texazzpete:


These are most likely lies.

continue ��� u think say u wise..mk Dem run u street one day u go shout..it happens alot..u wl pay thrgh der offline mode n dey wl still be disturbing u fr it.

LZAA:
I can see some eediots up here supporting these Chinese clowns
Don't worry their time is coming
Other countries have chased those clowns out due to this rubbish
One day dem go do this thing to one big man or Im pikin then c'est fini

Yeah, the big man pikin stuff na true, I've actually read one terms and it specifically states you should not borrow if you have any politicians or relation contacts. I knew something was fishy lol...

Your friend is an idiot.....
He no get mind, still e no wan pay

When I had financial challenges with my business crumbling in the middle of this year. That was when I knew how difficult it was to borrow money. I downloaded different loan apps, visited couple of microfinance banks for soft loan to revive my business. But the bureaucracy involved in assessing mfb loans compelled me to try online loan. Fair money and carbon offered me loan but it was small for the challenges I needed to solve. It opened my eyes to clearly see who are truly my friends. A so called well to do friend advised me to seek help elsewhere. I saw hell during that period. Thank God for my uncle who came to my rescue without asking for a refund. He would've given me more than he gave me if not that lawyers nationwide were having industrial action which halted legal services in his chambers. Nevertheless the amt he gave me was enough to solve my problem.

me that have borrowed from more than 5 loans apps and didn't pay back... they have been sending me messages up and down including my relatives, family members girlfriends, friends and all that.. even including the girl i have been faking myself to that i i ha much money with me and whenever she is with me i i do make sure i borrow a Mercedes Benz from a friend to do show off after getting a call from them she called and told me about it and all the fake life i have been living did i take my life... iyam not stupid i will never do no such thing.. We all are living in a scam world and Nigeria is the head quarters So we are not promised tomorrow

that is it O, there are predators out there.

Martinez39s:
You can't deliver many Nigerians from playing the pity/victim card when they are wrong. You can't exorcise self-centeredness out of most Nigerians.

Why go to the loan sharks, agree to their terms, default and then cry foul or play the victim when they employ all sorts of tactics and coercion to get their money back? It doesn't matter what prevented from you from paying, I understand life happens, not paying at the appointed time is a breach of agreement that shouldn't be taken lightly. Once you don't pay at the time you agreed to pay, you can rightfully be considered a criminal and the loan company owes you no consideration; a deal is a deal and no one forced you to patronise loan sharks. Learn to take responsibility for your choices; don't borrow if you know you can't pay and don't play the victim when the loan sharks come after you after you default.

If you were a loan shark and you were lending money to Nigerians of all people: most of whom can be stubbornly treacherous, deceitful, highly dubious, ungrateful, selfish, wicked and inconsiderate, would you take it lightly when a Nigerian defaults on a loan? People that look for ways not to give you the money they should pay you. Some will even do shakara and give you attitude when you keep asking them to pay up; some will heartlessly keep stalling hoping you will get tired of asking for your money and forget about it. Some take pride in being this dubious and treacherous and they will inwardly praise themselves as people that have "sense" and can survive life when they keep pulling such wicked stunts. Despite being this wicked and inconsiderate, they will still play the pity/victim card when the creditors start brutally dealing with them.

Knowing this, how can anyone expect loan companies to take it easy, politely or give a pat on the back to Nigerians who default on their loans? Would you do the same if you were in their shoes? Do you selfishly expect them to assume you are different and hence don't have dubious intent? Would you do the same? Where are they suppose to get the money they gave out as loans? How are they to keep their business afloat if they slack and Nigerians keep defaulting?

Stay away from loan sharks if you won't pay them back. Stay away from loan sharks if you are stupidly looking for people that will handle you politely with kid's gloves and a smile on the face when you fail to pay them.

that's insightful

Tombrown3:
From what I've seen on this thread, seems most of the commenters are working with this loan people.

