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Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by Musty4ahmed1: 8:49am On Nov 27, 2023 |
fkelly: |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by Musty4ahmed1: 8:49am On Nov 27, 2023 |
fkelly:. Pls which business can generate that revenue in Nigeria? That is Palmcredit they are criminals I wonder why the regulatory agencies have not lock their offices up and shot them out of the country. How on earth can a sane person pay for such exploitative interest rate? |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by Blaze14k: 8:50am On Nov 27, 2023 |
ihatebuhari: These guys don't care what u say.. they are just doing there job its obvious |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by lastkingsman: 8:50am On Nov 27, 2023 |
Gerrard59: It was growing on paper according to Mr omojuwa |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by SeriouslySense(m): 8:52am On Nov 27, 2023 |
thank you sir, for comparisons ogbonti:
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Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by Brushstrokes20: 8:54am On Nov 27, 2023 |
# eBOLA on rampage👀 The shyyythole from FRY PAN TO FIRE 🔥 1 Like |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by Fenomenal124(m): 8:54am On Nov 27, 2023 |
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Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by RedAlert08(m): 8:57am On Nov 27, 2023 |
SharingIsLife: You have energy to argue with a zombie. 1 Like |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by Askme2020(m): 9:00am On Nov 27, 2023 |
fkelly:Please which loan app is this? |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by yongg: 9:03am On Nov 27, 2023 |
Bigkoko: You are comparing UK that is looking for oil and gas supplies from other endowed countries like Ukraine and Russia in the European region to generate electricity? What UK is experiencing is due to shortages and complexities that the war with those countries is causing. Your Nigeria on the other hand is stupendously rich in countless things INCLUDING the oil, of which shortages the UK is suffering from so much so that even other Nationalities, non Nigeria citizens enjoy your country beyond measure... Your country is on a mission to enslave its citizens to any outside person with small money Incase you are unaware, the trend has been consistent for the past 35 years pure downward spiral, year in year out. (Bad for citizens, attractive to western and European investor due to better currency value) Now we are a level where are going to be subject to loans to live (which is worse than the loan culture obtainable in the west btw), just to live O. Said loans are not even enough to start with. All high interest loans that are unaffordable on the long run for even business use. Working modest Nigerians cannot even afford to live off the naira they earn because it has been devalued like /4 (at least) within the last 4 years. In case you don't understand, forget that they are using 21st tech apps to get loans, what this means in plain grammar is that...ALMOST ALL MIDDLE CLASS is borrowing to eat NOW. If that is middle class, then the poor are in limbo. I mean, do you think the poor will have phones or qualify for said loans? Meaning, one needs to be RICH to live NORMAL in TODAY'S NIGERIA, there.... (Data and reality keep hitting you guys in your face and you guys turn a blind eye always year in year out) This is why relocation is attractive because one DOESN'T NEED TO BE RICH to live NORMAL lives there, because an average job will do. Normal countries are providing welfare packages to make sure their citizens are well fed, Nigeria is making sure that even when you have a decent job you have to BORROW to feed, not even for business o. Where do you see consistent borrowing to feed (at cut throat interest rate) instead of business a something normal? Infact, Nigeria by omission of treating bandits have made terrorism and terrorists a part of their government. They have allowed these bandit displace land owners and farmers, demand and collect Ransome, taxes, levies. In case you don't understand, Nigeria is telling you those terrorist are more Nigerian than any honest, law abiding Nigerian out there, that the FG government is tired of collecting taxes and using it judiciously hence you are allowed to pay taxes to Terrorist Governance. That the terrorist are upper-class citizens and you who is law abiding, honest and working Nigerian is low class and not worthy of the rights of a full Nigerian, a true son of the soil. That there is not an issue when the prices of the food you need for living increases because of those artificial taxes to the terrorist, why? Because everyone will contribute to cover the cost. That's what your country is telling you through the data you are turning a blind eye to. When the student is ready the teacher will appear... 1 Like |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by Musty4ahmed1: 9:04am On Nov 27, 2023 |
Askme2020:Palmcredit |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by Sermwell(m): 9:11am On Nov 27, 2023 |
CoronaVirusPro:Someone who said..."na statistics we go chop"?...is aware of the statistics? I love how these politicians fool you guys 2 Likes |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by jaxxy(m): 9:18am On Nov 27, 2023 |
CoronaVirusPro: shame no dey catch u? Suffer no dey taya u? 1 Like |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by phorget(m): 9:22am On Nov 27, 2023 |
Bigkoko: You are shamelessly just full of excuses. |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by fkelly(m): 9:22am On Nov 27, 2023 |
