My father told me that when he was a shop-keeper in Jos in the 70s,they used to have the credit and the cash department.You could walk into many stores at any given time and buy things on credit and the shop-keepers would sell to you with the same enthusiasm as with cash buyers.
Nigerians don't take credit purchases on a friendly note.Most shops have signs that says "No credit today,come tomorrow!".Whereas credit is normal thing elsewhere.This issue is even particular to yoruba people who says that they have not had their first sale and it's rather too early in the morning.
Is it our economy system?
PS: I don't buy things on credit o.Just my observation.

Nigerians dey overdo, the last time I gave someone something on credit, on the 6th of June 2022, these are products worth of 5k. She has been avoiding me and up till this very moment, she has been giving me one story, that she's still gathering the money. Be honest would you continue?
Anyone that is coming to buy something on credit from me, automatically wants my downfall, buying something on credit is a BIG NO for me.











Kindly check my signature. Thank you ♥️

thesilentman:
My father told me that when he was a shop-keeper in Jos in the 70s,they used to have the credit and the cash department.You could walk into many stores at any given time and buy things on credit and the shop-keepers would sell to you with the same enthusiasm as with cash buyers.
Nigerians don't take credit purchases on a friendly note.Most shops have signs that says "No credit today,come tomorrow!".Whereas credit is normal thing elsewhere.This issue is even particular to yoruba people who says that they have not had their first sale and it's rather too early in the morning.
Is it our economy system?
PS: I don't buy things on credit o.Just my observation.

This shouldn't surprise you if you know Nigerians of today very well.

A trial will convince you, if you have your own shop.

ChybuzzDD:


This shouldn't surprise you if you know Nigerians of today very well.

A trial will convince you, if you have your own shop.

You are absolutely right! A lot of Nigerians are not credit-worthy at all.I believe that's one of the major reasons.

To buy credit is easy, to pay back is a big problem to so many people.

When u sell credit to people that u will normally see everyday, they will change their route, and u won't get to see them again till u go to their house or jam them on the road.

I can't give example, my eye don see shege.

Cassandraloius:
Nigerians dey overdo, the last time I gave someone something on credit, on the 6th of June 2022, these are products worth of 5k. She has been avoiding me and up till this very moment, she has been giving me one story, that she's still gathering the money. Be honest would you continue?
Anyone that is coming to buy something on credit from me, automatically wants my downfall, buying something on credit is a BIG NO for me.











Kindly check my signature. Thank you ♥️

That's just it.Some will even defend themselves by saying that even Nigeria is owing,lol.

They give credit but you have to come tomorrow to benefit from the credit.

Foodqueen:
To buy credit is easy, to pay back is a big problem to so many people.

When u sell credit to people that u will normally see everyday, they will change their route, and u won't get to see them again till u go to their house or jam them on the road.

I can't give example, my eye don see shege.

Eya...and some will even call you bad person and start snobbing you afterwards.Now i get it.

Nigerians can't be trusted to pay back credit they owe rather they will be going to another shop all because they don't want to pay back.

Few day ago,a guy came to my place of business and begged my boys to play some games for him on credit that he should stake the games 10k and 5k cause the matches will soon start and his atm is not with he want to go and it. That was the last time we saw him.he has been avoiding my boys and has being going to other place to stake.
I never reason him matter, make I still dey give am long rope because I go use police take treat him fuckup. Just 2day for cell dey ok for me.

ikeno:
Nigerians can't be trusted to pay back credit they owe rather they will be going to another shop all because they don't want to pay back.

Few day ago,a guy came to my place of business and begged my boys to play some games for him on credit that he should stake the games 10k and 5k cause the matches will soon start and his atm is not with he want to go and it. That was the last time we saw him.he has been avoiding my boys and has being going to other place to stake.
I never reason him matter, make I still dey give am long rope because I go use police take treat him fuckup. Just 2day for cell dey ok for me.

Y would u allow credit on betting. People that buy food they eat sef, find it difficult to pay back talk more of someone gambling.

Foodqueen:


Y would u allow credit on betting. People that buy food they eat sef, find it difficult to pay back talk more of someone gambling.

He's kind of a regular customer who stakes high.
My boy has that notion that he will pay as promised till now he has gone with the wind and I don't want to deduct it from his salary. But I just gave them a stern warning.

