I don try over 15 loan apps. They no wan gimme loan?

budaatum:


Can someone please work the interest for us.

305.355 everyday

That is how you will play around what will wreck you...!

These loan apps are wicked too.

[quote author=Flamethehussler post=117198548][/quote]

Holywater123:


Honestly, I have 3k with me but it is for an emergency tomorrow. I have sent them an email to know if they can deduct the money back.

Dem no dey do am like that.
Worst is for you to keep their money and pay back in one week with 50% of the Interest rate which is 2k+ ... That's if they gree You

Loan Sharks no dey Play, Dem go Message All Ya Ancestors say u owe dem Money even if e remain 1k

internationalman:
But why the huge interest for just 2 weeks. Even Bank interest for 2 years on 30k is not up to 4k

Nigerian companies are out to add more burdens to our lives instead of softening it.

Just jejely look for 4k and add to it and transfer to them.

The guy codedly put him self for 4K wahala

Nasri100:


Money In Minutes is a loan shark.

Responsible? A UK company that charges N20,000 for N26,000 in 2 weeks?

That’s broad day stealing. Nigeria is so f****

MIM is good!

New credit

TRADELYN:
But why covering the name of the Loan App is what I don't understand.

Gentlechika:
No qualms dude, you will have to mistakenly pay the amount in full in two weeks time.

Gbam! You nailed it.

DanieleLorenzo:
I don try over 15 loan apps. They no wan gimme loan?

ur head carry "gbamuu"!

budaatum:


Can someone please work the interest for us.

This is actually 782% pa interest. Interests are charged per annum and if he's paying 30% in 2 weeks (14 days) that's 30/14*365=7.82 and converting to percentage is 782%

Prosperous111:
Lol I can’t stop laughing

You mean you mistakenly download the apps?

You mistakenly input your details why registering?

You mistakenly input your bank details and get an OTP for confirmation?

And finally you mistakenly withdraw the given amounts to your bank accounts why smoking agege weeds abi high on heroine? Lol

You’re not even sincere to yourself haha make una Dey try fear God sometimes nah.

You did that willingly and not by mistake mr Man

lol no mind "Mr mistake"

Stephenmoka4:
At that rate, rip off.
People don't take a loan by mistake, wondered how that happened...

Lol exactly, you have to enter you account details somewhere

nedekid:

He should have taken from friends and family, or from his bank. Oh, they wount give him right?
So he paid the high interest because he could get it from no where else except those willing to take the risk of giving him. That was what he dearly paid for, the "risk" the loan company took on him.
Bright side is that he solved his pressing urgent need.

Huum. Bros I'm having this feeling you work with one of the loan companies.

Holywater123:


Believe me, I downloaded the app on the 30th of last month while surfing through Play store, I even forgot about it until I decided to do night sub.

All I did was to input my name, BVN, account and purpose of loan. It's so simple. I thought they won't approve it. This is my first time of borrowing a loan honestly.

That's an initiation into a life of perpetual financial problems. If you love yourself beg them very well, if they refuse just look for the interest and pay their money back. Don't use that money, that money is more spiritual than you think. I know you won't take me serious but if you spend that money let me know cuz I'll like to check up on you 6 months from now.

7arrows:


Huum. Bros I'm having this feeling you work with one of the loan companies.

Nope I don't, can't even own that kind of business, atleast not in naija, because by nature, our people don't pay debt much more loans.
You know what, let the loan apps make the money interest free, as in take and return exactly what you took. You will still find out this same people wount pay but rather give all sorts of excuses to demonise the companies.
What is right is right, one saw their terms and had the option to decline. Why then not do the right thing when due as a honorable person? What if they had collected collateral like abokis do, of which you will sign change of ownership documents on eg your car before they give you the loan, if after agreed time, no payment, aboki don de drive your moto.

They are called emergency financial support apps, not games to play around.

at least be grateful, that now you know they are serving their purpose which they were created for

Just play around it again you might be lucky to secure another loan.

Plain truth: it cannot be reversed. Just use the money and pay at when due.

