[quote author=gemanob post=107664858]
That's very bad[/quot

If FG was honest in creating jobs and protecting Nigerians would they seek help from the devil??

When economy is bad and people live from hand to mouth the quest for loans is high.

Sought basic infrastructure issue and people will be naturally creative in running bizness to feed themselves.

As long mikano have big interest in power sector, power issue will be a daily reality.

As long NNPC continues to be the cash cow, power will continue to be a problem.

Latakia:
That data loan app will just send SMS to all your contacts list to remind them that you are onigbese "debtor" What a disgrace

They did it to me. I gat no choice than to encourage my self make I nor go commit suiside.

The embarrassment and frustrations no be small ooo. But, those obtaining loans from the Apps are supposed to be compliant with the terms and conditions.

Ohuhunsulurep:
Has anyone encountered with LCredit? Those guys hacks into your phone and contact any one on your contact list anytime they want.

Lcredit are thief, they have called all my contact that I borrowed money from them. I posted a pic on my WhatsApp and they copy it and post it to my contact that I borrowed money from them.

shuttox:
Sokoloan has frustrated many Nigerians...

I wonder how they get the victims relatives/friends contacts

You gave them access yourself, example below.

BigSarah:
Don't just protect loan debtors , also protect the creditors...
Pay the loan owed by defaulters to the loan companies...

And moreover before loan are disbursed, the debtors accepted terms and conditions as well permission to breach data

you sound like one of those sokoloan recovery agents

seem you are yet to experience a doze of their heartache-die-if-you-like messages

#u can

Pierocash:
Please any other loan app I can collect money from since I have collected from almost all of them and hasn't paid? They can keep all my contacts and do whatever they want with it as long as I can get the money.

Useless loan apps, they shared my data and picture to all my WhatsApp contacts and labelled me a criminal. I told them to stop sending those pictures and data to my contacts because that is too small,they should go to vanguard, Facebook, premium times and the rest and post it there. Me,since then,I have been hunting all of them,I collect,I no dey pay . You can keep my data,do what you want with it.

Please any other new loan app that I don't know about? Please tell me I want to tell them something

this is funny as fvck

I will never within the blink of an eye forgive Bubu, for what? You people should go and settle the loan you collected and live us alone. China is waiting to collect from every Nigerian the one Bubu collected we know nothing about and you people are talking about the one you grove. Abeg make Una go settle debt we no join

It is not only Sokoloan, 9Credit is even worse!

See samples!
PUBLIC NOTICE!!!!!!we are using this medium to inform THE GENERAL PUBLIC that mr/mrs/ms : xxxxxxxxxxxxxxxxxxx with phone number : 080xxxxxxxx has an unfinished business with us (9credit), A DEBTOR WHO is owing NINECREDIT has refused to make his/her loan repayment and he has consistently avoided our calls, this is more like a FRAUDULENT ACT and an arrest will be issued against him/her and his /her pictures and information will be posted on all social media platforms . For his own good and safety, make YOUR payment on or before 2pm. FAILURE to confirm his payment poses a big risk to HIM/HER, TO BEFORE WARNED IS TO BEFORE HARMED...LET YOUR PAYMENT COME IN BEFORE 2PM BE TODAY OR YOU WILL HELD RESPONSIBLE FOR ANY ACTION TAKEN AGAINT YOU. WE AWAIT THE PAYMENT IN THE NEXT FEW HOURS.THIS WILL BE SENT OUT TO YOUR CONTACT IF YOUR PAYMENT IS NOT RECEIVED WITH THE NEXT 2 HOURS, NINECREDIT LEGAL TEAM.


See another one:
KEEP BEING DUBIOUS AND GIVING US REASONS TO RUIN YOUR REPUTATION IN THE FACE OF THE PUBLIC,VERY SOON YOUR PHONE CONTACTS WILL START GETTING FRAUDULENT MESSAGES. AFTER SERIES OF CALLS AND MESSAGES, YOU STILL HAVE NOT MAKE YOUR PAYMENT, IS LIKE WE HAVE TO DISGRACE YOU BEFORE MAKING THIS PAYMENT,RESPECT YOURSELF AND MAKE YOUR PAYMENT NOW TO avoid informing your families, friends , colleagues, even people that do not know you, will start calling you in regards to this fund, THIS WILL BE OUR LAST WARNING. kindly pay into: STERLING OR WEMA ACCOUNT USSD BANK TRANSFER.

I will not and can never forgive anybody or groups of people that will take actions that will lead to the banning of these loan apps. They are the saving grace of the common man.

When Sapa challenges you to a wrestling contest, you will know how important these loan apps are.

where I have a problem with most of them is the way they embarrass people when they default, they should learn to give more time.

Zion243:
L Credit should be the first to be blacklisted.
They would give you 30% interest in 14 days loan and beginning from the 10th day would start bombarding you with calls and threats.

They've taken advantage of the current economy situation to extort Nigerians with big interest in the name of Loan.

