Na just one installment remain and they are threatening you? How you sef go borrow from loan sharks on facebook. Next time follow people wey know road.

AnonPoet:
How a loan app wiped out my account and left me broke

See me see trouble o! one loan app in this country, (I will not mention their name yet) has wiped my entire life savings and they have left me dead broke. Around early February this year my friend told me about a business that i can invest in and get good profit by the end of the year. Usual na, I got excited about the project and I had to make sure I hustle the money anyway, anyhow; that was how I remember that I saw one advert on facebook, so I went to the Facebook page and I copied the WhatsApp number from the page. Naso it start o! they asked me to register, write my mothers name, my office even collect my BVN and card details join!! Haba! I should have known.

I took the loan even with the high interest because I didn't have a choice and guy man gats make sweet cash. The 1st instalment i paid, 2nd instalment i delayed for 2 days...honestly no be my fault i even tried reaching out to them for small time more but no one answered. That's how the 3rd instalment came these loan app cleared all my account o! They removed all the money in my account claiming they couldn't be patient anymore! I've called & called but they didn't answer me! Next thing their representatives dey insult me!

Guys, I want to know what to do o! Is this how all loan apps do? they will shame you and suck your account dry? Abeg people talk o! what can I do?

Which decent loan apps can one use in the future?

1. FairMoney
2. Carbon
3. RenMoney

Which off these three is recommended abeg?

If you are looking to get a loan this season try fair money, they have the best interest rate at the moment

I am actually scared of collecting loan from platforms i can't trust. This is why i use only the fair money guys

Number 4: Fairmoney especially now that they have gone fully digital

Amaka360:
3 Nigerian startups to watch out for come 2022



The list of Nigerian startups to watch out for in 2022 (and possibly this decade). It comprises.

1. Eden
Eden is a concierge service for homes. Not a typical tech startup, but it's "a tech-enabled, human-powered service that takes over the running of your home so you can focus on the things that truly matter in life."
In short, as one techpreneur told me, "Eden is the affordable Quintessentially made for Africans, by Africans."
Eden was co-founded in 2019 by a co-founder of Andela—Nadayar Enegesi (CEO), and two of his other former Andela colleagues—Prosper
Otemuyiwa (CTO) and Silm Momoh (Product Lead).

2. [url]Sit.ng[/url]
Sit.ng is an e-learning platform that offers digital skills training on Web Development, Graphics Design, Digital Marketing, Mobile Application Development, Data Science, Machine Learning, Cyber Security, Android Application Development, IOS Application Development, etc.
Sit.ng will be officially launched in January 2022.[url] Sit.ng[/url] have so many features aside being an e-learning platform. Sit.ng scholarship and loan features will immeasurably help students across the country.

3. uLesson
When a serial entrepreneur like Sim Shagaya, founder of DealDey and Konga, launches a new venture, the techosystem would definitely be watching out for it.
Set to be officially launched in February 2020, uLesson had secured $3.1 million (₦1.1 billion) seed funding from TLcom Capital last year November.

uLesson platform would allow learners, mostly secondary school students, to experience personalized learning, take mock tests, and assess their performance and learning progress with uLesson detailed analysis dashboard.
The Jos-based startup is the pageant everyone is checking out in the edtech sector. Not only because Sim is the chaperone, but also because of its model.

Most business owners did not also know that they can take loans to finance their business, Dangote is the richest man in Africa and he still takes loans. so my dear business owner patronize certified loan banks today.

I have never faced any black mail situation with tho. and I take loan frequently from fair money, my other friends take loans from fair money, some of them use carbon

okolojay:
Is there a way to avoid blackmail from these loan sharks? :

I think FairMoney comes first, then we can talk about others.

Chiffy:
CARBON still remains the best, then Fairmoney.

Sokoloan - 9credit, xcredit, lcredit, all are managed by the devil and his sons

Brooo thank God i tried the fair money app. The service they render is actually top-notch. i will choose them over others

valnelly:
Any way you look at it. Borrowing from loan apps is a bad choice. I don see pepper from those people hand.
Gocash, 9credit, Sokoloan and others will make you want to kill yourself by yourself.
Only Carbon, Quickcheck, Aella Credit, and Fairmoney are the ones with small human sympathy. But all the same, stay away from borrowing online, borrow from your workplace, family friends and close associates..

How far where you able to sort it out? Next time borrow from FairMoney them no dey blackmail their customers

IgiveLadiesBj:
A loan app is on my head.... After today they will blackmail me and send messages to my contacts.

I'm to pay 19k but I have 9k. Please I need sure 2.2 odd game....

As much as i would have loved to agree with you, I still think you are wrong, FairMoney interest rate is one of the best out there.

chaseblack:
Although I agree that an agreement is an agreement but I think loan apps are taking advantage of Nigerians.