Palmcredit, very useless people, and tomorrow they will expect people not to owe them. Askme2020: |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by fkelly(m): 9:24am On Nov 27, 2023 |
Musty4ahmed1: Very bad of them. Just imagine the interest rate. |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by Askme2020(m): 9:25am On Nov 27, 2023 |
fkelly:Nawa oo |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by fkelly(m): 9:26am On Nov 27, 2023 |
Luxurydriverng: They know we are in a mess in this country, that's why the chose to extort Nigerians through this shark loans. If the loan is friendly why won't people pay back. |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by youngrichnigga: 9:27am On Nov 27, 2023 |
The funny thing is that most of these loan sharks are partly owned and funded by the same politicians who have over the years pauperized the average Nigerians with bad policy implementation as well as institutionalized corruption. God will certainly give us a leader to deliver Nigerians sooner than later |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by SeeThisLoser: 9:29am On Nov 27, 2023 |
CoronaVirusPro: What a clown. |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by Emetex22(m): 9:37am On Nov 27, 2023 |
CoronaVirusPro:Your principal said "Na statistics we go chop", keep deluding yourself, its only madness when you expect different result from the doing the same, electing idiots to power! 1 Like 1 Share |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by Azbabanla1: 9:46am On Nov 27, 2023 |
CoronaVirusPro:I bet you know know what you are going to eat this morning for supporting clueless government 😡😡😡 |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by oneman2k7: 9:48am On Nov 27, 2023 |
Easy buy they beg me to borrow loan, do they love me, NO. |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by nairalanda1(m): 9:50am On Nov 27, 2023 |
Musty4ahmed1: The security officials won't lock them up because once you agree to take the loan, you have in essence signed a contract....and judges HATE reversing contracts. Plus, Palmcredit would argue in court that they were open enough to show you the conditions of their loan beforehand. It's not like they lied to you or pretended that the conditions were something else. Best way is to get the government to pass a law making it difficult for loan apps to charge high interest. However, that would knock most of them out of business. The reason why their interest is high is because unlike banks, they don't have the means of getting collateral from you. |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by yongg: 9:55am On Nov 27, 2023 |
magoo10: When I tell people this, they think I'm insane untill they see the numbers. Firstly, one should take loans only when they are sure to pay back or need it for endeavours that ensure the loans can be paid back, even better when the return that pays back the loan is multiple times over. With that one alone no money lender will be posting crazy interest rates like these money lenders are doing... One will stand a better change to negotiate a better repayment interest rate when considering. With this current combo, the loan cycle will be endless because in addition to hardship, earnings coming in isn't enough to even live off of talk less of repaying a loan of this nature. 3 Likes 1 Share |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by nairalanda1(m): 9:57am On Nov 27, 2023 |
fkelly: Good old Palmcredit, and their clone X cash.... 1 Like 1 Share |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by RepoMan007: 9:58am On Nov 27, 2023 |
Nigeria & Nigerians resort to emergency loans. Lol. |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by yongg: 10:01am On Nov 27, 2023 |
Musty4ahmed1: They can post 10,000% if they want. But that you with open eyes and without coercion (mind you persuasion, or convincing from marketing doesn't count except the marketing was dubious) agreed to it made the business happen and hands have been shaken on written business contract that you agreed to (when you clicked on "agree" even after seeing the interest rate they posted. That fault is not theirs. You can not agree on a contract and after you have enjoyed the part that served you, then RENEGADE or ABANDON it when it was time for you to fulfill your end. There is no place where that is allowed, even you will not allow it because it is injustice to one party. If you're finding it hard to repay, that one is understandable, the next solution-driven step is to make effort and a plan to repay it and execute the said plan. If you want to kick them out of business, honor your end of the contract to clear your name from the credits bureaus and make it a point of importance not to ever entertain a loan from them untill the interest is something you can afford. Loans and desperation (like one caused by your country economics) is not a good combination. You should have planned, drawn out projections not only to cover the loan but to survive repaying the loan and after completing the loan repayment. 2 Likes |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by wrongnumber: 10:06am On Nov 27, 2023 |
CoronaVirusPro: STOP writing trash. The UK economy as challenging as it is can never be compared to the Nigerian economy. UK government is living up to the task. 1 Like |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by yongg: 10:15am On Nov 27, 2023 |
youngrichnigga: There are quite a handful of Chinese ones too. |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by nkemjacob2(m): 10:24am On Nov 27, 2023 |
I dey fine emergency loan right now |
Re: Nigerians Resort To Emergency Loans As Hardship Worsens - Financial Times UK by nkemjacob2(m): 10:26am On Nov 27, 2023 |
Agbadorians don't need to worry tinubu will do the supply |
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