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If You're Owing A Loan App... What To Do. - Business (6) - Nairaland

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Re: If You're Owing A Loan App... What To Do. by Homogeneositys(f): 2:57pm On Jun 24, 2022
this is what i am passing through now, i collected money from them in january, i later lost my job in february , i have been collecting from one loan to pay another, i no longer have money to pay them, the problem now is that i want to collect loan and settle all of them in other to have peace of mind, but my new salary account does not have 3 months bank statement to provide. i intend paying back monthly not all this 7 days loan. cry cry cry

1 Like

Re: If You're Owing A Loan App... What To Do. by Jmichael1(m): 5:23pm On Jun 24, 2022
DonNeon:

Please does fairmoney harass defaulters by calling their contacts??
nop...
Re: If You're Owing A Loan App... What To Do. by flexyrule(m): 8:50pm On Jul 04, 2022
Paxziano:



You r a funny character... Out of curiosity I checked up the twitter stuff you were screaming about. It's about Sokoloan. Pls show me where Sokoloan app is on play store... You read up what someone wrote on Twitter and then based your whole premise on it simply cos you can't afford to pay your loan? Lol. Grow up and be responsible guy. I'm certain you r the type that na fight your friend go use collect money him give you back.

In your spare time, read up on the loan apps you talked about, search for their parent company, read up in credit bureau, if you have a friend that works in a finance house, try asking the person to check your credit history and see if you can access good money from banks or other loan apps (loan apps don't give as much money as banks though).

If you still want to be ignorant, I won't enlighten you again. You made your choice so live with it but next time, don't spew thrash all over the internet just to justify being broke
Oga stop spewing rubbish here. I work in a licensed lending firm with offices in the 36 states of the federation.

I also have over 4 years experience in banking.

The loan apps you are defending are illegal entities and have no regulators.

The don't pay taxes. They canot sue and canot be sued. They don't upload any data on the Credit Bureau and don't carryout any credit search on their borrowers.

Dealing with your Chinese loan apps is synonymous to buying drugs or dealing with a junkie.

Whatever rubbish they put up on the internet is just to scare unenligthed borrowers.

Stop trying to make sense in a public forum that is filled with educated persons.

I'm already getting tired of your lame points and unintelligent defenses.

8 Likes 1 Share

Re: If You're Owing A Loan App... What To Do. by Prudoh(m): 1:02pm On Aug 01, 2022
Dashlys:
I am owing Lcredit N140k plus as at today. Other 5apps 20k and less.


Na 40k I been collect from Lcredit to invest in a business that didn't go as planned.

I have spent the last 5months making contributions to these apps.


It's only Branch that I will pay N28, 800, the illegal ones can go to hell. Nothing payment and I dey sleep well. cheesy

Pls did you still use the names,BVN and account number that you used during the first loan collection?
I'm trying to get another one from them but they are not giving me...
How did you do your own pls...
And did you use your phone number linked to your BVN?
Re: If You're Owing A Loan App... What To Do. by MonTaNa92: 6:23pm On Jan 31, 2023
I was using one tecno camon 17 when I registered with palmpay.. So, i borrowed money and I was not able to pay on time.. B4 i know it, a msg will display on my phone covering d upper part of d phone.. B4 i know, it displays on d whole screen and i am not able to use my phone properly, So, I paid up.. After 2months, d phone was stolen.. Then I got another one.. I downloaded d app again without asking for permission or any other thing.. I just logged in since i hv an account with them already, so I went ahead to borrow again.. Now i defaulted for 1month+ now and dey were not able to do anything to my new phone.. Only calling, texting and chatting me on WhatsApp sometimes.. I decided to pay part payment from d money i owe, After a week dey added another 1k interest.. I was like.. They doz pple dey whine me no.. I decided to pay back and they start adding more to it...
Re: If You're Owing A Loan App... What To Do. by TyWong: 12:25pm On Jun 30, 2023
Hey Dashlys, thanks for sharing these tips on dealing with loan apps! It's great that you're helping people get out of loans. Denying permissions and uninstalling the app before the loan is due is a smart move to protect your privacy. It's important to be cautious with unregistered apps since they may not have the necessary licenses. I prefer getting the friend of my friend, a Mortgage Broker in Swansea, for such questions, but your idea also sounds good. Thanks!
Re: If You're Owing A Loan App... What To Do. by chidodoicon: 10:35pm On Jul 09, 2023
I am owing fairmoney, branch, okash, vsnaira, softnaira, I o money, lcredit, truemoney and gomoni but I am only going to pay branch and fairmoney









