I wanted to pay my son school fees but
my company did not pay salary on time, so I opted for Lcredit. Loan. After I applied for M30000 because I taught their interest rate is low according to their. Adverts.

This people charged me N4725 as administration fee. I don't know.what that is for.
Then interest for two weeks was N3150
So the total amount I was to pay. back was. N37500 within 2 weeks.

After two weeks I could not pay. Because my department was undergoing Auditing and until they finished before we could be paid according to the ceo.
LCredit started adding 2.5% daily default charges to my loan. After10 days of default the loan was getting to 50k. They called me to add at least N10k to show that I am not running of which I. did. After 17days they start calling almost everyone on my phone contact including messages threatening to report me to credit bubur, I added another N15k so that the 2.5% daily will not be too much. Finally I was paid my 2 months salary arrears ao I paid another N26,230 to clear the loan.

What pain me most was that I didn't bother to read the lengthly terms and conditions to realised the. 2.5% daily additions and this is mistake many Nigerians make.
It is a trap set by loan sharks. Becareful.

They gave. me N29,625 but I paid back N51,230 within 1 month and
10 days
Including. calling everyone on my contacts and threats

Na you go pay na
As for me the moment they call one of my contacts I seize to owe them.
I no kuku dey shame again. Na dem go later dey beg me to pay back only principal amount

once you text my contact...you don forfeit the repayment

This one strong oo

Na them sabi... once you call/text my supposed contacts, sorry oo.

Stephenmoka4:
Na them sabi... once you call/text my supposed contacts, sorry oo.

Ok