MrFollowFollow:


Whenever you people default on a loan and get called out by the loan app the next thing is to come to Nairaland and open a thread to badmouth the loan app.

Go and repay you loan!

One agent sighted

Palmcredit is a mobile loan app owned by Newedge Finance.



The loan app provides quick loans to Nigerians without the need for collateral, only their BVN and other personally identifiable information.



Newedge Finance is a company that has received CBN approval to provide financial services even though FCCPC has only granted conditional approval.



By developing numerous fraudulent apps, the company has succeeded in defrauding people. Palmcredit is the fraudulent app that the company is utilizing.



The lending app uses the same business practices as other shark loan apps that were recently banned in Nigeria.



Recall that Federal Government shut illegal loan financial institutions apps and also freezes their illegal bank accounts.



A number of illegal financial institutions operating on Opebi Road in Ikeja, Lagos, were raided by the Federal Competition Consumer Protection Commission, Independent Corrupt Practices and other Related Offences Commission, National Information Technology Development Agency, and Nigerian Police Force.



Financial institutions like GoCash, Okash, EasyCredit, Kashkash, Speedy Choice, and Easy Moni were among those impacted.





Hidden High Interest Rate:

There have been numerous reports about Palmcredit loan app charging borrowers high interest rate that is concealed.


According to Mrs Olubumi Olusegun who reported to Foundation for Investigative Journalism. The company imposed 54,500 loan on her without any prior request from her.

After checking, she discovered that it was a loan of 14,800 that rose to 21,114.

They gave her the money on September 30 and she complained not to request for any loan on October 2.

The deadline they gave her to repay the money back was exactly a month after disbursement.



One of the agents told her that the company had suffered a network glitch on the day she got the erroneous loan. The agent asked her to repay just the loan amount disbursed and ignore the interests, in which she repaid on Oct 28 but after that payment they kept disturbing her to pay the interest and they also made several threats during her conversation with them as well.



Google Play Store Reviews:

Palmcredit has many users with several Google accounts, as well as professional bloggers and tech support staff, who are paid to post positive reviews about the company on Google Play stores and blogs.

https://tokfora.com/t/1811/scam-palmcredit-hiding-under-cbn-to-defraud-people

truthCoder:


To add to the marketing bulaba, a cost vs benefit analysis of devoting a kuda kind of marketing budget to a business like Nairaland would need serious review. How much can such a business return both in the long and short run before the costs turn into a permanent drain.

Nairaland can afford to be overly flat as it is because it has a very minimal cost to revenue ratio. Nairaland does zero adverts, doesn’t have a customer care center and doesn’t even run a proper office. These costs would have to be borne by the new competition.

The disruptive idea must offer what Facebook, Twitter, Instagram and Nairaland combined does not currently offer. It must be free to use. It must not have annoying adverts and the average dumb nairaland user must be able use it without asking for help. It must also load fast, consume less data, be able to work seamlessly on the crappy itel and tecno phones of most users and must retain at least a little sense of user privacy.

You have a point

@OP,
I’m also intrigued why there aren’t many more successful Nigerian forums. NL and LIB were the vanguard respectively for forum and blog. And while many other successful blogs have sprung up after LIB, the same cannot be said for forums[/quote]

I think it's hard to build forum or it's not profitable

dokibo:
Tokfora
https://tokfora.com

I think this one got the vibes

Nice

donbachi:
WhatsApp hookup groups...a friend in Nigeria told me Nigeria has the highest number.

What has this got do with this post

Pls don't mention Blogs....
I mean forums

I read and I have come to understand that this people attacking you are agents working for online loan apps.

Don't be depressed. Owing is not a crime. This people can't do anything. If you can engage any of them physically, pls arrest them cos their operation is illegal under the Nigeria law.

Forget their empty threats....

I am a computer programmer. Just like we have many here today.

INEC is telling Court to allow them reconfigure BVAS before the next election.

The question is this?
1.How can a machine made for serious election not capable of working perfectly for at least 4 years before reconfiguration.

2. Does it mean INEC did not test run this machine before using it?

3. If INEC chairman can agree that the machine failed in most cases, why can't they call for the cancellation of the election?

4. If billions of money was spent for using BVAS, why can't INEC take it time to properly train it's staff on how to operate the machine?

Injustice anywhere is a threat to Justice everywhere. Yoruba, Igbo, Hausa, Christians and Muslims, this is the only time we have to secure our future and that of our unborn children.

Let's stop pretending like everything is okay, while some useless politians are busy destroying our future.

A new Nigeria is possible.....

If INEC should not rig. Election will go as predicted by Anap poll.

I saw both Tinbu, Atiku and Obi winning in those predicted states

Information about states APC, PDP and LP is likely to win can be found here as predicted by Anap

I told my friends that INEC is not prepared for this election, yet they keep doubting me.

There is no different between BVAS and the former way election is being conducted in Nigeria.

How can people votes, yet they are still waiting for INEC to upload results on the server. In a right sense, you don't need paper to cast your vote. As you vote the system should automatically count it.
But what is about to happen is for them to rewrite the figures and signed before uploading to the server and that is why there is delay.

Election that was done since yesterday, yet we are yet to see atleast 5% of the results uploaded on INEC server.

INEC is upto something

I don't clone website.... I built perfect website from scratch

Okay, how do we get started

CodeTemplar:
And what is the ranking about?

Most used programming language in the world

If the ranking happens to be true globally.

Then what could be the most widely used programming language in Nigeria?

Hello! Are you looking for a platform to get your business listed?

Get your products and services listed on Tokfora Market. Set your online presence on one of the biggest forum and marketplace in Nigeria.

You can post ads on:
1. Vehicles
2. Fashion
3. Property
4. Hair & Beauty
5. Services
6. Animals


POST NOW https://tokfora.com

Good luck!

Hello! Are you looking for a platform to get your business listed?

Get your products and services listed on Tokfora Market. Set your online presence on one of the biggest forum and marketplace in Nigeria.

You can post ads on:
1. Vehicles
2. Fashion
3. Property
4. Hair & Beauty
5. Services
6. Animals


POST NOW https://tokfora.com

Good luck!

frenchmalians:
Thanks for this :

U r wlc

jazzme1:
Shell Petroleum Development Company (SPDC) is the pioneer and leader of the petroleum industry in Nigeria. We invest heavily in our employees, which is reflected in our industry-leading development programme and our commitment to see our employees’ ideas travel and come to fruition.



Applications are invited for:

Title: Shell Graduate Programme 2022 - Nigeria

Reference ID: R47450
Location: Port Harcourt, Rivers
Experience Level: Graduates



How to Apply
Interested and qualified candidates should:
Click here to apply online

There portal is still active. Apply Now

codesngr:


No it doesn’t, it’s just because of country specific, Reddit ranks higher globally

Yes Reddit is better.... Reddit ads campaign even beat that of Facebook

Yusuf Datti Baba-Ahmed PhD is a Nigerian economist and politician. He was a Senator and founder of BAZE University Abuja and Baba Ahmed University Kano state (Awaiting License). He is the founder and Pro-chancellor of Baze University Abuja where the Baze University Hospital which is said to be the biggest private hospital in Africa is domiciled.

7 facts about about Datti Baba-Amhed unveiled


If you're Obidient, click I'M OBIDIENT

All facts are verified. If you are not Obidient, you can still tell us which of the facts that's not true. Let's all do our findings again.