress anyone with ur flexing. 2 Likes |
Re: Loan Apps: I Have Used My Hands To Bury Myself by Praktikals(m): 10:44am On Jan 12, 2022 |
Degunners:You must be my brother from another mother. Lol. I cant take more than a bottle of stout and a plate of p.soup but I always spend at least 6k buying for others (including the seller). I dont borrow to pay but I can use house rent, children school fees, etc to massage my false ego. Baba, pls carry your wife along and sell those things so you can be free again. May God help us as we try to change into a more responsible person 3 Likes |
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