₦airaland Forum

AMI3:
Being over due is not an excuse any loan that over due comes with interest.

Why do the add interest when it is over due.
Let me tell what u don't understand;

Loan apps charges everyday 1% if u fail to pay after the expiration of the due date against 1% every month .

Secondly did she agreed and signed that if she fail to pay that that they will publish her burial poster?

Let me explain it to you.

When a loan becomes due and the borrower pays it bank, the loan company does not just keep the money in it's bank account they lend it to another borrower who needs it and
they earn interest on it.

Therefore if your loan is due and you fail to pay it back what it means is that you are denying the loan company an opportunity to earn interest on that money that is the reason they charge you a penalty so as to compensate for the interest income they are loosing while their money is tied up with you

KingOfAmebo:
Sense is 7 thousand kilometers far away from you...

It is you that actually does not have sense

IAM4BAT4plus4:
Loan shark operator spotted!





She will sue your ass company and cash out big...



Wicked souls..


Imagine giving out 5,700 to get 10700 in just 7 days...

Make una dey fear God na

Don't you know the way to Zenith bank, next time go take a loan from them and leave online loan companies alone

alklas:
Iye o
Av been seeing that on fb
I thought is real

What you saw on Facebook is the real story and not this lie

AMI3:
But to owe is not a crime as long as she is willing to pay .
Probably she has intention of paying

If she had intention of paying why then did she allow the loan to be overdue for so long?

mascot87:
Is the Loan company registered? Is it recognised by FCCPC? if not, they are illegal and any legal charge against them will be valid. There is a reason why those loan sharks operate from a hidden location.

Why did you not advise her to ask these questions before taking the loan?

blesdman:
I don't know. Banks hardly give loans to people, except their proxies

That's because Nigerians have a habit of not repaying loans

shortgun:
Access bank will direct you to an account officer who never pick your call again immediately you mention loan. It doesn't matter how viable the business is, they will never reply your mails, chats or ever return your calls.
But when the funds finally came I use them do yeye taya

That is the reason why they don't give you loan, running a background check shows that you are a credit risk