I'm an Android developer and I can tell you, this guys do some really shitty work with their app, very inconsistent and unreliable.

You wanna payback loan and the app ends up misbehaving, a stranger text you on WhatsApp saying his from the same company and sends you a bank account to make the payment, after that only for another pressing to call saying your koan has not been paid.


Well, I've told victims, if you wanna borrow, make sure you change all your contact to fake numbers. And don't every leave the app installed on you after borrowing. Reinstall the app when ever you wanna payback, simple.

These apps request almost 10 permissions from your phone, they monitor everything you do and can even turn on your camera without your notice as long as you have granted them permission to it! It's crazy cause I feel they could easily wipe your account but just don't want to.

I could go ahead to tell you how to deal with them, but that will be a secret ill have to keep off online.

pappy2000:
Bros i almost commited sucide too but thank God i am back on my feet, I will never pay them shishi

Pay them what you owe them. No one asked you to patronise them and they are not the ones that asked you to default.

Impregnablefolk:
4 all of u above me in dis thread n many more dat decided 2 spew trash out of inexperience n ignorance, may God 4giv u. I am a living witness of dis peoples' substandard n arrogant operation. I borrowed 4m 1 of dem, paid on d deadline day, sent d proof of payment n dey delayed it until my dashboard was reading overdue charge of a certain amount. 1 of dia agent named Chioma, called me wit dia office (land) line n said I should pay half of d overdue charge 2 her bank a/c dat she will help d payment since I don't av dia designated bank branch in my location. Long story short, I did n sent my proof of payment. Only 4 anoda of dia agent 2 call me n happily n excitingly tell me dat I was scammed. But I dey say as dis dia agent scam me wey dem dey luk me lyk fool n dem no wan track down d girl. 2morow na dia company a/c she go wipe den d bank go cum liquidate. I come in peace.

What's the name of the company?

Shouldn't it be possible to sue these guys for character defamation

easzypeaszy:
I pity u..I just pray u don't see why wl mk u collect money..I kw som1 who collected 50k to pay fr his wife operation after alot of money he has spent..d following mnth it was difficult to payback..God no go shame us...na bw life n death.
Never critisize anyone fr it bc God deliver u frm such.
The way u solve ur prblm may be disgusting to all too...u fit be thief, or mk u be olosho or mk u dey gamble or dupe ppl or lie to collect money fr family but some can't do dat.

You have a point though..But some guys do it for fun..

Martinez39s:
You can't deliver many Nigerians from playing the pity/victim card when they are wrong. You can't exorcise self-centeredness out of most Nigerians.

Why go to the loan sharks, agree to their terms, default and then cry foul or play the victim when they employ all sorts of tactics and coercion to get their money back? It doesn't matter what prevented from you from paying, I understand life happens, not paying at the appointed time is a breach of agreement that shouldn't be taken lightly. Once you don't pay at the time you agreed to pay, you can rightfully be considered a criminal and the loan company owes you no consideration; a deal is a deal and no one forced you to patronise loan sharks. Learn to take responsibility for your choices; don't borrow if you know you can't pay and don't play the victim when the loan sharks come after you after you default.

If you were a loan shark and you were lending money to Nigerians of all people: most of whom can be stubbornly treacherous, deceitful, highly dubious, ungrateful, selfish, wicked and inconsiderate, would you take it lightly when a Nigerian defaults on a loan? People that look for ways not to give you the money they should pay you. Some will even do shakara and give you attitude when you keep asking them to pay up; some will heartlessly keep stalling hoping you will get tired of asking for your money and forget about it. Some take pride in being this dubious and treacherous and they will inwardly praise themselves as people that have "sense" and can survive life when they keep pulling such wicked stunts. Despite being this wicked and inconsiderate, they will still play the pity/victim card when the creditors start brutally dealing with them.

