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We Are In A Lawless Country! Just Look At This Fairmoney Loan - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessWe Are In A Lawless Country! Just Look At This Fairmoney Loan (1741 Views)

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We Are In A Lawless Country! Just Look At This Fairmoney Loan by Flier(op): 9:57am On Nov 01, 2025
How can the central bank allow this to happen,you borrow 50k just to pay 92k in just 4 months
We need to start calling them out ,this is slavery not a loan

Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by Nobody: 10:00am On Nov 01, 2025
Evidence that we’re the ones killing ourselves🤦‍♂️🤧
🚶‍♂️
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by jetguy(m): 10:00am On Nov 01, 2025
They are not forcing you to collect it na... leave them and try CBN....Las Las, after collecting it, you wouldn't even repay them 🤗
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by richiemcgold: 10:04am On Nov 01, 2025
That's about 82% interest rate.
🤥
.. o ti poju na!
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by Zonefree(m): 10:09am On Nov 01, 2025
"When the Borrower starts to check the interest rate, months after collecting the loan, be rest assured he has no plan of paying back"



- Lucaz Parades 1878
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by Flier(op): 10:25am On Nov 01, 2025
jetguy:
They are not forcing you to collect it na... leave them and try CBN....Las Las, after collecting it, you wouldn't even repay them 🤗
Just look at yourself,this is a crime in a civilized world if you don’t know it
This is not a loan but a criminal activities
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by bluebay(m): 10:43am On Nov 01, 2025
You collect am abi you nor collect am ?
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by EvaWriter: 11:10am On Nov 01, 2025
While some of them are mannerless
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by WorldRichest: 11:12am On Nov 01, 2025
Flier:
How can the central bank allow this to happen,you borrow 50k just to pay 92k in just 4 months
We need to start calling them out ,this is slavery not a loan
Go and pay your before they come and collect your children as collateral
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by Hullcity: 11:17am On Nov 01, 2025
bluebay:
You collect am abi you nor collect am ?
cheesy
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by kettykin: 11:24am On Nov 01, 2025
30% interest rate, if you are tired of Nigeria say so.

This is the fate of most companies in Victoria Island and ikoyi , under this quacks mismanaged economy by APC-led regime.


Now most united states company like Microsoft, Apple, Facebook are now worth more than all Nigerian banks , fintechs, telecommunications companies combined, every day the government comes up with rubbish economic policies
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by xtivin(m): 11:42am On Nov 01, 2025
Flier:
How can the central bank allow this to happen,you borrow 50k just to pay 92k in just 4 months
We need to start calling them out ,this is slavery not a loan
No be their fault,anybody borrowing person money now na risk😂😂😂. The government no Dey help for recovery
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by Major7: 2:07pm On Nov 01, 2025
They’re pure evil and my own annoyance is when they perpetually call and message you to come borrow with some coupons of free days of interest. That’s how they tricked me into borrowing 260k telling me I have 12 days free coupon, I borrowed without even needing it but wanted to increase my credibility with them,paid back on the eleventh day and to my surprise they started messaging and calling me to pay up an interest of 76+ 😂.
I poured out my annoyance on one of their recovery agents and told them I’m not paying a a dime interest, and will sue them for any defamation done.
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by Major7: 2:09pm On Nov 01, 2025
richiemcgold:
That's about 82% interest rate.
🤥
.. o ti poju na!
They’re dubious and very tricky. That’s why most people always default cos they feed on the weakness of others.
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by PUNANI01: 3:45pm On Nov 01, 2025
Did they force you to take the loan or what?
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by Esthered: 5:13pm On Nov 01, 2025
The loan has no security hence the high interest. Nigerians don't have integrity when it comes to loan repayment.
Open a collateral free loan company and give out loans at 20%.
The premium is due to the risk embedded in the loan.
Even banks with secured loans, aren't you seeing them and your elites in courts on a regular basis with the most recent Nestoil
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by BItt: 6:50pm On Nov 01, 2025
The government should put a total stop to all loan apps once and for all.
It doesn't speak well of our economy and the government itself
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by BItt: 6:51pm On Nov 01, 2025
Esthered:
The loan has no security hence the high interest. Nigerians don't have integrity when it comes to loan repayment.
Open a collateral free loan company and give out loans at 20%.l
This is a very sick excuse to justify loan sharks.
Is that where you work?
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by techWriter001: 7:57pm On Nov 01, 2025
Are you kidding? You borrowed 50k to pay 92k in just 4 months? That's not a loan, that's a death sentence. The central bank is complicit in this mess, and we're all just pawns in their game of financial slavery. It's time to wake up and smell the desperation.
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by Esthered: 8:05pm On Nov 01, 2025
BItt:
This is a very sick excuse to justify loan sharks.
Is that where you work?
No sir. Start a lending business and let's see what your rate will be.
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by nifemi25(m): 8:26pm On Nov 01, 2025
The question still remain were you not informed before you requested for the loan?
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by Peakdesign23(f): 9:20pm On Nov 01, 2025
These people are just doing too much, what's the point of adding extra interest? Thieves!
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by CharlotteFlair: 10:33pm On Nov 01, 2025
Loans to a faceless person and without collateral, what do you expect?
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by buckeyemedia: 10:16am On Nov 03, 2025
kettykin:
30% interest rate, if you are tired of Nigeria say so.

This is the fate of most companies in Victoria Island and ikoyi , under this quacks mismanaged economy by APC-led regime.


Now most united states company like Microsoft, Apple, Facebook are now worth more than all Nigerian banks , fintechs, telecommunications companies combined, every day the government comes up with rubbish economic policies
Every poor person will blame The APC.

It is always easier for a failure to blame someone else for their failure.
Re: We Are In A Lawless Country! Just Look At This Fairmoney Loan by buckeyemedia: 10:19am On Nov 03, 2025
BItt:
The government should put a total stop to all loan apps once and for all.
It doesn't speak well of our economy and the government itself
Me that has never collected a loan b4, I should blame which government for the loan that another person collected abi?
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