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Look At The Huge Amount Paid On 3k Loan ... - Business (2) - Nairaland

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Re: Look At The Huge Amount Paid On 3k Loan ... by fabolouz1(m): 9:35am On May 21
interest are higher depending on the days you chose to repay , if its a month it would be less and this loan sharks are not peculiar to nigeria , they are available in the UK, USA, etc and they have one thing in common : HIGH INTEREST RATE!!
Re: Look At The Huge Amount Paid On 3k Loan ... by omoredia: 9:35am On May 21
When I warned about loans many did listen. You religion says gambling is bad but u are taking loans. Which is worse?
Re: Look At The Huge Amount Paid On 3k Loan ... by fineboynl(m): 9:36am 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
government stop borrowing because they want remittances from every recharge. The telecom said most of which are from borrowing. Government said that doesn’t concerned them either they pay or stop borrowing.
Re: Look At The Huge Amount Paid On 3k Loan ... by Ikpumen: 9:38am On May 21
Among all these online loan apps, I think Opay, Okash, Palmpay, and Fairmoney are somehow genuine as one gets to see how much interest they will pay and also choose repayment plan before deciding whether or not to accept.
This is unlike others (eg Jollofcash and others) that will credit you without allowing you see the interest rate first. Those ones are evîl and should periiishhhh in heeeellllll
Re: Look At The Huge Amount Paid On 3k Loan ... by Starz825(m): 9:41am 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
Dem no fit stop nthem ..

Govt don already leave them to themselves ....whatever the case is for them...they will bear it and must not complain...na dem wan do business and they already know the risk involve..

na why dem dey always call you die to pay back .....dem no get GSI to recover unpaid money like Commercial banks....

na why their interest high.....wema bank interest na 5%....but fintech go collect 20%-40%
Re: Look At The Huge Amount Paid On 3k Loan ... by Zonefree(m): 9:42am On May 21
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?
Have you paid back yours?
Re: Look At The Huge Amount Paid On 3k Loan ... by bewla(m): 9:42am On May 21
Olaolar:
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
As how now

As how now

This na why we they die young
Not only drugs kill man
Re: Look At The Huge Amount Paid On 3k Loan ... by Starz825(m): 9:42am On May 21
omoredia:
When I warned about loans many did listen. You religion says gambling is bad but u are taking loans. Which is worse?
So person need money for something important ..make e no borrow when e no get and nobody to help

even Dangote as rich as he is dey borrow
Re: Look At The Huge Amount Paid On 3k Loan ... by Starz825(m): 9:43am On May 21
Zonefree:
Have you paid back yours?
u dey mind am cheesy cheesy

The wwwerrreeeeeey fit dey owe like that... grin
Re: Look At The Huge Amount Paid On 3k Loan ... by Zonefree(m): 9:44am On May 21
Starz825:
u dey mind am cheesy cheesy

The wwwerrreeeeeey fit dey owe like that... grin
He is a chronic debtor... I know him very well.
Re: Look At The Huge Amount Paid On 3k Loan ... by ALLNIGERIANSMAD(m): 9:47am On May 21
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?
typical statement of 419 to justify explotation
Re: Look At The Huge Amount Paid On 3k Loan ... by omoredia: 9:47am On May 21
Starz825:
So person need money for something important ..make e no borrow when e no get and nobody to help

even Dangote as rich as he is dey borrow
Keep borrowing. U are in need because you failed to plan. Oya go and take load of 1billon naira cos u are in need of house nah
Re: Look At The Huge Amount Paid On 3k Loan ... by brain54(m): 9:52am On May 21
Zonefree:
Have you paid back yours?
Not everyone is like you...


So stop projecting. For your information I don't even have or operate a fintech account.

I only have regular bank accounts.


And If I want to borrow money no be 3 or 5k I go dey find to borrow.


As for you go and pay yours. The way I know you you still dey owe at least 3 apps like this!
Re: Look At The Huge Amount Paid On 3k Loan ... by brain54(m): 9:54am On May 21
ALLNIGERIANSMAD:
typical statement of 419 to justify explotation
You walk with your eyes open inside trap dey claim exploitation...


Typical statement of an irresponsible person dodging responsibility!
Re: Look At The Huge Amount Paid On 3k Loan ... by Ifexibe(m): 10:03am On May 21
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?
They know most people won't read the terms and conditions, which is why they charge that way.
Re: Look At The Huge Amount Paid On 3k Loan ... by NaijaCover(m): 10:07am 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
You are confused, for saying that
Re: Look At The Huge Amount Paid On 3k Loan ... by brain54(m): 10:08am On May 21
Ifexibe:
They know most people won't read the terms and conditions, which is why they charge that way.
Many people read the terms and conditions and still go ahead to collect it...