The interest rate these apps fix on loans are absurd and sometimes I don't blame people for default.

What is more annoying is that when you apply to invest in that same company ,they offer peanuts as interests.

For instance, one loan app has an overinflated interest rate of 30% for borrowers but if you are an investor, you will be offered a paltry rate of 1.5-3 %. That's criminal!

To make it clearer, if you borrow 20000 you'll be required to pay back #28,000 - #30,000, which means an interest of #8000-#10000 for just 30 days.

But personal findings reveal that if you try to invest #20,000 in that same loan app, you will get an interest of just #150 - #250 after a month.

This is absurd, I have tried investing #40000 in these loan apps several times and all I received was #150 after 40 days. Just imagine!

I tried another one by investing #60000 for 80 days and all I got was a paltry sum of #2300 .

And the last term time I checked the loan app, you will be required to pay #4500 on a loan of #15000 after just 30 days.

That is greediness and the government needs to look into this and find a way to regulate the interest of online loan lenders.

Failure to do these will continue to increase the no of loan defaulters as these loan interest are outrageous.

I always hate it when i hear stories like this. I was just telling somebody in one thread about how FairMoney was there for me when I needed them most. I pray you are able to sort yourself

Number2:
I'm a student and things has been bad for avery long time. I've been under intense pressure for months now

I borrowed money from loan apps. I didn't borrow the money to by clothes or anything. I borrowed it to feed. The money has been due for quite sometimes now. What I have been doing is to borrow from one loan app to offset the debt on another. Just to buy me more time. Now there's no loan app that can borrow me money again.

In 48 hours the loan will be due and when it's due, they'll spread my name to all my contacts as a criminal.

I'm stuck. I don't even have a penny to pay back.

I'm putting this out here maybe a good samaritan will help me out.

Because this whole thing is driving me crazy.

I can prove everything.

PS: The total money I'm owing is over 100k.

The same Fairmoney that raised $42 million Series B, and also got banking licence is who you’re calling Fraudulent do you think they will get this far if they are what you’re painting them to be. Do your findings boss FairMoney is not the cause of your problem

babaolofin:


Fairmoney online loan organization is a Fraudulent organization. Fraud . Fraud. Fraud. Fraud everywhere defrauding innocent Nigerians .

If Fairmoney MFB is the same organization operating as a Loan Shark with Fairmoney loan application, then the organization is a fraudulent organization. A lot of Nigerians on the Fairmoney mobile application have been confused, misled and defrauded.

Though I spoke with few people at Abuja about how Fairmoney confused, misled and defrauded Nigerians and I believed a lot of Nigerians are still going to be defrauded.

NFIU, SFU and NITDA are supposed to put them on monitoring list this is in addition to Intelligence agencies.

Seun Osewa, seunmsg and other compatriots should save Nigerians , especially Nigerian Youths from fraudulent operations by scammers and fraudulent Fairmoney staff.

Using Toyin Aimaku as brand ambassador does not change anything. Fairmoney management cannot pretend they are not aware of how Nigerians are being defrauded by fraudulent staff and various insiders deal .

Fairmoney my foot.

Now that Toyin has endorsed FairMoney I hope everybody can see that it is legit.

It is not even about people sleeping on Fairmoney it's in the fact that people know these stupid loan companies will stress them and they will still use those services Fairmoney and other credible companies don't even stress their customers

Ramzyranks:
I think people are sleeping on Fairmoney cause if not why will all these stupid loan companies be stressing you

My friend recommended FairMoney to me too and I have been enjoying their services

aramanda14:
Which loan company is threatning people again. wo you people need t blacklist this yeye companies abeg, I have been using FairMoney and I have never witnessed something like this.

Please o, Government should not ban the credible guys abeg. FairMoney saves my ass a lot when I need them to

Sheezybobby:
Please why can't the government ban all this loan app. Someone received a call that him and his family members are fraud, that they are looking for them?.



The government should just ban them?

What Loan app is the best out there right now? People have been telling me about FairMoney is it that great

I just did mine last week...
Check this out:
[url][/url]
https://www.youtube.com/watch?v=lsumZ6vvGw4

temiregiddy:
Please who can help me with this?

You should get it. The camera features are the best!!!

sexyshola1218:
Smartphone with AI Camera features? Wow! I am definitely getting this ASAP!

I just got the Magic Blue! The photography is off the roof!!!!

Obviously, you don't know quality stuff when you see it. No need to exchange words with you.

slimjosh231:
Nonsense overhyped phone.

Indeed! It's your type that would buy inferior good and later come online and be screaming you were scammed. Here is quality stuff, you speaking gibberish!

tboibamz:
quite costly for the configuration and specs

Shey you waka around all the store for Lagos ni ?

philsjoe:
Please why is there no OPPO A5s available in slot Lagos. I have being there there countless times??