[color=#006600][/color]
Re: If You're Owing A Loan App... What To Do. by Risingsunn: 2:12pm On Aug 29, 2023
I have sold and sold properties to pay loans, I'm still owing close to 1million. I don't have anything to sell again self. I have even lost my job, anything they want to do they can do abeg. I no send anybody papa again.

I almost committee suicide at one point because of these loan apps, if I had known about this tips I for no sell my car. Now I for dey use am do Uber.

The earlier Nigeria bans all these loan apps the better for everyone.

I am owing fairmoney, branch, carbon and Migo, including okash. Unfortunately, they have been really nice to me probably because I took years to build a good credit score, all that is about to be tarnished now. I do t care though because I don't have any option.

No money to pay anybody.

2 Likes

Re: If You're Owing A Loan App... What To Do. by Larryizi(m): 11:26am On Sep 06, 2023
I borrowed from fairmoney and am unable to pay ye I have the intention of paying. I even pay for extension fee to extend the loan. I went to block my ATM card then collected another one. So on Sunday someone sent money into my account to purchase something for him, when I was about to get what I was sent,just about to do transfer I discovered that my account is empty. I was shock. Trying to trace what happened it was fairmoney oooo. They message me that part of my payment has been made. So I was wondering why will they have access to my account despite my ATM card and my pin has changed. Please what can I do to avoid this deduction...I want to pay for the loan but I don't like this direct deduction.
Someone should help me

1 Like

Re: If You're Owing A Loan App... What To Do. by ifegen(m): 4:33pm On Sep 10, 2023
Larryizi:
I borrowed from fairmoney and am unable to pay ye I have the intention of paying. I even pay for extension fee to extend the loan. I went to block my ATM card then collected another one. So on Sunday someone sent money into my account to purchase something for him, when I was about to get what I was sent,just about to do transfer I discovered that my account is empty. I was shock. Trying to trace what happened it was fairmoney oooo. They message me that part of my payment has been made. So I was wondering why will they have access to my account despite my ATM card and my pin has changed. Please what can I do to avoid this deduction...I want to pay for the loan but I don't like this direct deduction.
Someone should help me

Stop using the account. Or any account linked to your BVN.
Re: If You're Owing A Loan App... What To Do. by Erikiel(m): 6:31pm On Dec 09, 2023
ifegen:


Stop using the account. Or any account linked to your BVN.
How can one switch to another bank account without BVN, or can one generate a new BVN!
Re: If You're Owing A Loan App... What To Do. by Acebrain28(m): 5:46pm On Mar 01
Palm Credit are among the worse Loan sharks out there.
Re: If You're Owing A Loan App... What To Do. by Peledonomy: 7:14am On Mar 02
Acebrain28:
Palm Credit are among the worse Loan sharks out there.

grin grin

Tell us wetin dem use ur eyes see

1 Like

Re: If You're Owing A Loan App... What To Do. by Acebrain28(m): 5:55pm On Mar 10
Peledonomy:


grin grin

Tell us wetin dem use ur eyes see

Re: If You're Owing A Loan App... What To Do. by white3663: 8:25am On Apr 15
Risingsunn:
I have sold and sold properties to pay loans, I'm still owing close to 1million. I don't have anything to sell again self. I have even lost my job, anything they want to do they can do abeg. I no send anybody papa again.

I almost committee suicide at one point because of these loan apps, if I had known about this tips I for no sell my car. Now I for dey use am do Uber.

The earlier Nigeria bans all these loan apps the better for everyone.

I am owing fairmoney, branch, carbon and Migo, including okash. Unfortunately, they have been really nice to me probably because I took years to build a good credit score, all that is about to be tarnished now. I do t care though because I don't have any option.

No money to pay anybody.

Did fairmoney call your contacts?
Also do they have access to any account linked to your bvn, or just the account you registered with?

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