₦airaland Forum

Surety matter na lie oooo I run,,my cousin just yesterday he was telling me to hep him for recommendation letter in other for her to secure a job and this is a woman I have never see I don't know about her character

romenna:
loans r insured against death bro

Thank you .
She was not aware

piyoo91:
Don't run unclad into market because of ur hate 4buhari. Hw is he d cause... Iberibe

Udené get the meaning and run mad

The woman just kill herself. The case no enter station.

LAPO is spiritually designed.

Thanks bro, well noted.

arofemites:
Not like that. What if you need a guarantor too?
Under law, you can't be arrested for guaranteeing a defector.

You can only be informed on the defect.
Don't let anyone bully you on this.

Know your right.

hmm guarantor , without informing hubby madam i too sabi, she wanted to form god mother, when you cant eat 3 square you re going to guarantor another mans wife, with lapo of all places.

thorpido:
N200k is big money for some people o.
Moreover,this LAPO people have an embarrassing way of seeking their loans.They could bring a noisy crowd to your doorstep.They get some people locked up too.

Okay, no matter how much the money, it's not worth dying for.

smasher1:
How much property for loan that may not be up to N200k? D truth on the '' suicide'' was likely not stated here

I'm talking from standard practice, the only reason to loan a person with guarantee is for the person to worth that much as guarantor

erico2k2:
I'm talking from standard practice, the only reason to loan a person with guarantee is for the person to worth that much as guarantor

Okay

I can never be a guarantor for anybody.human beings are unpredictable.how will the woman's kids look at the woman who made their mom commit suicide.

post=80677120:
A 41-year-old woman, Mrs Shakirat Rasheed, has committed suicide inside her home in the Awotan area of Apete community in Ibadan. Rasheed's body was found dangling in her living room at about 1:00 p.m and her body was discovered dangling from the ceiling in the room by her husband who was kept in the dark about the loan and the pressure from the bank

According to reports, Rasheed allegedly committed suicide over a loan taken from a micro finance bank popularly known as LAPO. A family source said the deceased stood as a guarantor for her friend who obtained a loan from LAPO office at Awotan area and when the friend was unable to pay the loan, she went into hiding. The bank officials turned to Rasheed to pay the money, giving her an installmental payment arrangement which she must follow or be arrested. The pressure from the bank forced her into depression.

Confused as to how to get the money, Mrs Rasheed decided that the best way to get out of the dilemma was to take her life.

https://all-gists..com/2019/07/married-woman-commits-suicide-over-friends-unpaid-lapo-loan.html

did I hear anyone say LAPO? It was when one of my cousins took their loan that I realize who these guys are. He had my phone buzzing every second. The business he took the money for died before it even started. I had to come to his rescue just to be free from those evil spirits called LAPO. Shebi they will let her be now

She didn't tell her hubby

She couldn't go to various FM stations to seek help

She just took her life.

LAPO has helped so many people

And that won't stop her suffering, she made a worse decision.

otokx:
Do not sign guarantor form for anybody.

So how boyz go get admission for uniport if nobody sign?

berrystunn:
Udené get the meaning and run mad

Ezi, otu nne gi 4there. Ekwensu

piyoo91:
Ezi, otu nne gi 4there. Ekwensu

Running mad already ?
Die soon bro.
Usu... understand and die

Gforce2019:
Why can't her family stood as a surety for her?
Irrespective of your status, I can't stand as a surety for anybody.


We don't borrow in winners chapel.

I beg your pardon?

I think these microfinance houses needs to come up with better conditions with which they can grant loans to people seeking such.
What happens to the person having collateral that's worth the loan amount in the first place?
That was how one woman approached her neighbour to stand as surety for her in one finance house (not Lapo or in Oyo State) with the agreement to pay back within three months. This is a woman that's not working but relying only on the 'struggling' husband to pay back.
The neighbour out of closeness to the woman went ahead and stood as guarantor.
6 months passed already no payment, they were now on his neck and his job is under serious threat now.
Don't know why some just like to frustrate their benefactor.

Tonyspecial:
LAPO has helped so many people

loud it. Some chronic debtors here r talking shitt

breast on lantern

LAPO DISASSOCIATE ITSELF FROM THIS ON THEIR FACEBOOK PAGE.

