Mrxawe:

Seen my guy haha you too dey fear. that trick wey your aunt give you na weytin you suppose don sharply do before they start send am. Anyhow anyhow Sha, they already have the contacts.. just try pay them coz they won't stop. Try clear that one fess

Sorry I couldn't m3saage you through that email.. it can only receive it can't send

u mean make i pay after dem don send those messages. Na efcc or CBN go settle this matter. Cos u see that noney... Them no go see am.

chiboi19:
This clients see that the interest is high before going ahead with the loan, they don’t force it on anyone.
Clients are also warned to pay on due date to avoid unnecessary embarrassments.
When you call this clients on due dates they don’t self don’t comply like if you tell them today is their due date they’ll tell you so what if the days is their due and when you ask them to pay before the days ends they’ll switch of their phone or start giving one excuse which is mostly a lie to get away from paying back that day and when you call the guarantor of the client they might say the said client has paid or he had told them he didn’t take anyloan from that company so they shouldn’t mind us.
So they pushed the collectors to take those measures.

still whining?

Mrxawe:

I have one question, why una no dey come people's address? Make I drop my own try come na.... Carry all the soldiers for 81 battalion along.

Make you dey here dey make mouth.

You no go fit stand when you jam wahala?

miccoy:


Prejudice apart!

Someone defaults in paying his/her loan and the best means to recover such fund is to brand him/her and the entire family criminals on the run?!? When did a debtor becomes a criminal?! Mind you, owing is not a criminal offence, not in Nigeria or anywhere in the world.

Debt recovery procedures state, you issue the debtor a demand notice, subsequent upon, the debtor appear in court to negotiate repayment. Before which, you might have reported to credit bureau.

Sending defamatory messages to clients contacts is blackmail. And blackmailing is an offence before the law. Had it been we have a sound Judiciary system on Nigeria, you guys would have paid hugely for this.

And I checked your apps terms and conditions, I can't find where it's written that you will sending defamatory messages to client contacts upon default. And you guys(apps) doing this are not even registered for crying out loud.

Had it been that we have a sound judiciary system in Nigeria if you borrow and refuse to pay back you would be declres bankrupt and all your assets would be seized by the state and sold to offset your loans.

Go and take a loan in America and refuse to pay and see if you have not not fvcked up your life!

Let's assume that a credit analyst has an average of 10K he needs to recover from 100 clients within one week before his salary is paid do you expect him to start filling court cases for each of the 100 loans. Who has the time to start begging loan defaulters to repay loans?! Just adopt the most effective means of recovery you can think of.

The fact of the matter is that interest rate for loans is high in Nigeria because the risk of giving loans is very high in this country. Even an average Nigerian will never give a loan to another Nigerian because he knows it will never be paid back!

MrFollowFollow:


Had it been that we have a sound judiciary system in Nigeria if you borrow and refuse to pay back you would be declres bankrupt and all your assets would be seized by the state and sold to offset your loans.

Go and take a loan in America and refuse to pay and see if you have not not fvcked up your life!

Let's assume that a credit analyst has an average of 10K he needs to recover from 100 clients within one week before his salary is paid do you expect him to start filling court cases for each of the 100 loans. Who has the time to start begging loan defaulters to repay loans?! Just adopt the most effective means of recovery you can think of.

The fact of the matter is that interest rate for loans is high in Nigeria because the risk of giving loans is very high in this country. Even an average Nigerian will never give a loan to another Nigerian because he knows it will never be paid back!

You guys are not registered ( as finance Company) and i am pretty sure you don't pay tax as well and you still have the nerves to be blackmailing your clients.

Just wait, when the search beam turn to your page, your Chinese bosses we deny you.

My best advice for you, use whatever means to recover your fund, but mind the kind of messages you send to client contacts. It's unsolicited! Coz, you never contacted me when the client was applying for the said loan why bothering me now.

hello

Mrxawe:

Sometimes they'll say actions are underway to block your BVN and put a lien on your bank account lol I go just dey laugh.. na only efcc fit do that one and they must obtain court order through CBN and NIBSS. They just dey use that means to scare people into paying up. And na jjc e fit work for. Person wey know about tech and banking systems go just laugh..

Na only gocash don message my contacts before tho it was embarassing but I was happy they even did it coz it taught me more lessons and tricks to play next time. After that incidence, I borrowed from more than 20 loan apps so far and I'm not paying a single dime, it's been over a month. Let them find me reach house and see if they won't go back in a coffin. It's either they provide their office address or they forget about their money and move on with their fvcking lives. If Google cannot remove this useless apps from playstore like the way IOS restricted them , we have to put them outta business.

