Old news

bende7t:
They borrow people money without collateral nor with the knowledge of the borrowers ability to pay back. And then put ridiculous interest rate, which must most times be paid back under one week.
Both borrower and lender has the fault if any one defaults

Their repayment time is where all these problems originated from.... You can loan someone money and expect them to payback in a week or max of 2 weeks with ridiculous interest.... You'll always have problems.

Worse if you default for just a day, they go gangster on you

Channah1:
They are springing into action for what?

Where were they when these loan companies were helping people during the pandemic?

If they had done something or come to the aid of people when they needed financial assistance, these loan companies wouldn't have thrived and no body would have minded them. But now they are harassing those who even offered to help and saved majority from dying of hunger that period.

Mumu action. Not like they have the interest of the people at heart. They are only after personal gains. Shior!

Lie... they only took advantage of the had period and ensnare people in their shark loans ... how do loan someone money for 6 days with almost 50% interest ... Most people that will take take will definitely not be able to pay back...

NwaEzefuNaMba:


https://www.thecable.ng/sokoloan-okash-fg-cracks-down-on-digital-lenders-over-customer-privacy-violation/amp

This old news nah, since March 2022.

NwaEzefuNaMba:


https://www.thecable.ng/sokoloan-okash-fg-cracks-down-on-digital-lenders-over-customer-privacy-violation/amp

Lcredit is another scamming loan app. They should be arrested too!

Since govt said we should not do business with them. That means those owing should no pay again ba?

kudos
This action was long overdue

Old newdy

Old news please

Offpoint1:
Okash na bastrd dem be, my due date falls on sunday and salary was to be paid on Monday..... I call those guys 2 days to explained to them I'll be defaulting for a day.... You can Imagine the insults I received from the useless idiotic lady that picked up.

Werey said " Nothing concerns her, I MUST PAY on that day.... or I should make a commitment by paying half" I told her I can't pay half of the money, precisely I don't have such amount untill Monday..... next thing the useless idiot said was "Are you that broke that you can't afford 10k and you're a man?"............ I was like give me your office address, I will need to come punch you in the face and re-arrange your jaws..... I ended the call.

guy me nah para I para, I told them if they try send message to my contact , they will not see any dime from me. Until they pay for damages, .she said if I don't pay ontime that I will cry,..I just laugh ..

SIMONEKPA7:

Patient! I hope you know they are in business. The terms and conditions were clearly stated

Yes they are in unregulated business government has to come in and regulate their outrageous interest it's not helping matters it's simply a loan shark

Zidane199:
Make I run borrow money before they shut them down.

But you know say , dem get vital information about you, dem go just sell your information to criminals etc

MartinsD12:

Yes they are in unregulated business government has to come in and regulate their outrageous interest it's not helping matters it's simply a loan shark

Them force you? Why didn't you ask your family and friends to loan you

NwaEzefuNaMba:


https://www.thecable.ng/sokoloan-okash-fg-cracks-down-on-digital-lenders-over-customer-privacy-violation/amp

This is an old report

SIMONEKPA7:

Them force you? Why didn't you ask your family and friends to loan you

Why are you personalizing things please if you know those people your shitty loan companies offer loan go after them you seem pained, why are you putting out your frustrations on me , I only aired my opinion, government is doing the right thing it must be regulated. Case closed.

Until they raid L-credit. That's the worst of them all!

Kdon2:


Lcredit is another scamming loan app. They should be arrested too!

They are the worst!

NwaEzefuNaMba:


https://www.thecable.ng/sokoloan-okash-fg-cracks-down-on-digital-lenders-over-customer-privacy-violation/amp

That is very good , I support this development, loan app must be regulated most of these loan apps are not even registered with government, they don't even pay tax ,if they must operate they must register Pay tax, interest has to be realistic if not let them shut down, we won't accept loan sharks milking and taking advantage of the economic situation in Nigeria to put Nigerians in more hardship

SIMONEKPA7:
Relief to debtor's... Normally Nigerians don't like paying debt.
Why borrow when you can't pay.
Make I see who go de borrow nna urgent 2k

Yes... Nigerians don't like paying dept. Loan apps are helpful but make them no dey over do. Instead they should ask of lite collateral

The problem with borrowers in Nigeria with no intent of paying back is that they fail to realize that their credit record has been messed up, they may not really know the effect until they become someone better in life tomorrow and need loan for urgent business in a better bank. Then they would realize how they have spoilt their own record. Keep on borrowing and don’t pay back. Keep up your evil work, karma will catch up on you all someday.

Poverty is not just a disease, it’s a state of the mind.

Some Nigerians would always remain poor no matter what

This is not the first time they will be clamping down on them

Yeah

SIMONEKPA7:
Relief to debtor's... Normally Nigerians don't like paying debt.
Why borrow when you can't pay.
Make I see who go de borrow nna urgent 2k

No borrow us we dey survive before!
Usless thieves

If to say dem allow me borrow now..... I for dey on la Vida.

FuckAllTheMODs:
Debtors will be happy now.

Tho they(online lenders) can be annoying with the way they disturb their debtor's contacts which is wrong, but people should learn to respect agreements and pay back their loans.

Some agreements are inimical to human dignity, social justice and are unconditional

Channah1:
They are springing into action for what?

Where were they when these loan companies were helping people during the pandemic?

If they had done something or come to the aid of people when they needed financial assistance, these loan companies wouldn't have thrived and no body would have minded them. But now they are harassing those who even offered to help and saved majority from dying of hunger that period.

Mumu action. Not like they have the interest of the people at heart. They are only after personal gains. Shior!

They are doing what any government would do.
Which help help did the shylock loan sharks render during
Lock down?
When they lend you 10k for 7 and ask you to 14k, even during lockdown when there was no business.
Not all agreements are lawfully.
How can you send a message to people telling them that your customer, the borrower is a fugitive?

Thewrath:
With the hardship in this country,Nigerians will regret if these loan companies go..

Let them go, jor

everyone is now a money lender online.I wonder where they get d money they lend from while banks dt handle money hardly lends without stringent conditions.

Mandate2023:
I for don borrow pass wetin I borrow sef

You dull yourself be that.

I flex about 9 of those companies.

When they started threatening me that they will call my families and friends, I gave them a go ahead. At least, families and friends will understand say ground no level, maybe dem fit even send me more money .

Right now, loan shark money wey I borrow dey soakaway.

No reason am.

at least that crazy fellow from l credit will stop disturbing me about a defaulter i don't even
know exists.

This is long overdue