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Nairaland Forum / Nairaland / General / Business / Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion (38096 Views)
Data Protection Bureau Fines Soko Loans ₦50 Million For Data Breach / Soko Loan Has Finally Defamed Me (pictures) / Sokoloan Set To Shutdown, After Paying ₦10 Million NITDA Fine (2) (3) (4)
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Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by authority2006(m): 3:38pm On Aug 19, 2021 |
Oyerinde16: If there is a law guiding your business, you can't use every means available to recover your loan. This is not Banana Republic. 7 Likes 1 Share |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by xpool(m): 3:38pm On Aug 19, 2021 |
Oyerinde16: You talked this way because all your life you have been deprived of a real country with sanity and rules. 6 Likes 2 Shares |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by xpool(m): 3:39pm On Aug 19, 2021 |
authority2006:Honestly, they dont know the implication of what they do 4 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by true2god: 3:39pm On Aug 19, 2021 |
Oyerinde16:I can’t be wary of them but of your crime syndicates you call a loan company. You guys sent SMS to over 50 people concerning one of your customers, who happened to be my colleague’s brother, and this is how it reads: AAA BBB CCC (his name in mask) 080******* IS A DEFIANT DEBTOR WHO HAS FLEE WITH A LOAN AND NOT REQUITE. NOTIFY HIM NOW TO AVOID PUBLIC EMBARRASSMENT. Why send this kind of SMS to a person who is not in the know of your business transaction? You guys are lucky to operate in a lawless society. 6 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by xpool(m): 3:40pm On Aug 19, 2021 |
xpool: |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by optimus106(m): 3:41pm On Aug 19, 2021 |
https://www.nairaland.com/5658497/how-sokoloan-lending-company-killed/1#104962391 VERY GOOD NEWS.... EVIL PEOPLE. 1 Like |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by AuroraB(f): 3:44pm On Aug 19, 2021 |
Beancounter94:You took a loan. You had the wherewithal to repay yet you couldn't. If they had gone ahead to send those damning text messages to your contacts, would you be saying this They dialogued with you and gave you a grace period this Soko loan never gives it's customers. Is that too hard for you to understand 1 Like |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by xpool(m): 3:45pm On Aug 19, 2021 |
Beancounter94:It is better they go out of business because they are criminals and thugs. We have been surviving well before their unfortunate birth. Commercial banks are giving such quick loans now. We will get rid of you all, 1 Like |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by airsaylongcome: 3:46pm On Aug 19, 2021 |
Oyerinde16: I agree with you on the silly Nigerian mindset of borrowing without plans to pay. However should your contacts (some of whom don't know you) be innundated with SMS messages that you owe? Banks have been in the financial business for much longer than these Fintechs. And they don't disturb your contacts about your financial dealings with them 2 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by austinfan4love(m): 3:48pm On Aug 19, 2021 |
Na so one of these app lending platforms begin message me on WhatsApp,come dey use commanding tone ontop,,,I told them this was unprofessional and they should stop messaging me,,,when they refused,,I blast the person Las las 4 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Oyerinde16(m): 3:49pm On Aug 19, 2021 |
authority2006: Stop digressing, do everything within your power not to default, if it becomes inevitable, call ahead to restructure, this will be done and it shows u are responsible, stop defending defaulters who receive notifications and warning ahead of time, they feel you can do your worst until a blast message goes out, then they get into their shell and say u embarrass them because of 2k... That's my point. |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by airex(m): 3:51pm On Aug 19, 2021 |
Joysticks:With this comment, I believe both u and ur cohorts deserve to die like chickens... 1 Like |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by StrictlyStreet: 3:53pm On Aug 19, 2021 |
I love doing business with Carbon (Paylater). They are more professional than even mainstream bank. 3 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Obalowe(m): 3:53pm On Aug 19, 2021 |
My experience with Kaskash! I borrowed 39k from them sometimes in July, unfortunately I couldn't meet up with the due date for repayment. They started charging me 2% of the actual loan amount as a penalty, so about a week ago I was able to pay the actual loan taken and left with the 2% extra charge which amount to about 23k. To my greatest surprise, they started charging 2% on the 23k again. I contacted them why the 2% charge, till date they have not replied me and I have made up my mind not to pay a kobo anymore. Most people are not criminal as some people are saying here but those online loan companies are really crazy. 4 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Oyerinde16(m): 3:53pm On Aug 19, 2021 |
xpool: If there actually was sanity in the first instance, there are better ways to handle a loan before default. You knew the implications involved in the default, yet you defaulted, but you don't want the repercussions... Nigerians.... |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Bayour001: 3:58pm On Aug 19, 2021 |