These people always think they are slick. Even the time of kwikcash from Etisalat. They were only able to get my Etisalat contacts. Kwikcash got verified on airtel,MTN,Glo. The time of ussd they were only able to get contacts from the networks. So if I borrow from kwikcash on MTN. I will fish out all the MTN numbers just like that. We smart pass you o apps never come that time

Mrxawe:

That's how they do. Threatening to fvck up the person's contacts lol.

The most painful part was he was lousy and curses just full him mouth. I cm they wonder how People they borrow money from these guys.
I only called to warn him not to send me such message again.

Mrxawe:

Sometimes they'll say actions are underway to block your BVN and put a lien on your bank account lol I go just dey laugh.. na only efcc fit do that one and they must obtain court order through CBN and NIBSS. They just dey use that means to scare people into paying up. And na jjc e fit work for. Person wey know about tech and banking systems go just laugh..

Na only gocash don message my contacts before tho it was embarassing but I was happy they even did it coz it taught me more lessons and tricks to play next time. After that incidence, I borrowed from more than 20 loan apps so far and I'm not paying a single dime, it's been over a month. Let them find me reach house and see if they won't go back in a coffin. It's either they provide their office address or they forget about their money and move on with their fvcking lives. If Google cannot remove this useless apps from playstore like the way IOS restricted them , we have to put them outta business.

Then think say nah illiterates them dy talk to. If you tell me bvn tracing I go just dy laugh you. so it's better you stick to calling me with different numbers. See you guys should install premium Truecaller and automatically block bots numbers. Idgf if any loan agent is reading this

slimkhalifa:

Teach me bro

I will quote so that you won't deny it later

MrFollowFollow:


Make you dey here dey make mouth.

You no go fit stand when you jam wahala?

Oga shut up... I go just kill you throway inside bush and nothing go happen. If your family like make dem carry the case go Abuja me and my connects go bury the case. God punish you. I don collect from almost all your apps finish. Quote me for dead thread or DM me make I send you my address. If they born your mama well just do mistake near my gate. I can assure you won't go back complete.

MrFollowFollow:


Had it been that we have a sound judiciary system in Nigeria if you borrow and refuse to pay back you would be declres bankrupt and all your assets would be seized by the state and sold to offset your loans.

Go and take a loan in America and refuse to pay and see if you have not not fvcked up your life!

Let's assume that a credit analyst has an average of 10K he needs to recover from 100 clients within one week before his salary is paid do you expect him to start filling court cases for each of the 100 loans. Who has the time to start begging loan defaulters to repay loans?! Just adopt the most effective means of recovery you can think of.

The fact of the matter is that interest rate for loans is high in Nigeria because the risk of giving loans is very high in this country. Even an average Nigerian will never give a loan to another Nigerian because he knows it will never be paid back!

Very wrong of you to send such messages to your debtor's contacts. O wrong. Some have genuine reasons for the delay. If you send me such message, I will tell the person owing you not to pay. Let me see what you will do about it. Don't bring a third party into the matter.

eyitayoit:


Please if you know anyone who has received a damaging message from these loan apps such as sokoloan, 9ja cash should please send screenshot of the message to digitalrightsadvocacy@gmail.com. The group is collecting evidence to submit to the appropriate regulatory authorities and file a criminal complaint against them because their actions violates section 24 of Cybercrime Act of 2015.

Furthermore, such person flag the app as inappropriate on Google Play Store and write appropriate review on the app.
Tell someone you know that has been embrassed by these people.

I sent them an email and I received this reply

Mrxawe:

Oga shut up... I go just kill you throway inside bush and nothing go happen. If your family like make dem carry the case go Abuja me and my connects go bury the case. God punish you. I don collect from almost all your apps finish. Quote me for dead thread or DM me make I send you my address. If they born your mama well just do mistake near my gate. I can assure you won't go back complete.

This people know no say people they plan them, some of us they hope say them go come face to face for the money or even charge us go the court.

Useless set of people

oranget:

I sent them an email and I received this reply

same here..

Maxi112:
This people know no say people they plan them, some of us they hope say them go come face to face for the money or even charge us go the court.

Useless set of people

They don't know too many men are in a race to grab them.

Vernon26:
https://www.mondaq.com/nigeria/privacy-protection/895320/data-privacy-and-protection-under-the-nigerian-law

sent this to Gmoney loan app and d goat started abusing me,asking if I have money for lawsuit. I asked him for his address as human rights are on their trail and he should come to nairaland to see for himself,guy started insulting me and blocked me. Even sent same to Kash Kash and soko and they viewed and didn't respond and immediately blocked me. Those guys are real criminals. I pity who pay them after embarrassing you to your contacts.

Vernon26:
https://www.mondaq.com/nigeria/privacy-protection/895320/data-privacy-and-protection-under-the-nigerian-law

Good.