Knowing this, how can anyone expect loan companies to take it easy, politely or give a pat on the back to Nigerians who default on their loans? Would you do the same if you were in their shoes? Do you selfishly expect them to assume you are different and hence don't have dubious intent? Would you do the same? Where are they suppose to get the money they gave out as loans? How are they to keep their business afloat if they slack and Nigerians keep defaulting?

Stay away from loan sharks if you won't pay them back. Stay away from loan sharks if you are stupidly looking for people that will handle you politely with kid's gloves and a smile on the face when you fail to pay them.

Have you heard of "Branch"? Go and check how they deal with loans and handle defaults. They are the only app ill recommend for any sane, good spirited, and genuine person to patronise. And yes, their loan duration is the most considerate of them all, less than 20% in a full month and still give you extra 2 weeks to replay with no overdue, I repeat, no over due fees.

Well, I really blame them a lot, most people people are salary earners and are paid at the end of the month! I've seen one given 10k to payback 16k in 5 days! 5 days oo.... That's over 50% interest rate in such a short time!

Anyone one who give such a loan is criminal and doesn't have your best interest at heart.

Loan Sharks agents are already here commenting, banning and reporting comments.


Nigeria is headquarter of crime.....loan sharks online apps are criminals.

Impregnablefolk:
U need 2 hear d way one small girl wit a tiny voice called me so rudely n was compelling me 2pay my over due charge. D problem is dat a lot of dem employ secondary school graduates n pay dem chicken feeds. 4 dose of u saying it's fake news, continue! Real lyf situation Neva hit u. I come in peace.

Having an overdue charge in the first place puts you in the wrong. It doesn't matter who they employ, defaulters who don't honour agreement should be harangued into paying.

I also saw one of their messages on my phone concerning one of my former course mate ,I forwarded the message to her ,she said I shouldn't mind them that she has called them just today o , abeg no go borrow wetin you know fit pay back

Help2020:
If you don't have the means to pay back loan,don't take.that's all.

Even people who have collateral default sometimes are u are here speaking grammar.

They should do their due diligence b4 giving loans or take their risk of a default like that.

They have no single right to defame anyone. Worst case respectfully state lagbaja took a kind from us and is not reachable kindly reach out to him pls. Not calling people a scam or fraudster. They will be sued very soon and will pay more than the loan they want to collect.

excellence44:
A Twitter user has narrated how he lost his friend to suicide after being blackmailed by a certain loan shark. According to the tweep, his friend collected loan from these sharks and in order to retrieve their money back, they sent blackmailing messages to his family and friends including his girlfriend. Man snapped.
Pictures below.

"Buried a friend yesterday morning. He took his life largely because he went to borrow money from an online company and when he defaulted they sent messages to his friends and family members including members of his girlfriends family; something snapped I believe and that was it."

I don’t really post here but let me say this, I took a loan of 8000 from them and was to pay 10500 back, I lost my job, but consistently chatting them up that I didn’t forget and that I’ll pay, when they started threatening I had the opportunity to pay part via the account sent to me by their agent I paid 5000 first which she confirm, that same night I paid another 3000 making 8000 remaining 2500 the interest. A week later I got a call that why have I not make any payment I explained that I made payment and I have all the proof which I sent to them, they were like no that’s wrong account that it belongs to another defaulter... it’s not my fault you staff sent me this account number and I’ve made the payment and these aren’t the screenshot and proof... they said I will have to make another payment afresh. After that they sent out messages that I’m a thief on the run that I ran away with the company money... a friend of mine who was a barrister saw the message and called me because it’s unlike me to do that I explained to her. She called them that she have all the proof and that she’s interested in the case that she needed their address funny enough they said they can’t leave their address.... the name of the app is Lcredit and this are the screenshot of the evidence

What a sad way to die.

Some people cant be a politician, pastor or a popular personality.
Is borrowing money an abberation?
Is being insolvent wrong?

People have read a lot of rubbish said against them yet they are living larger today.

The kind of things written about Buhari nko?