I would personally commend FG if a strict measure could be taken to protect Nigerians from them. They also spy into people's contacts and call history. In a sane country, this invasion on personal privacy could have sent them packing.

broo. L credit took me to depression. They will even lie to your contacts telling them that you have been owing them for days and you used them as guarantor. They humiliated me and are still humiliating me till now even after I've paid more than half

Pierocash:
Please any other loan app I can collect money from since I have collected from almost all of them and hasn't paid? They can keep all my contacts and do whatever they want with it as long as I can get the money.

Useless loan apps, they shared my data and picture to all my WhatsApp contacts and labelled me a criminal. I told them to stop sending those pictures and data to my contacts because that is too small,they should go to vanguard, Facebook, premium times and the rest and post it there. Me,since then,I have been hunting all of them,I collect,I no dey pay . You can keep my data,do what you want with it.

Please any other new loan app that I don't know about? Please tell me I want to tell them something

You obviously don't know the long term implications of your actions.

Pierocash:
Please any other loan app I can collect money from since I have collected from almost all of them and hasn't paid? They can keep all my contacts and do whatever they want with it as long as I can get the money.

Useless loan apps, they shared my data and picture to all my WhatsApp contacts and labelled me a criminal. I told them to stop sending those pictures and data to my contacts because that is too small,they should go to vanguard, Facebook, premium times and the rest and post it there. Me,since then,I have been hunting all of them,I collect,I no dey pay . You can keep my data,do what you want with it.

Please any other new loan app that I don't know about? Please tell me I want to tell them something

Guy u too funny. Wati u wan tell them

Ohuhunsulurep:
Has anyone encountered with LCredit? Those guys hacks into your phone and contact any one on your contact list anytime they want.

guyyyy. Those people are terrible! I even created a thread here on nairaland after I became their victim

rayvelez:
Pay your loan on time shikena.

Nobody who didn't have 5k today will magically have 7k to settle debt 7 days later. The loan apps aren't helping anyone, they spend millions advertising their business deceitfully and forcing down hungry people's throat without most of the people even knowing what they are getting into. they're doing cutthroat business, earning 25% in 14 days. Which legitimate business return 25% in 14 days?
They are into high risk, high profit yielding business and they should be ready for the risk and also have a plan to get their money back without disturbing innocent people who weren't there when they were getting their 25% profit in 14 days.
Besides everybody everywhere default in repayment of loan due to unforseen circumstances. Last year I had over 3m sitting in my account, if someone told me that this morning I would have less than 2k in my account I won't have believed

vickydevoka:

Exactly. Even me buh i pay bcuz earn. Aside branch, fairmoney n carbon I no borrow again. All dis easy credit, soko, icredit n lcredit no be me n Dem.

yeah. Those 3 are the best.

NotBeenPaid:
Buhari is the devil that can't be forgiven - NEVER!

I read where those gullible unchains said they will forgive him, don't be surprised,they will do it because they're just like Buhari.

Bimpe29:
The embarrassment and frustrations no be small ooo. But, those obtaining loans from the Apps are supposed to be compliant with the terms and conditions.

How many people they read terms and conditions.
Terms and conditions that is so many like Bible.
If they summarize it people will be reading it.

Ayomi90:

You gave them access yourself, example below.

So they can disturb me that know nothing about their deals because one person from God knows where gave them permission to his phone abi?

BigSarah:
Don't just protect loan debtors , also protect the creditors...
Pay the loan owed by defaulters to the loan companies...

And moreover before loan are disbursed, the debtors accepted terms and conditions as well permission to breach data

DISCLAIMER : I DON'T WORK FOR LOAN COMPANIES, NEITHER DO I SUPPORT THE TACKLING OF INNOCENT PEOPLE THE DEBTOR MIGHT HAVE PUT UP AS GUARANTOORS..
BUT STILL THE DEBTOR IS THE MAIN PROBLEM IN ALL THIS IF WE'RE BEING HONEST

According to the Regulation, the business operations of Loan companies should be in line with the Articles as stipulated in the Regulation.

It must, as a matter of fact, adhered to the six principles of the Nigeria Data Protection Regulation.

So even if a person agrees to the terms and conditions, it does not make the process in itself legal and ethical.

Thank you

rayvelez:
Pay your loan on time shikena.

Word!

Granted that some of the methods these loan app guys use are nasty, still the average Nigerian will give baseless excuses when it's time to pay up their debt.

UTILITYMAY:
It is not only Sokoloan, 9Credit is even worse!