One of those loan apps text me say "you are so stupid". I don block their number tire and e dey pain them lol

Mrxawe:
One of those loan apps text me say "you are so stupid". I don block their number tire and e dey pain them lol

Two even call me dey abuse me,I abuse them back begin laff,d tin pain Dem dey just dey swear,I just tell dem to continue messaging dummy contacts. D tin touch d last guy he vex end call say na d 8k go kill am no be me.

If Dem call u just open eyes follow Dem,begin dey laff say u no go pay make Dem message ur fake contacts,Infact tell dem say u won cone their office come pay,na insult Dem go give u den end call, bro dats d end dey won't bother u again because dey know say d money don go.

ekene101:
Two even call me dey abuse me,I abuse them back begin laff,d tin pain Dem dey just dey swear,I just tell dem to continue messaging dummy contacts. D tin touch d last guy he vex end call say na d 8k go kill am no be me.

They know say people dey check out their numbers on Truecaller and when you see the name or see say e get too many spam reports , you go block am. So what they do is call you with their personal numbers wey no get spam report. This one call me with personal number as she see say I no still pick she tell me say i stupid lol. E pain her papa

Hmmmmmm

Mrxawe:

I tell person say palmcredit na loan shark in disguise and dem dey message contacts too he dey argue. Palmcredit isn't in the class of branch and carbon. Although their interest and tenr dey okay but they message contacts too. They Don threaten me before. Had to pay them tho. This image below was gotten from that Twitter thread.

This one good ,them xplain say u borrow money, ,soko go call u criminal on the run without saying u borrowed money.

drmikeadams:


This one good ,them xplain say u borrow money, ,soko go call u criminal on the run without saying u borrowed money.

Soko wey go even lie join say you have a long history of stealing or that you live by defrauding people on a daily basis.

Dogasas:

Soko wey go even lie join say you have a long history of stealing or that you live by defrauding people on a daily basis.

I show them pepper,sotay dat useless girl wey think say she get bad mouth no dey pick my calls again,I enter her for WhatsApp she block me. na aje loan I deal with today,fear no dey let Dem sent my contacts messages again. Dey go just call me for phone say debtor go pay,another round of insults nai I go use baff them dey go end call. Laff won kill people wey dey near me since yesterday..

Mrxawe:

Oga shut up... I go just kill you throway inside bush and nothing go happen. If your family like make dem carry the case go Abuja me and my connects go bury the case. God punish you. I don collect from almost all your apps finish. Quote me for dead thread or DM me make I send you my address. If they born your mama well just do mistake near my gate. I can assure you won't go back complete.

Nobody has a monopoly of violence!

Na where your madness end na there another person own begin!

pek:
Very wrong of you to send such messages to your debtor's contacts. O wrong. Some have genuine reasons for the delay. If you send me such message, I will tell the person owing you not to pay. Let me see what you will do about it. Don't bring a third party into the matter.

True some have genuine reasons but most of them are outright lies. Some of the ones who even have genuine reasons will stop all communication instead of politely asking for more time to repay the loan.

You can'ts expect a credit analyst who has to recover loans from 100 different people within 1 week before he gets his salary to spend the whole time begging you to pay up your loan

miccoy:


You guys are not registered ( as finance Company) and i am pretty sure you don't pay tax as well and you still have the nerves to be blackmailing your clients.

Just wait, when the search beam turn to your page, your Chinese bosses we deny you.

My best advice for you, use whatever means to recover your fund, but mind the kind of messages you send to client contacts. It's unsolicited! Coz, you never contacted me when the client was applying for the said loan why bothering me now.

You people are beginning to sound like broken records on this registration issue.

For your information the major registration required for this business is a Lender's permit so please feel free to SEC is if you operate a business which will be taking deposits from the general public

As for taxation loan companies pay their taxes in accordance with the provisions of the tax laws and the Finance Bill

ekene101:
I show them pepper,sotay dat useless girl wey think say she get bad mouth no dey pick my calls again,I enter her for WhatsApp she block me. na aje loan I deal with today,fear no dey let Dem sent my contacts messages again. Dey go just call me for phone say debtor go pay,another round of insults nai I go use baff them dey go end call. Laff won kill people wey dey near me since yesterday..

Leave them, they will be in hot mess soon men they reason them matter for street. They think are invisible in this our Nigeria, who sent you to go and work a shark loan, you go explain when hand reach you. Na them females staff of Soko be this and they reside on the mainland anywhere you see them kill or rough handle them. Them go hear am soon

MrFollowFollow:


True some have genuine reasons but most of them are outright lies. Some of the ones who even have genuine reasons will stop all communication instead of politely asking for more time to repay the loan.

You can'ts expect a credit analyst who has to recover loans from 100 different people within 1 week before he gets his salary to spend the whole time begging you to pay up your loan

You are contradicting yourself and like you are talking nonsense. Don't send any message to a third party. It is as simple as that.