No one should lose sleep because someone near you was told that you are owing.

debbydams:
Last thing I'll ever do is to borrow money from this people

Your a woman dear. They no dey count you folks. Your boyfriend will always offset your bills. Sometimes, with borrowed funds from loan sharks

Tombrown3:
Have you heard of "Branch"? Go and check how they deal with loans and handle defaults. They are the only app ill recommend for any sane, good spirited, and genuine person to patronise. And yes, their loan duration is the most considerate of them all, less than 20% in a full month and still give you extra 2 weeks to replay with no overdue, I repeat, no over due fees.

Not all loan companies are the same. I believe each company has their terms and agreement and each company is not forcing anyone to patronise them and imbibe their terms and agreements. It is up to the individual to decide if he should proceed with a particular loan company after reading their terms and conditions. What I don't like is when people approach a loan company, agree to their terms and conditions, default on their agreement and cry foul when these companies come after them. Nigerians must learn to take responsibility for their actions. I don't know why people don't realise that defaulting on an official agreement puts you in a wrong spot and it is nothing to be taken lightly.

Well, I really blame them a lot, most people people are salary earners and are paid at the end of the month! I've seen one given 10k to payback 16k in 5 days! 5 days oo.... That's over 50% interest rate in such a short time!

People will do well to read terms and conditions of the loan company they are patronising. If they don't like what they see, nothing stops them from rejecting the loan and going elsewhere. If they accept what they see, it is their decision; and it is their duty to abide by it. Loan companies have the right to draft any terms, interest rate and conditions they want as long as they are not forcing anyone to patronise them.

Anyone one who give such a loan is criminal and doesn't have your best interest at heart.

Loan companies don't have to have anyone's best interest at heart; it is a business. Loan companies are not criminals for setting any interest rate they deem fit as long as they are not forcing you to patronise them.

Notice how virtually ALL of the issues people have with loan companies started with one thing: they didn't pay at the appointed time. That should tell you something about Nigerians who love to play the victim/pity card when loan companies come calling.

Pls can u explain to me

Tombrown3:
From what I've seen on this thread, seems most of the commenters are working with this loan people.

I'm an Android developer and I can tell you, this guys do some really shitty work with their app, very inconsistent and unreliable.

You wanna payback loan and the app ends up misbehaving, a stranger text you on WhatsApp saying his from the same company and sends you a bank account to make the payment, after that only for another pressing to call saying your koan has not been paid.


Well, I've told victims, if you wanna borrow, make sure you change all your contact to fake numbers. And don't every leave the app installed on you after borrowing. Reinstall the app when ever you wanna payback, simple.

These apps request almost 10 permissions from your phone, they monitor everything you do and can even turn on your camera without your notice as long as you have granted them permission to it! It's crazy cause I feel they could easily wipe your account but just don't want to.

I could go ahead to tell you how to deal with them, but that will be a secret ill have to keep off online.

Mokason288:
Something else killed your friend

Meanwhile RIP TO THE DEAD

Na Dem, the loan app people, them full NL. But that guy fvk up, if owe 1000 people loan, if you like send messages to my entire in-law and the whole world calling me thief, I will never pay you back again

Na him know. Cause and effect. Cause and effect.

Let me guess it may be Lcredit. Stupid loan shark them go soon ban them. Thank God say I get favor, LCredit for finish me... It good to borrow money but don't borrow from LCredit ooo

Martinez39s:
Not all loan companies are the same. I believe each company has their terms and agreement and each company is not forcing anyone to patronise them and imbibe their terms and agreements. It is up to the individual to decide if he should proceed with a particular loan company after reading their terms and conditions. What I don't like is when people approach a loan company, agree to their terms and conditions, default on their agreement and cry foul when these companies come after them. Nigerians must learn to take responsibility for their actions. I don't know why people don't realise that defaulting on an official agreement puts you in a wrong spot and it is nothing to be taken lightly.

