Hello everyone.
I went for a loan today in my bank(gtbank) and i was told i have been blacklisted for a Quick Credit loan and the reason was simply given as NPower. Yeah i was a beneficiary but not anymore for over a year. The reason might b they r profiling us for a wt cbn but even at that, blacklisting is extremely wrong. We all have lives outside npower especially now that it appears not have impact anymore. Some of us run little business that requires loan n this blacklisting is killing it.
CBN needs to look into this.

Npower was paying you guys like 30k a month. It means your credit rating with your bank is very low, so you have a high tendency to default on your loan. No lender will take such risk. Kpele awoof dey run belle.

I dont understand what you are saying.....

shey u been see npoeer chop, we wey no see chop and no fit collect loan nko?

You eat your cake and still thinking you have it..

2oby:
Hello everyone.
I went for a loan today in my bank(gtbank) and i was told i have been blacklisted for a Quick Credit loan and the reason was simply given as NPower. Yeah i was a beneficiary but not anymore for over a year. The reason might b they r profiling us for a wt cbn but even at that, blacklisting is extremely wrong. We all have lives outside npower especially now that it appears not have impact anymore. Some of us run little business that requires loan n this blacklisting is killing it.
CBN needs to look into this.

i don't understand you. Did Npower borrow you money and you refused to pay back?

why will cbn blacklist you

GTBank (Quick Credit) only give loans to employees or individuals with salary accounts. You were blacklisted because you're no longer an employee of NPower.

GTB Quick credit loans are based on designated/consistent monthly receipts from your employer (business account), even if it's 5k monthly. If you don't have this, then you're not qualified for the loan.

In sum, you were blacklisted because you tried to apply for a loan knowing very well that you no longer have a job (NPower).

That being said the word "blacklisted" doesn't sound right though. May be you should upload a screenshot of GTB's feedback so people can advise appropriately.

Taich:
Npower was paying you guys like 30k a month. It means your credit rating with your bank is very low, so you have a high tendency to default on your loan. No lender will take such risk. Kpele awoof dey run belle.

False. The way it works is that an individual earning 5k monthly consistently at the end of every month from his employer will get the loan faster than an entrepreneur earning 1 billion without an employer. If you have an employer, you're qualified. If you don't have one, forget the loan. What you earn from your clients, hustle doesn't matter. They don't care.

hakeem4:

i don't understand you. Did Npower borrow you money and you refused to pay back?

why will cbn blacklist you

No sir. Npower handed us over to CBN so as to grant us loan but up till now dem never give us. I guess the same thing goes for all Npower beneficiaries but they don't know yet because they wont tell you the reason for the decline, I was only privilege to know.

Taich:
Npower was paying you guys like 30k a month. It means your credit rating with your bank is very low, so you have a high tendency to default on your loan. No lender will take such risk. Kpele awoof dey run belle.

Even with a pay of 10k, you can get a loan offer from my bank. I am very sure about this sir.

ChampagneF:
shey u been see npoeer chop, we wey no see chop and no fit collect loan nko?

Acidosis:
GTBank (Quick Credit) only give loans to employees or individuals with salary accounts. You were blacklisted because you're no longer an employee of NPower.

GTB Quick credit loans are based on designated/consistent monthly receipts from your employer (business account), even if it's 5k monthly. If you don't have this, then you're not qualified for the loan.

In sum, you were blacklisted because you tried to apply for a loan knowing very well that you no longer have a job (NPower).

That being said the word "blacklisted" doesn't sound right though. May be you should upload a screenshot of GTB's feedback so people can advise appropriately.

You have a very strong explanation but that is not the case. I just finished liquidating my loan with them cos i borrowed some amount late last year and Npower stopped 2 years ago. I cant tell you everything here sir.

2oby:



You have a very strong explanation but that is not the case. I just finished liquidating my loan with them cos i borrowed some amount late last year and Npower stopped 2 years ago. I cant tell you everything here sir.

The likely explanation is that the information your bank has now is different from the information they had last year when they granted you the previous loan

Acidosis:


False. The way it works is that an individual earning 5k monthly consistently at the end of every month from his employer will get the loan faster than an entrepreneur earning 1 billion without an employer. If you have an employer, you're qualified. If you don't have one, forget the loan. What you earn from your clients, hustle doesn't matter. They don't care.

.

That's not all that true, what most of our entrepreneurs fail to do is proper business paper work e.g invoices, proper accounting and proper paper trail of all your business financial and other dealings. These will help the bank to evaluate you properly and issue you a suitable loan package.
Remember these banks are there to make money from your loan (interest),so they need you to take loans and pay back ad stipulated.

2oby:


Even with a pay of 10k, you can get a loan offer from my bank. I am very sure about this sir.

How much loan can you access with 10k? What meanful venture can you engage with that loan amount?

Taich:


How much loan can you access with 10k? What meanful venture can you engage with that loan amount?

That is not the point here.

2oby:



You have a very strong explanation but that is not the case. I just finished liquidating my loan with them cos i borrowed some amount late last year and Npower stopped 2 years ago. I cant tell you everything here sir.

Alright sir

2oby:
Hello everyone.
I went for a loan today in my bank(gtbank) and i was told i have been blacklisted for a Quick Credit loan and the reason was simply given as NPower. Yeah i was a beneficiary but not anymore for over a year. The reason might b they r profiling us for a wt cbn but even at that, blacklisting is extremely wrong. We all have lives outside npower especially now that it appears not have impact anymore. Some of us run little business that requires loan n this blacklisting is killing it.
CBN needs to look into this.

Have you resolved the issue? Don’t quote my comment pls. How do I reach you?? Drop your number and edit your comment after 5 mins. We need to talk

ok. mail sent

2oby:
ok. mail sent

I can’t access my mail. Mail me chiod2012@gmail.com

Mail sent.

[quote author=2oby post=105206258]Mail sent.[/quote
Were you able to rectify the blacklist with your bank?