God forbid bad thing, you want to sell on credit to Nigerians who are bad debtors?

People that will borrow from loan app refuse to pay and defend it?

Only customers who have been tested and trusted should be sold to on credit pls, even this you should be very careful.

NoToPile:
God forbid bad thing, you want to sell on credit to Nigerians who are bad debtors?

People that will borrow from loan app refuse to pay and defend it?

Only customers who have been tested and trusted should be sold to on credit pls, even this you should be very careful.

sho... I didn't until know that this issue is as serious as this o.

Sell your goods on credit. You’ll find out.

Foodqueen:
To buy credit is easy, to pay back is a big problem to so many people.

When u sell credit to people that u will normally see everyday, they will change their route, and u won't get to see them again till u go to their house or jam them on the road.

I can't give example, my eye don see shege.

Nigerians are terrible people where money is concerned!

thesilentman:

sho... I didn't until know that this issue is as serious as this o.

It's more serious than that, Only a Nigerian will feel offended when you ask for money you are owed. You will hear is it not just 1000. You might even get insulted on your own money if you are not careful.

We have a very terrible entitlement mentality.

Lol... unless you want your business to fold up, it's not wise to include credit as a means of payment in your business.

Lol, are you seriously asking

AfroKnight:
Sell your goods on credit. You’ll find out.

Ah ah!

thesilentman:

That's just it.Some will even defend themselves by saying that even Nigeria is owing,lol.

Honestly bro, anything credit I don't welcome it.

No credit today…

Come tomorrow. And tomorrow, tomorrow shall never end.

I borrowed someone money recently. Small money I felt I could forfeit if he didn’t meet up. Besides, it was someone I am soposed to do a business transaction with by September later this year that involves a very large volume of cash.

So I decided to myself to even test him to see how trustworthy he is with cash. So I sent/borrowed him the small amount of cash.

Immediately money entered his account this guy stopped calling me. He did not even call back to confirm receiving the cash. After some days I called and that was when he confirmed receiving the cash.

When it past the time he gave to pay back I called- oga didn’t pick his call.

For over 3 months after due date dude did not pick call. Did not return call either- even if it was to ask that I extend the payment period. I just wanted to hear an explanation from him- no matter how stupid.

Dude was so nonchalant about the whole thing. Someone that when he was begging to be borrowed money will call every day.

His attitude got me pissed and the money I felt I could forfeit I decided not to let it go.

I had to call his boss and colleagues at his work place to report him. And dropped a message that wasn’t nice.

3 days later he called me to send my account number. I sent and he paid the money.

I got the alert and he called back- maybe to ask if I had seen the alert I didn’t even mind him again to pick his call. I felt disappointed.

To collect credit/borrow is easy… to pay back wahala.

I will never do anything with him again that involves money.

Sometimes when you sell on credit or borrow money as in my case, to get the money back is tough. It might even result in quarrels or insults.

When you demand for your own money the creditor might say something like ‘ is it because of so-and-so amount you are embarrassing me” “even Nigeria Dey owe debt “

Forgetting when they were in need!

Op you can be the good guy get a shop stock and start selling on credit for experiment let see probably others seller aren't human

It's the beginning of folding up

Same reason ATM frowns at you when you insist on inserting your card knowing fully well na only 1k dey your akant.

VERY FOOLISH QUESTION

It's like asking why are you usually unhappy whenever you're broke

Sell on credit to the kind of people that will beg you for a loan and when it's time to pay back, you become an enemy.

Sell on credit to people who would borrow money from loanshark and refuse to payback. See how Palm credits and others have been embarrassing people here and there.

PEOPLE ARE VERY WICKED, SELFISH AND SHAMELESS IN THIS COUNTRY.
I HAVE BEEN TAUGHT A VERY HARD LESSON NOT TO BORROW PEOPLE MONEY AGAIN.

Because you will not pay as at when due.

Who go de happy say him or her de sell things on credit? Don't yoy know that credit kills business?

Yes. Because most Nigerians are not credit worthy. Give them on credit today you will see them the next day buying that same item with cash from someone else who would hardly give them anything on credit, and at this point they will keep dodging from you.

We are not trustworthy

Is it people that are owing palmpay you want to give things on credit?

It always end in tears

Your business won't go far if you continue to give things on credit.
An average Nigerian won't pay that amount he's owing

Lol

Okay