Joysticks:I PRAY WHAT SOME PEOPLE PASS THROUGH DOES NOT HAPPEN TO U 1 Like |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Jamesz12: 3:58pm On Aug 19, 2021 |
10 Million is too small, it should be 10 Billion because the level of damages these loan apps carry out on people is unquantifiable. This should serve as lesson to others. Wicked set of people. The other day I got a text message about a friend I know very well. They tarnished his image beyond repair,asking me to stay away from him. I quickly replied the text that may God visit them with double with what they are doing to people, I further told them I'm proud to have known him and I will be happy if he takes more loan from them and reck their company down. Useless people 4 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Oyerinde16(m): 4:01pm On Aug 19, 2021 |
true2god: Did your friends younger brother tell you before hand he was implicating you in a transaction, No I guess, yet he used your contact details without your consent, he still had the nerves to default knowing fully well you might be contacted, he called soko bluffs right, you can't help him to pay as well, and you will not be weary of him (nice) but if a call came from the police station asking if you know AAA, you will be more than glad to go bail him, or a call came from the hospital will you ask them if you were there when he had the accident. Stop being sentimental, you want to chose scenarios... If soko called you AAA has #10m you will not ask if why he put your number.... |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Nobody: 4:03pm On Aug 19, 2021 |
Oyerinde16:a loan company should be registered and law abiding, the government has set up procedures for loan recovery, the company should follow it, I think last year or 2 that National assembly passed a bill concerning loan recovery, the laon companies can use BVN of their defaulting customers to get their money from his bank accounts across the country, but not to just take laws in to your hands and do anything within your means. 3 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Hassanmaye(m): 4:04pm On Aug 19, 2021 |
dudusky007:True |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by adelaja70(m): 4:05pm On Aug 19, 2021 |
Beancounter94:This guy sef.. It's like they are paying you. Didn't you read negotiate in my comment? What's wrong with you man? You no get brain ni? 1 Like |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Oyerinde16(m): 4:07pm On Aug 19, 2021 |
jackslow: Account that is hungry, is it that acc u want to collect from... |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Hassanmaye(m): 4:08pm On Aug 19, 2021 |
tamdun:They used her simcard to borrow money |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by WowSweetGuy(m): 4:08pm On Aug 19, 2021 |
thatsleepboy1:exactly...so they pack out. 10million is chicken change for them 1 Like |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by adelaja70(m): 4:10pm On Aug 19, 2021 |
Oyerinde16:Reason now... 50 contacts as guarantors, is it possible? The loan companies do that on their own without your knowledge.. 5 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Heterodox(m): 4:12pm On Aug 19, 2021 |
Beancounter94:Bring those terms and conditions here. 2 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by adelaja70(m): 4:14pm On Aug 19, 2021 |
Oyerinde16:It's possible... One day you go forget and drop money there. The loan companies are scammers too. Go to their page on Google play store and read reviews. 2 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Nobody: 4:18pm On Aug 19, 2021 |
Oyerinde16:please is not about sentiment is about is about legality of what your company is doing, the government has set up loan recovery procedures for your company to follow, your company has to follow it, or at most don't do anything illegal to in order to recover your loan it may back fire just like sokoloan. Secondly the customers does does not give out their contacts unless in some cases where they request for 2 or 3 family numbers, in that case they may contact those people, even that case the the loan company can not defend it in the court, because of you're giving somebody loan because of me then you have to inform me, not just to call me when he has defaulted. Finally play store does not allow apps that give loans of less than 30days, apart from Africa where the laws are not working you can't give out 7days loan. 5 Likes |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Hassanmaye(m): 4:21pm On Aug 19, 2021 |
tamdun:I'm still wondering How account can be wiped when you lost your phone, is that the banks, loan apps, or other e-commerce website don't ask for real password or what? Or there is a they by pass it. 1 Like |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by tamdun: 4:21pm On Aug 19, 2021 |
Abfinest007:The used her sim card, u never hear of ussd code ni |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by Hassanmaye(m): 4:22pm On Aug 19, 2021 |
dgagar:Blood of Zachariah!!! are you serious 2 Likes 1 Share |
Re: Soko Loan Fined ₦10 Million By NITDA For Privacy Invasion by authority2006(m): 4:22pm On Aug 19, 2021 |
Oyerinde16: No one is defending defaulters. But from what I have been reading here before, those guys don't reason with the defaulters at all. |
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