₦airaland Forum

I borrowed N,1800 from this Plenty Cash loan shark to pay back N3,000 to them. When it became due, I defaulted for 3 days and they increased it to N4,200. I paid back N3,500 remaining N700. They still kept increasing the interest for me back to almost 4k again now. I woke up this morning to see this curse after trying to reach my contacts and my contacts denied knowing me.

Besides cursing them back, what should I do to these idiots please 😡

Lawly:
I borrowed N,1800 from this Plenty Cash loan shark to pay back N3,000 to them. When it became due, I defaulted for 3 days and they increased it to N4,200. I paid back N3,500 remaining N700. They still kept increasing the interest for me back to almost 4k again now. I woke up this morning to see this curse after trying to reach my contacts and my contacts denied knowing me.

Besides cursing them back, what should I do to these idiots please 😡

Chai!!!🙆🙆🙆
Na mafia be this?

We go block any Loan App wey harass customers - FCCPC

https://www.bbc.com/pidgin/articles/cj5l1958ljjo

How do this guys those multiple numbers from?

Lawly:
I borrowed N,1800 from this Plenty Cash loan shark to pay back N3,000 to them. When it became due, I defaulted for 3 days and they increased it to N4,200. I paid back N3,500 remaining N700. They still kept increasing the interest for me back to almost 4k again now. I woke up this morning to see this curse after trying to reach my contacts and my contacts denied knowing me.

Besides cursing them back, what should I do to these idiots please 😡

You mean it's actually possible to borrow as little as N1,800 on these loan apps?

rottable:
How do this guys those multiple numbers from?

A condition of giving you a loan is you give them your contacts. In some cases, their app is designed to steal those contacts in case they are needed when you don't pay.

https://www.aljazeera.com/economy/2023/12/25/the-dark-world-of-illegal-loan-apps-in-india

budaatum:
We go block any Loan App wey harass customers - FCCPC

https://www.bbc.com/pidgin/articles/cj5l1958ljjo

Thanks Sir. This "Plenty Cash" loan people want to try themselves.

Kobicove:
You mean it's actually possible to borrow as little as N1,800 on these loan apps?

Yes

Government needs to look into this loan app issues.

They give loans with exorbitant interest rate, yet mandate people to pay in an unreasonable specific period of time.

They are all the same

Look at what someone is offering me as loan

fkelly:
Government needs to look into this loan app issues.

They give loans with exorbitant interest rate, yet mandate people to pay in an unreasonable specific period of time.

They are all the same

Look at what someone is offering me as loan

I think loan applicants need to look into the loan they apply.

Why would a sensible person accept a loan for ₦6000 and accept to pay ₦10910 after 7 days unless they have no sense at all?

.