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Beware Of Moneytree Loan App - Investment - Nairaland

Nairaland ForumNairaland GeneralInvestmentBeware Of Moneytree Loan App (24643 Views)

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Beware Of Moneytree Loan App by fyneguy(op): 4:40pm On Nov 14, 2022
There is a gimmick some of these loan apps now use to swindle hapless members of the public. Moneytree just played a fast one on me today..

I received a call from their staff that they noticed I had a good credit rating and would like to offer me a loan of N50k for 30 days, to pay back 60k.

He sent me the details on WhatsApp. I registered on their app, but noticed the offer was N13k for 7 days, to pay back 20k. I complained to the guy, who said he would do the internal upgrade to N50k once I applied. He assured me. I followed his advice, but to my dismay, I received N13k alert.

He later told me the upgrade driver was down and they would fix it within an hour. He kept postponing. When I asked to refund the loan, he issued a threat that I would still have to pay the interest.

This is how they deceive many into taking their exploitative loans.

Don't fall for it.

I am disappointed in the Central Bank, and Sterling Bank (their settlement bank) for allowing these scammers exploit people

Admin should please push to the front page, to save others..
Re: Beware Of Moneytree Loan App by SonofLothbrok: 6:31pm On Nov 14, 2022
Eat the money and don't pay back grin
Re: Beware Of Moneytree Loan App by oladapo2017(m): 2:17pm On Dec 27, 2022
I also experienced same today��
Re: Beware Of Moneytree Loan App by BrigadiarZareta(m): 2:06pm On Jan 29, 2023
Abeg share the number of the person, let's show him vawulence
Re: Beware Of Moneytree Loan App by jmichael259(m): 2:41pm On Jan 29, 2023
Paste the link let us check something on their loan.
Re: Beware Of Moneytree Loan App by Skeelzz(m): 8:11am On Feb 11, 2023
Lol what desperation does to a man.... This shit just happened to me. Mine was a lady, immediately i clicked apply she just stopped responding and blocked me on Whatsapp.i later received 13k alert with 20k outstanding payment in 7 days. You could clearly see were i told her to cancel that disbursement and she said i should jst calm down.

Re: Beware Of Moneytree Loan App by LadyKarma1: 10:15am On Mar 24, 2023
please guys I need serious HELP!!!. I fell victim of this. I actually paid the 20k but i was a day late. they have been disturbing me to pay additional interest of 7k which is totally wrong and not acceptable. please I need help cuz they have been sending messages to all my contacts and they are threateng my life and that of my family.
Re: Beware Of Moneytree Loan App by shawante(m): 2:41pm On Mar 31, 2023
LadyKarma1:
please guys I need serious HELP!!!. I fell victim of this. I actually paid the 20k but i was a day late. they have been disturbing me to pay additional interest of 7k which is totally wrong and not acceptable. please I need help cuz they have been sending messages to all my contacts and they are threateng my life and that of my family.
Lol.. Calm down, they won't do anything.
Re: Beware Of Moneytree Loan App by lavylilly: 10:15am On Apr 01, 2023
fyneguy:
There is a gimmick some of these loan apps now use to swindle hapless members of the public. Moneytree just played a fast one on me today..

I received a call from their staff that they noticed I had a good credit rating and would like to offer me a loan of N50k for 30 days, to pay back 60k.

He sent me the details on WhatsApp. I registered on their app, but noticed the offer was N13k for 7 days, to pay back 20k. I complained to the guy, who said he would do the internal upgrade to N50k once I applied. He assured me. I followed his advice, but to my dismay, I received N13k alert.

He later told me the upgrade driver was down and they would fix it within an hour. He kept postponing. When I asked to refund the loan, he issued a threat that I would still have to pay the interest.

This is how they deceive many into taking their exploitative loans.

Don't fall for it.

I am disappointed in the Central Bank, and Sterling Bank (their settlement bank) for allowing these scammers exploit people

Admin should please push to the front page, to save others..
Na you fall mugu
Re: Beware Of Moneytree Loan App by lavylilly: 10:16am On Apr 01, 2023
LadyKarma1:
please guys I need serious HELP!!!. I fell victim of this. I actually paid the 20k but i was a day late. they have been disturbing me to pay additional interest of 7k which is totally wrong and not acceptable. please I need help cuz they have been sending messages to all my contacts and they are threateng my life and that of my family.
ignore them
Re: Beware Of Moneytree Loan App by GreyDoubleEX(m): 9:21pm On Mar 17, 2024
Pls can we do something about these people, I'm ready to deal with them
Re: Beware Of Moneytree Loan App by ElValiente(m): 2:15pm On Aug 08, 2024
They did the same to me today. Just now. I don't even need the money.. I sent them your nairaland topic link.. See crying 😢 😢 So sad on Cbn side. Shame. I may get a new phone with fake phone numbers and give them all. They will call and message wrong numbers tire. Awon werey. Nigerians are just too wicked.

Re: Beware Of Moneytree Loan App by Oceanjagaban: 2:43pm On Feb 10
how did the matter end?
Re: Beware Of Moneytree Loan App by Oceanjagaban: 2:43pm On Feb 10
ElValiente:
They did the same to me today. Just now. I don't even need the money.. I sent them your nairaland topic link.. See crying 😢 😢 So sad on Cbn side. Shame. I may get a new phone with fake phone numbers and give them all. They will call and message wrong numbers tire. Awon werey. Nigerians are just too wicked.
did you pay back?
Re: Beware Of Moneytree Loan App by greenmouse(m): 11:35am On Mar 25
They did same thong to me and asked.me to click a link for business loan, but when i did they showed me 15k, 9k to pay back 15k. I declined it but they they went ahead to.pay it
I refund them back even 10k but they started calling all.my contacts. I need their office address taking them.to court
Re: Beware Of Moneytree Loan App by suckprick: 3:02pm On Mar 25
SonofLothbrok:
Eat the money and don't pay back grin
@op. And don't forget to sue them for harassment if they try any nonsense. Na dem decide to dash you money. Chop and clean mouth.
Re: Beware Of Moneytree Loan App by ElValiente(m): 8:06am On Apr 22
Oceanjagaban:
did you pay back?
Phuck no
1 Reply

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