Look At The Huge Amount Paid On 3k Loan ... - Business

Look At The Huge Amount Paid On 3k Loan ... - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Look At The Huge Amount Paid On 3k Loan ... (20031 Views)

Look At The Huge Amount Paid On 3k Loan ... by Olaolar(op): 6:30pm On May 16

All this loan app will crick advertisment on net everywhere ..
like borrow 50k to pay 51 borrow 100k to pay 101k

. they're all big fat lairs.

21 Likes

Re: Look At The Huge Amount Paid On 3k Loan ... by Olaolar(op): 6:32pm On May 16

Olaolar:
All this loan app will crick advertisment on net everywhere ..
like borrow 50k to pay 51 borrow 100k to pay 101k

. they're all big fat lairs.

I wrote them on twitter tho. Nothing good came out .. why can someone pay almost 2k on 3k loan

3,000 to pay 4,900. Waiting haaAAAAAppen

23 Likes 1 Share

Re: Look At The Huge Amount Paid On 3k Loan ... by brain54(m): 6:34pm On May 16

I think they do that because of the high risk involved...

Most people don't pay back those loans. And I'm sure you saw the interest rate on the amount before agreeing to and accepting the terms?

How can you be complaining after you collected the loan?

71 Likes 5 Shares

Re: Look At The Huge Amount Paid On 3k Loan ... by SirWhiteFish: 6:36pm On May 16

Just like the network airtime borrowing was
Stopped. The government should also stop those loan App borrowing. It has to stop.

Let people rely on their friends and families

66 Likes 1 Share

Re: Look At The Huge Amount Paid On 3k Loan ... by eepeepook: 6:56pm On May 16

I don’t borrow on a regular day because I live within my means. This thread means nothing to me.

23 Likes

Re: Look At The Huge Amount Paid On 3k Loan ... by Gotocourt: 9:14am On May 21

Naso my one of my babe told me she wants to lend money but don't want pressure when paying back shocked

. I simply told her to collect from Opay, palmpay, Lapo and fairmoney.
Hahahaha, abi you know no 🤣 grin

Anybody wey ask for funds, give same advice, All the good people wey go pay back for Nigeria don die. All this loan sharks online companies are doing a good job tongue

No gree make Dem give you BP on your funds🤷🏿

8 Likes

Re: Look At The Huge Amount Paid On 3k Loan ... by Helpfromabove1(m): 9:14am On May 21

Loan shack on the beat

I taught they have stop because I don’t receive call and messages of someone I know as used me as guarantor and I should tell them to pay …….

Or he is a fraudster on the run …. Story again

4 Likes

Re: Look At The Huge Amount Paid On 3k Loan ... by NaijaHelper1(m): 9:15am On May 21

I don't get. You didn't look at the terms before borrowing?

3 Likes

Re: Look At The Huge Amount Paid On 3k Loan ... by Ahayalift: 9:15am On May 21

eepeepook:
I don’t borrow on a regular day because I live within my means. This thread means nothing to me.

Despite that you have the "Never Borrow" Grace, it should mean alot more even to you. interesting times, we all need to Read this before it becomes too late: https://www.nairaland.com/8664919/decoded-deciphered-generation-supreme-spirit

2 Likes

Re: Look At The Huge Amount Paid On 3k Loan ... by dalass(f): 9:15am On May 21

Don't borrow from loan apps, period. They're terrible

12 Likes 2 Shares

Re: Look At The Huge Amount Paid On 3k Loan ... by Mirasteel: 9:15am On May 21

I blame all those people borrowing money, those loan shark are frauds, all of them.

9 Likes 1 Share

Re: Look At The Huge Amount Paid On 3k Loan ... by dre11(m): 9:17am On May 21

Why borrow from this fintech and not your regular bank which you use always.

I live within my means, no borrowing.

4 Likes

Re: Look At The Huge Amount Paid On 3k Loan ... by muyeindaclub(m): 9:17am On May 21*

What I seeing is a 2 Months loan. Is fair enough for online loan

4 Likes 2 Shares

Re: Look At The Huge Amount Paid On 3k Loan ... by kimjessey2019: 9:18am On May 21

Why is Nigeria government not doing anything about these loan apps? FCCPC and CBN is doing a very bad job weak .