Atleast they didn't embarrass you by calling your contacts.. All they did was give u unsolicited extension to give u enougt time to pay up.

luluosas:
Honestly, I totally forgot that my 124k loan to pay back 149k was to due on September 11, I was calculating September 12th as the due date. So, around 10 am on September 12th, I was slammed with late payment interest and my repayment date was moved to October 11th, with an outstanding amount of 176k plus. I was totally embarrassed because it wasn't my intention not to pay but just that I miscalculated. So, I was very bitter against them.
However, I have settled the payment now about 5 days later. It was very painful to me.

nedekid:

He should have taken from friends and family, or from his bank. Oh, they wount give him right?
So he paid the high interest because he could get it from no where else except those willing to take the risk of giving him. That was what he dearly paid for, the "risk" the loan company took on him.
Bright side is that he solved his pressing urgent need.

Wow! You are fantastically stup*d. So, why do you raise and bleat when the borrower refused to pay? Only a deluded soul will support this loan sharks. All of the will soon run away by the time Nigerians finish with them. Keep supporting evil. Your days are tickling

[quote author=TRADELYN post=117188584]But why covering the name of the Loan App is what I don't understand.

Na lcredit�

Holywater123:
I was just playing around the app when I mistakenly clicked on the withdraw button. The process was so simple that I thought It wouldn't work. Until I saw “loan processing."

I just sent them a mail though. I am waiting for the day to break so I can put a call across.

This is ridiculous honestly. 15k to pay 19.5k in just 14days. I can't take it.

Uninstall the stupid app. Change your card pin and then SPEND THE MONEY.

Relax and look for another fool that want to rip you up.

When they have app installed on your phone, they can have access to your phone book

Nothing like mistake

Nothing like mistake you are paying ful payment

It's not possible,, did you mistakenly give them ur account number and bvn, so mistakenly give them there money with interest.

Hi

Which 1 is MISTAKENLY? Oga BORROW IS BORROW abg. Just try remit the funds later

Angelou:


Na the hooge interest shock mah guy..
He no do the calculation well

abbey621:


How you go pay back when you don't have anything of value in the first place, suppose you get car, house etc and you used that as collateral, dem no go beg you before you paid it back, na your assets go smell am, these loan companies must be crazy for thinking Nigerians can be a profitable business, people wey don mad since 1960

you can say all you want
Cause I do wen I used to be broke even now I’m ok I can still do it to teach them a lesson

That wickedness

teepain:


This one is loud! Like seriously, I don't believe anybody would feel that entitled! Is this some kind of cruise or what?

Things we see out here. Unbelievable.

Starz825:


He shouldn't have used the word *mistake*.....I understand what he is trying to say..he was simply playing around the app....(even though he obviously needs cash but was blown away by the interest rate)

People like am na him dey release cum inside girl. thinking she can't get pregnant...sheybi it's just fun and we are not married yet....
Only for the girl to show up pregnant...Dem go japaa run commot for village come Lagos

Omo Ase

DollarBuddy:




Lol.. fes of all, OP, how old are you?

You Berra spend that money and pay back the 19k in 2wks or keep the money and add the 4k to pay back the 19k in 2 wks.

Failure to pay back in 2 wks, the kind of embarrassment wey you go collect from those guys hand ehn? All your phone contacts, even that fine babe wey you dey try toast for Whatsapp go finally know say you are a criminal or an HIV positive fellow.

All your phone contacts will hear of this, if you fail to do what is expected.

Loans sharks are so damn heartless, bro.

The bottom line is, just have it at the back of your mind that you are paying back the 19k in 2wks or else....hmmm!

You guys are killing me on this forum!!

Ddworld:


Wow! You are fantastically stup*d. So, why do you raise and bleat when the borrower refused to pay? Only a deluded soul will support this loan sharks. All of the will soon run away by the time Nigerians finish with them. Keep supporting evil. Your days are tickling

You call me "fantastically stupid"?
You are uncouth and possibly not well brought up. I rather not have further banter with you.
Kindly run along.