People will do well to read terms and conditions of the loan company they are patronising. If they don't like what they see, nothing stops them from rejecting the loan and going elsewhere. If they accept what they see, it is their decision; and it is their duty to abide by it. Loan companies have the right to draft any terms, interest rate and conditions they want as long as they are not forcing anyone to patronise them.

Loan companies don't have to have anyone's best interest at heart; it is a business. Loan companies are not criminals for setting any interest rate they deem fit as long as they are not forcing you to patronise them.

Notice how virtually ALL of the issues people have with loan companies started with one thing: they didn't pay at the appointed time. That should tell you something about Nigerians who love to play the victim/pity card when loan companies come calling.

I like how you tryna be optimistic and none sentimental.

Your second to last paragraph got. You really haven't seen this people in action. Force you said, let me tell you a story, couple of months back I kept getting a call from a particular number about how they just open a new company and that I can go ahead to collect 10k loan straight from the app, I just decline after asking how they got my number and was told the telecommunication sold it to them.

The matter didn't end there, this same person, a girl precisely invaded my WhatsApp with same off and advert, I read and ignore since I wasn't interested. But she kept bugging my phone, with "hello sir have you applied"

Long story short, I downloaded the app. But as a developer I made sure my phone was very safe and my information secure before give them permission, only for them to offer me 10k to pay back 15835 naira in 6 days, I just laughed and went on the block the girl from my contact.

Now imagine a desperate soul given such opportunity, only few people in nails now can collect a loan if 10k and payback in 6 days with 50% interest. These people know! And that's why they resort in blackmailing!

There is no job you can do in naija now with 10k that will will give you 15k in 6 days (I stand to be corrected) unless you gamble!, and believe me that's what most people do with, or maybe to buy food stufff and wait for tomorrows judgment. Lol.

youngking89:
Pls can u explain to me

Lol... I can't tell you how to dupe people of their hard earned cash but will tell you this for free...

Back up your main contact and delete all of them, the replace it with any regular number. Clear your call logs and messages too, always make a backup of all these so you can reinstall afterwards.

Your private information is their collateral for the loan, now imagine a sensitive message being licked, because they have all that, and from my observation, it states in their data base forever! Even when you no longer patronise them. They sell mist of these information, how do you think random people can call you, state you name and bank without ever knowing them?

Just stay away from loan app bro, those people don't like you. Hope you watched Squid game

jaeyking:
Like the last tweet says 'abeg just die this matter'

You signed an agreement and you defaulted.
Have any of us ever read their terms and conditions to see why they really go ahead with defamation and the govt is not doing anything.

I can say it's part of the terms u signed.
Though I don't have any proof of it but with the looks of it I think so

Modified**

I just checked the terms and conditions by Okash a loaning firm see the images below.
From this, can we conclude that the defamation of character and possible deduction from any account linked to the bvn is legal

Do they call the guarantors to confirm they know the person borrowing the money?

texazzpete:


These are most likely lies.

Hmmm

Help2020:
If you don't have the means to pay back loan,don't take.that's all.

. God Blesses you .Very Simple .

jaeyking:
Like the last tweet says 'abeg just die this matter'

You signed an agreement and you defaulted.
Have any of us ever read their terms and conditions to see why they really go ahead with defamation and the govt is not doing anything.

I can say it's part of the terms u signed.
Though I don't have any proof of it but with the looks of it I think so

Modified**

I just checked the terms and conditions by Okash a loaning firm see the images below.
From this, can we conclude that the defamation of character and possible deduction from any account linked to the bvn is legal

.... So calling someone a criminal is now the same thing as sending messages to their contacts abi? If you tell the contacts to remind the people to repay their loans.... It's makes a lot of sense then editing their pictures with the tag "criminal / fraudster" on the run and should not be trusted..... Do u know the psychological damage such messages cause on people??

I am awaiting for the no 1 citizen loan shark to comment before I say anything.
Meanwhile, may the deceased rest in perfect peace.
Be better in ur next life.