1 Like

Re: Look At The Huge Amount Paid On 3k Loan ... by donmixc: 9:18am On May 21

lol

una never see anything. tinubo will show una pepper grin

6 Likes

Re: Look At The Huge Amount Paid On 3k Loan ... by Backlinker01: 9:18am On May 21*

Online borrowing has been dominated by loan sharks.
Please be careful when borrowing and check interest percentages. Loan companies are good in luring with fictitious interest rates, that is the main trap.
Well here are a list on loan apps anyone planning on borrowing should consider:

https://www.top5.ng/top-10-best-licensed-loan-apps-nigeria/

1 Like

Re: Look At The Huge Amount Paid On 3k Loan ... by Mathewrichard99: 9:19am On May 21

Don't mind him. Hunger wired him to blindness and couldn't read about the interest and payment conditions before agreeing to collect the loan. He better close eyes and pay before they start calling and sending messages to his dead ancestors, his ex girlfriends, family group and work place if he even get a job sef........

brain54:
I think they do that because of the high risk involved...

Most people don't pay back those loans. And I'm sure you saw the interest rate on the amount before agreeing to and accepting the terms?

How can you be complaining after you collected the loan?

1 Like

Re: Look At The Huge Amount Paid On 3k Loan ... by dododawa1: 9:19am On May 21

Government should stop all this app borrowing

Like

Network did

1 Like

Re: Look At The Huge Amount Paid On 3k Loan ... by atobs4real(m): 9:21am On May 21

This loan companies are evil and they don't mean wrll for Nigerians. I will keep laughing when they take their money away.
A loan of 12k and h wi repay almost 19k

6 Likes 1 Share

Re: Look At The Huge Amount Paid On 3k Loan ... by dalongjnr: 9:21am On May 21

We as people and government needs to look at this exploitation.
There should be a cap for all of this.

1 Like

Re: Look At The Huge Amount Paid On 3k Loan ... by ppogba: 9:22am On May 21

And this fella too will be calling someone poor.

Your own poverty get NDLEA sticker.

1 Like

Re: Look At The Huge Amount Paid On 3k Loan ... by zinaunreal(m): 9:22am On May 21

You see am abi you no see am before you chop their money? 😆 Now you dey form advocate

3 Likes

Re: Look At The Huge Amount Paid On 3k Loan ... by jojo1415: 9:23am On May 21

If u no get money,better drink garri or stil borrow from ur friends around don't try online loan,they don't mean good for Nigerians....to avoid embarrassment.

3 Likes 1 Share

Re: Look At The Huge Amount Paid On 3k Loan ... by ppogba: 9:24am On May 21

dalongjnr:
We as people and government needs to look at this exploitation.
There should be a cap for all of this.

If everyone stays away, there will be nothing for government to look into.

When you borrow N3k to buy colos, look in the mirror nigga.

Re: Look At The Huge Amount Paid On 3k Loan ... by Stephen0mozzy: 9:24am On May 21

SirWhiteFish:
Just like the network airtime borrowing was
Stopped. The government should also stop those loan App borrowing. It has to stop.

Let people rely on their friends and families

Some people have zero credit score in their own circle, that even their mother will not loan them money.

Not justifying the exorbitant interest though, but Nigerians are high risk.

1 Like

Re: Look At The Huge Amount Paid On 3k Loan ... by Ade1177: 9:26am On May 21

Before they gave you the loan. They must have told you the amount to pay back

Why complain here

Na una dey carry osho agree price

Then after decline to pay

Re: Look At The Huge Amount Paid On 3k Loan ... by gigabyte13: 9:26am On May 21

Dem force you to borrow.... huh

?
Wertin you find go there side....
Make una stop all these nonsense
If you no fit go borrow from your family and friends, don't curse out loan apps , they are not charity organizations.
They are out there for business
You guys should stop demonizing them

Though they are very very useless and exploitative

1 Like

Re: Look At The Huge Amount Paid On 3k Loan ... by Lovelife433(m): 9:30am On May 21

Those loan app are very terrible. How can a loan app borrow you 20k to pay 45k in less than 2 month? This is why some people find it difficult to pay back.

1 Like 1 Share

Re: Look At The Huge Amount Paid On 3k Loan ... by IsraeliAIRFORCE: 9:31am On May 21

dre11:
Why borrow from this fintech and not your regular bank which you use always.

I live within my means, no borrowing.

Who uses commercial banks for daily transactions?

Re: Look At The Huge Amount Paid On 3k Loan ... by Gbadugbakun(m): 9:32am On May 21

Do loan apps still exists I thought they all died with Buhari.

Re: Look At The Huge Amount Paid On 3k Loan ... by AntiChristian: 9:34am On May 21

Alhamdulillah interest is haram!

2 Likes

1 2 3 Reply

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