I think mods should do the needful.
#Delete


https://www.facebook.com/435532499818556/posts/2411835052188281/

Mcy56:
I think these microfinance houses needs to come up with better conditions with which they can grant loans to people seeking such.
What happens to the person having collateral that's worth the loan amount in the first place?
That was how one woman approached her neighbour to stand as surety for her in one finance house (not Lapo or in Oyo State) with the agreement to pay back within three months. This is a woman that's not working but relying only on the 'struggling' husband to pay back.
The neighbour out of closeness to the woman went ahead and stood as guarantor.
6 months passed already no payment, they were now on his neck and his job is under serious threat now.
Don't know why some just like to frustrate their benefactor.

Collecting loans from banks or microfinance banks without having a good established investment that gives excellent profit is like signing a death sentence because their interest rate is too exorbitant i.e, 20-25%. Cooperative society loans of 8-12% looks more considerate for a profit investment.

The problem is that, most Nigerians that borrow money or collect loans, be it from banks or friends/family don't calculate and plan the future implications of such loans on their investments as well as the realistic feasibility of repayment, hence, we see a lot of inability to pay back loan or borrowed money.

Concerning the story you shared, humans are generally deceptive and manipulative when it comes to seeking financial assistance from close friends/loved ones and repaying such money. I am praying for God to give me wisdom and a nonemotional heart in the area of borrowing money or standing as a surety for close friend s and loved ones. I have over 2M that I borrowed to such persons for which paying me back has become problem for years now. Imagine the profit I would have made if I invested it in fixed income assets.

Even the close friends I stood as guarantor for both this year and two years ago disappointed me. One has to be more careful these days when dealing with financial situations with friends and family members so as to avoid unnecessary pressure and frustration in life just because you're trying to assist.

BTW, how's life with you and the NSE favour season? Happy Sunday madam!.

anjilgreat:
Collecting loans from banks or microfinance banks without having a good established investment that gives excellent profit is like signing a death sentence because their interest rate is too exorbitant i.e, 20-25%. Cooperative society loans of 8-12% looks more considerate for a profit investment.

The problem is that, most Nigerians that borrow money or collect loans, be it from banks or friends/family don't calculate and plan the future implications of such loans on their investments as well as the realistic feasibility of repayment, hence, we see a lot of inability to pay back loan or borrowed money.

Concerning the story you shared, humans are generally deceptive and manipulative when it comes to seeking financial assistance from close friends/loved ones and repaying such money. I am praying for God to give me wisdom and a nonemotional heart in the area of borrowing money or standing as a surety for close friend s and loved ones. I have over 2M that I borrowed to such persons for which paying me back has become problem for years now. Imagine the profit I would have made if I invested it in fixed income assets.

Even the close friends I stood as guarantor for both this year and two years ago disappointed me. One has to be more careful these days when dealing with financial situations with friends and family members so as to avoid unnecessary pressure and frustration in life just because you're trying to assist.

BTW, how's life with you and the NSE favour season? Happy Sunday madam!.

Madam its nice reading for you. We dey o. Happy Sunday to you too. I believed you're doing great!

You were right @ the bolded.

This particular woman I mentioned hardly picks the guy's calls again. Now the finance house left her to be pursing the guarantor up and down. Can you imagine how manipulative some human being could be!

Just zero your mind that the person might end up not paying the money back.
When they needed your favour they behave like angels but as soon as its gotten, they became something else; they'll start avoiding you or might even fight you so wouldnt be free to ask them again.

However, having such experience in the past, you should have been more careful in your dealings with the other closed friends. Although its understandable why you did it in the first place, they only chose to be ingrates. We keep learning each day. It's well dear sister.

Mcy56:
Madam its nice reading for you. We dey o. Happy Sunday to you too. I believed you're doing great!

You were right @ the bolded.

This particular woman I mentioned hardly picks the guy's calls again. Now the finance house left her to be pursing the guarantor up and down. Can you imagine how manipulative some human being could be!

Just zero your mind that the person might end up not paying the money back.
When they needed your favour they behave like angels but as soon as its gotten, they became something else; they'll start avoiding you or might even fight you so wouldnt be free to ask them again.

However, having such experience in the past, you should have been more careful in your dealings with the other closed friends. Although its understandable why you did it in the first place, they only chose to be ingrates. We keep learning each day. It's well dear sister.

I am doing great by God's grace. Thanks.

God will help us. May our good not turn to sorrow for us in Jesus name. It's well my sister.

anjilgreat:
I am doing great by God's grace. Thanks.
God will help us. May our good not turn to sorrow for us in Jesus name. It's well my sister.

AMEN!
Do have a wonderful and fruitful week ma.

Rot in hell is the right word for her stupid soul

post=80677241:
Rest In PEace..