See samples!
PUBLIC NOTICE!!!!!!we are using this medium to inform THE GENERAL PUBLIC that mr/mrs/ms : xxxxxxxxxxxxxxxxxxx with phone number : 080xxxxxxxx has an unfinished business with us (9credit), A DEBTOR WHO is owing NINECREDIT has refused to make his/her loan repayment and he has consistently avoided our calls, this is more like a FRAUDULENT ACT and an arrest will be issued against him/her and his /her pictures and information will be posted on all social media platforms . For his own good and safety, make YOUR payment on or before 2pm. FAILURE to confirm his payment poses a big risk to HIM/HER, TO BEFORE WARNED IS TO BEFORE HARMED...LET YOUR PAYMENT COME IN BEFORE 2PM BE TODAY OR YOU WILL HELD RESPONSIBLE FOR ANY ACTION TAKEN AGAINT YOU. WE AWAIT THE PAYMENT IN THE NEXT FEW HOURS.THIS WILL BE SENT OUT TO YOUR CONTACT IF YOUR PAYMENT IS NOT RECEIVED WITH THE NEXT 2 HOURS, NINECREDIT LEGAL TEAM.


See another one:
KEEP BEING DUBIOUS AND GIVING US REASONS TO RUIN YOUR REPUTATION IN THE FACE OF THE PUBLIC,VERY SOON YOUR PHONE CONTACTS WILL START GETTING FRAUDULENT MESSAGES. AFTER SERIES OF CALLS AND MESSAGES, YOU STILL HAVE NOT MAKE YOUR PAYMENT, IS LIKE WE HAVE TO DISGRACE YOU BEFORE MAKING THIS PAYMENT,RESPECT YOURSELF AND MAKE YOUR PAYMENT NOW TO avoid informing your families, friends , colleagues, even people that do not know you, will start calling you in regards to this fund, THIS WILL BE OUR LAST WARNING. kindly pay into: STERLING OR WEMA ACCOUNT USSD BANK TRANSFER.

You are one of those people that sent messages to people contact. You must be working in lcredit. Keep sending messages

BigSarah:
Don't just protect loan debtors , also protect the creditors...
Pay the loan owed by defaulters to the loan companies...

And moreover before loan are disbursed, the debtors accepted terms and conditions as well permission to breach data

DISCLAIMER : I DON'T WORK FOR LOAN COMPANIES, NEITHER DO I SUPPORT THE TACKLING OF INNOCENT PEOPLE THE DEBTOR MIGHT HAVE PUT UP AS GUARANTOORS..
BUT STILL THE DEBTOR IS THE MAIN PROBLEM IN ALL THIS IF WE'RE BEING HONEST

the way some of you reason eh! So because they agree to such obnoxious terms, they should evade the privacy of others abi? Calling the person family as fraudsters and that no body should deal business with that family? Is it the family that took the loan or an individual? So reason with your head before talking rubbish

BigSarah:
Don't just protect loan debtors , also protect the creditors...
Pay the loan owed by defaulters to the loan companies...

And moreover before loan are disbursed, the debtors accepted terms and conditions as well permission to breach data

DISCLAIMER : I DON'T WORK FOR LOAN COMPANIES, NEITHER DO I SUPPORT THE TACKLING OF INNOCENT PEOPLE THE DEBTOR MIGHT HAVE PUT UP AS GUARANTOORS..
BUT STILL THE DEBTOR IS THE MAIN PROBLEM IN ALL THIS IF WE'RE BEING HONEST

Nigerians are the most deadliest human beings on this planet earth! Scattering ones business. Those supporting this evil are those who borrowed more than a thousands and millions of naira from those loan apps. Now, they want to forgive Buhari. By then I for don dey UK dey gnash teeth on them.

DreamyEyes:
yeah. Those 3 are the best.

If I want owe fairmoney pass 1 month Dem no go call anybody. N I must pay

Chuksmonika:
I will not and can never forgive anybody or groups of people that will take actions that will lead to the banning of these loan apps. They are the saving grace of the common man.

When Sapa challenges you to a wrestling contest, you will know how important these loan apps are.

where I have a problem with most of them is the way they embarrass people when they default, they should learn to give more time.

oga forget that thing. They are of no help or importance. Imagine giving out a loan with exorbitant interests for just 7-14 days. That's nonsense

Seankhalifa:
Loan app don dey bad pas yahoo boys.. may God protect us in this country... amin

Why person go borrow money and no wan pay

BigSarah:
Don't just protect loan debtors , also protect the creditors...
Pay the loan owed by defaulters to the loan companies...

And moreover before loan are disbursed, the debtors accepted terms and conditions as well permission to breach data

DISCLAIMER : I DON'T WORK FOR LOAN COMPANIES, NEITHER DO I SUPPORT THE TACKLING OF INNOCENT PEOPLE THE DEBTOR MIGHT HAVE PUT UP AS GUARANTOORS..
BUT STILL THE DEBTOR IS THE MAIN PROBLEM IN ALL THIS IF WE'RE BEING HONEST

debtors don't put anyone as guarantors. The apps just through your contact list and message anyone they like

Their fucking interests.....are they registered? They are scammers

rayvelez:
Pay your loan on time shikena.

na God go punish you and the people that send you. How do u expect them to pay loan in 7days and interest as high as 57% in some cases. This will make them borrow from another loan shark to pay and the cycle continues