₦airaland Forum

Goalnaldo:
I dey owe like two currently. I will pay when I become financially stable but for now Truecaller is doing the Lord's work by blocking off those calls 🤙🏽

And you're happy! clap for yourself for ruining someone's business. Well done.. This is why your friends, family members won't or don't lend money to your type.

Yoruba movie has entered your head

Who isn't progressing. If you need a job it's better you chat me up so I can employ you mumu

LoanShark:
So you think this is something to be proud of?

No wonder why you're not progressing

Palmpay n easybuy r d worst for me. Avoid them. Few weeks of default these guys were already sending threat messages with curses. Then they started calling my family members. Mind you, their overdue charges for these weeks was outrageous. Miraculously God provided for me, i cleared d loan upfront. Only for the yeye people to start calling me daily, lobbying me to collect another loan, dat my credit score is now high. Hmmmm i got tired, i deleted the easybuy app, block all their numbers n close two of my palmpay account.
I hve decided to add okada work at night to my husle, is better for me now than all this loan app. 6 months now i ve no reason to borrow a dime, n my salary is nw coming complete.
Avoid loan, just add little hussle to ur existing job, dats all.

LoanShark:
Do not take loans from an online loan app if you do not have a source from which to repay the loan

The way they are pushing it down people throat, their ads are everywhere you turn to

DuttyChuks:
And you're happy! clap for yourself for ruining someone's business. Well done.. This is why your friends, family members won't or don't lend money to your type.

Why advertising a a business that your proclaim a particular interest rate on advert while actually offering another thing entirely.

Richie0001:
Nothing hilarious here. If you are owing a financial institution, try and clear your debt to keep the system running. Else where, such financial institutions provide capital support for small businesses to strive. They need to be encouraged not to be frustrated

Riddle me financial institutions take customers money pay only 2% a year, but charge loan customers 40% a month see the disparity. Isn't it robbery?
Loans are insured, if the guy defaulted, insurance covered it already. They should stop the theft.

Richie0001:
Nothing hilarious here. If you are owing a financial institution, try and clear your debt to keep the system running. Else where, such financial institutions provide capital support for small businesses to strive. They need to be encouraged not to be frustrated

all of them should go to hell..person go collect 5k to pay 7500 in 6 days if u don't pay after 2 weeks it becomes 13k..I nor even they answer them again just collect their money and ignore them then download the next loan app collect again and pretend u did not collect loan then look for the next victim it's as simple as dat waiten cosign me

Credit score will solve the problem.

If they integrate credit score system with your NIN, people will learn not to borrow recklessly, since they won't have a chance to borrow again.

Glimpsetv:

https://www.youtube.com/watch?v=mMSjzZxld1U?si=GE3xchQ1o53BPtBk

What is hilarious about this stupidity this guy just displayed here?

Goalnaldo:
I dey owe like two currently. I will pay when I become financially stable but for now Truecaller is doing the Lord's work by blocking off those calls 🤙🏽

😂😂😂😂

Original content she want talk say come snfj hdbdn

Richie0001:
Nothing hilarious here. If you are owing a financial institution, try and clear your debt to keep the system running. Else where, such financial institutions provide capital support for small businesses to strive. They need to be encouraged not to be frustrated

Loan apps deserve this cos they are criminals....they cheat FG. They go against CBN rules and guidelines, but they want those that collect money from them to follow theirs... its illegal to collect more than 4 to 5 percent a month on interest...anything more than that is criminal .... these guys charge over 50% a month ....that's against all financial rules

What is funny here? More reason why I don't lend money.

Tomorrow he will be wondering why his visa is rejected, not everything is cruise, if you take a loan pay it back.

3kay945:
Hope you know you can't borrow money from Nigeria bank. They must have flagged you already.

Baddest

Loan sharks are different from banks bro


Nothing concern banks with loan sharks.....na their fellow loan apps go flag you if you don't repay...


Banks don't even charge as much as they do....

Can't borrow from these app for my peace of mind.

18 more characters needed

Staged call. No interruption at all. She calmly wait for him to finish telling her nonsense.

Content creatures abi creators, make una rest

Is this criminal act supposed to be funny?

The comment section says more of a typical Nigerian.

GSI mandate dey wait the werey

Him mind go dey very soon

FineUsername:
Make wuna dey pay wuna debt abeg. See people wey want make county better.


Nigerians! God forbid.

Nigerians deserve Nigeria, na cultural issue

He's a thief..I don't consider him witty..he's a thief and can't make much progress with this mentality

Omoapena:
I don't know how their ads are being approved for public consumption, they will advertise to take loan of 100k and pay 100,500 back but once you take the loan, they will ask you to pay 160k back and you will be wondering how 100,500 turned to 160k.

sue them go court na make them expose your illiteracy. You no sabi read terms and conditions abi

Because Nigerians are not very good at repayment of debt

Yorubastardz:
Loan app should give out more loans this period. Nothing is wrong with loans.

In USA the cars clothes and homes are loans
That is one thing they won't tell you about abroad. Americans live and breathe on loans

Why not Nigerians??

77up:
The guy think that's funny. Only if he knows that many businesses are packing up because of such attitude, you take goods or money and failed to pay back . Even many are losing their job because of that. People like that caller , obviously, that's her JD , once she did not meet up due to that senseless attitude displayed by that chronic debtor, she will be either sacked or frustrated out of job once she couldn't meet up.

But why should the loan apps advertise interest rates lower than the actual interests they are charging, that is deception

Richie0001:
Nothing hilarious here. If you are owing a financial institution, try and clear your debt to keep the system running. Else where, such financial institutions provide capital support for small businesses to strive. They need to be encouraged not to be frustrated

lol. which business will thrive and succeed with loans from loan apps, with such huge interests and short time duration, especially those of weekly time-frames. The loan apps are actually sucking the financial life blood of Nigerians.
No business succeeds in Nigeria, with loan apps, with such huge interests , let's stop deceiving ourselves.
with all their curses, defamations and stress the loan apps are famous with, Nigerians are better off, without their activities, except the FG sanitize that sector, unfortunately the loan apps menance affects only the masses, therefore it's none of the insensitive government's headache.

All these loan apps self. They go just they create their own interests. That guy was ready for war

If you borrow, Pay back nobody forced you to borrow.




This omeone business

Obierika:
This is one of the reasons why credit card system will never work in Nigeria

imagine, someone will borrow with intention of not paying back.



And they are proud of it.


See them all over the thread

RickyJesus:
Won't they libel you by posting all those crazy stuff about you to your WhatsApp contacts?

Check my signature if you have similar experience

Jman06:
Those loan apps are just criminals taking advantage of people's vulnerability to swindle Nigerians.

Did they force anyone to take the loan?.



9 more characters needed

The problem is that you never know where these things can lead. It only takes one policy, one piece of legislation and the lives of loan defaulters can be in ruins.

As long as your identity is involved nothing is final.

Lekby25:
But why should the loan apps advertise interest rates lower than the actual interests they are charging, that is deception

You are right , that's deceptive I agree with you but trust me , deceptive or not, many Nigerians are worst credit wise. I have worked in a financial institution, specifically in a credit bureau department. If we check 100 people credit record using their BVN, you will see them with lost loans. It's bad, it's killing business.