Also many people collect those loans with the intention of not paying back!
Re: Look At The Huge Amount Paid On 3k Loan ... by Oceanjagaban: 10:10am On May 21
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?
you are definitely a loan agent to one of these shark loan companies
Re: Look At The Huge Amount Paid On 3k Loan ... by brain54(m): 10:11am On May 21
Oceanjagaban:
you are definitely a loan agent to one of these shark loan companies
Yes I am...

So?
Re: Look At The Huge Amount Paid On 3k Loan ... by Oceanjagaban: 10:12am On May 21
Mathewrichard99:
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........
another loan skark agent spotted
Re: Look At The Huge Amount Paid On 3k Loan ... by Reference(m): 10:13am 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.
"I live within my means...." Me nodding slowly in agreement.

That is what we want from our country too.
That is what we expect from leadership. A national, patriotic quest, a thirst for this country TO LIVE WITHIN ITS MEANS.

Meaning it values it's resources and accounts for every penny earned like you and I do.

Meaning it looks at every penny spent with utmost scrutiny to ensure it gets optimum value, that nothing is wasted.

So just as we are vexed when our money is stolen and we are alarmed when we see the interest we have to pay on credit we take so we should look at our country like we look at ourselves and implore leadership to be just as prudent and circumspect in the way it handles our collective finances particularly when it comes to credit.
Re: Look At The Huge Amount Paid On 3k Loan ... by Starz825(m): 10:21am On May 21
omoredia:
Keep borrowing. U are in need because you failed to plan. Oya go and take load of 1billon naira cos u are in need of house nah
God don help you plan well..so other struggling men go be like lazy men for your eyes...

sha dey waka jeje... angry
Re: Look At The Huge Amount Paid On 3k Loan ... by CodeTemplar: 10:24am 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.
Commercial deposit banks give loans to salary earners who are tied to them and not deposit and withdraw citizens.
Re: Look At The Huge Amount Paid On 3k Loan ... by dalongjnr: 10:38am On May 21
ppogba:
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.
We are privileged but please...
Don't talk like that. We have a lot of poor and needy people in this country.
How many people have you helped in your domain and family?
Stop blaming people if you can't help them.
Re: Look At The Huge Amount Paid On 3k Loan ... by Treasure17(m): 10:44am On May 21
Aside the fact that you borrowing to support your business or investment, I see no reason for borrowing from Fintech. I see it as a bad financial decision.
Re: Look At The Huge Amount Paid On 3k Loan ... by tollyboy5(m): 10:46am On May 21
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?
It doesn’t change the fact that taking advantage of people is fraudulent
Re: Look At The Huge Amount Paid On 3k Loan ... by ppogba: 10:49am On May 21
dalongjnr:
We are privileged but please...
Don't talk like that. We have a lot of poor and needy people in this country.
How many people have you helped in your domain and family?
Stop blaming people if you can't help them.
You asked a question and the answer is that I have helped and still helping people.

Privilege aside, the fella who has a phone to borrow money from lenders will feed if he perhaps, humbles himself to some extent.
What about knocking on a door where you are known offering to wash their cars?
A thousand and one things to do, Mr. Advocate.

The guy carrying baskets of Tomatoes at Ketu Market could have opted to borrow 3k from lenders.
Re: Look At The Huge Amount Paid On 3k Loan ... by Ifexibe(m): 10:53am On May 21
brain54:
Many people read the terms and conditions and still go ahead to collect it...


Also many people collect those loans with the intention of not paying back!
True Story.
Re: Look At The Huge Amount Paid On 3k Loan ... by highoctane: 11:14am On May 21
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.
First you didn't borrow the money.
Second: Why should you borrow 3k, when others are borrowing 3million
Third; Get some life
Re: Look At The Huge Amount Paid On 3k Loan ... by dalongjnr: 11:20am On May 21
ppogba:
You asked a question and the answer is that I have helped and still helping people.

Privilege aside, the fella who has a phone to borrow money from lenders will feed if he perhaps, humbles himself to some extent.
What about knocking on a door where you are known offering to wash their cars?
A thousand and one things to do, Mr. Advocate.

The guy carrying baskets of Tomatoes at Ketu Market could have opted to borrow 3k from lenders.
You are funny o!
If your child is suddenly sick or you urgent need to travel, you mean to tell me that you will run to ketu and carry baskets of tomatoes 🍅 at 1am to get money for urgent medical bills?
Funnily, many people borrow money not because they don't have but because they can't have access to what will give them money at this point in time.
There was a day i urgently needed about 5m, I had issues with polaris vulte.ng app. Instead of borrowing money from friends that will look down on me,I quickly downloaded softbank,inserted my bvn/nin and even got 300% higher than what I wanted.
I paid immediate i had access to my vulte app.
Infact,I don't have any bank app in my phone apart from softbank and moniepoint for upkeep and emergencies. For security reasons.
Re: Look At The Huge Amount Paid On 3k Loan ... by remirez07(m): 11:21am On May 21
Collect am and delete the app.
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