lastchild:
are you still putting money in your bank account?

agarawu23:
I know about kwickmoney from etisalat alone and I know they do message contacts on your phone to talk to you. They will even send message to your girlfriend and toasters including your enemies that you are owing them.

NaijaDonCast:
First of all they have your BVN, most times they have the 4 last digit on your ATM, they can decide to shortlist your name from your BVN on any platform that strictly is against banking fraud, the can still use your BVN to trace your other bank transaction with other commercial banks, but at times the CBN 3RD PARTY RIGHT might not favour them if the loan app is not a reputable loan organization thereby not giving them any right to exploiting your other accts

nedekid:

Lol. You do not know the damage you have done to your credit rating based on little money.
The damage is worth millions.
Nigeria is getting to the stage like its obtainable abroad where you do not pay cash for cars, household appliances, mortgage for housing, phones etc. Your credit rating detemines acess to credit.
A friend of mine that started collect 10k with paylater and built it up to the point he collected 500k from them. He then defaulted. All the other loan companies declined his loan request citing his debt with paylater and bad credit.
He eventually had to pay his debt. When he tried collecting money again, he was downgraded to 20k!

UnknownT:
Nothing actually. A situation where you have zero naira in all your bank accounts, using your BVN wont even work, they will just be calling your contacts telling them that you owe them debt, which is not fair on them. They cant even arrest their debtors because "where dem wan see d person arrest"

omoharry:
Wow I never knew such app existed.This is really a nice concept for an emergency,especially now in these hard times.
Nigerians pls you guys should not abuse this one oo!!Remember our bank became hardened and stopped giving us loan becos of our dishonesty.They only provide loans only to people that provide them with a strong collateral and an evidence of a good paying job or stable means or income. Pls do not abuse this.I don't know why we have been program to be dishonest at every given opportunity.
The world does not trust us anymore becos we are always looking for how to cheat or outdo any good program design to help us.

agarawu23:
kwickmoney is 15% for 14 days. Check below

Catchfirez:
Once you download those app, they copy all your contact and SMS. When you default they contact all your contacts letting them know you are debtor. Avoid Sokoloan and Nodcredit. Siloam will call insult all your contact, even your dead contact wont escape it. They are so Rude, you will regret taking loan from them. As of NoDcredit. They won't disturb you, they will make sure your accumulate from 20k plus to 200k in 6 months, then they will arrest you. Only God knowshow they always find there debtor and they will make sure you pay the money before they release you. The rest na Audio threat. The only people I believe report to credit bureau is paylater and fairmoney.

pwansunriseteam:
Who have information about a loan company that can give up to 2m without any collateral. O want to go and confirm something in Canada

Edoziesmart:
Nothing will happen to you brother.

I'm owing kwikmoney 20k since September 2019.
And I don't intend paying them because there service was not fair to me at all.
I migrated to branch last November and collected 2k from them. Which I even forgot do to busy schedule.
I saw there warning messages yesterday, as I power on the phone number I used to register my bvn and bank related stuff telling me I had unpaid debt of ₦2400.

Anyway I will try and pay branch tonight.

But you see kwikmoney I don't intend paying those people till next 50 years.

Their service was poor and their loan interest was high as I collected this last money.
[b]Imagine paying 28% of ₦20k loan within 14 days. I [/b]called to their customer care about the problem and error, and they told me they will rectify it. They refused rectifying it till my loan balance was due for repayment.

That's why I harden my heart to pay them their money.

Edoziesmart:


Me I'm putting money into my bank account. Even ₦2M entered my bank as of 29 December base on btc transaction and nothing happen to the money till I transfer it out.

Kwikmoney there papa

agarawu23:
kwickmoney is 15% for 14 days. Check below

armadeo:



Were you aware of this before you took the loan or it was an error from thier side.

walex2:
i will advise people never to take loan from SOKOLOAN, that person will regret it, they charge 37 percent in 10 days, very stupid and rude people, as for getting your contact through app download is very true but i believe you can report and they will be blocked from playstore. it is illegal to collect personal data through GPS

Influential101:
What's funny? Someone lent you money and you're boasting about not paying back? really?

Even if you don't agree with the rate or whatever, go and settle it with them or atleast pay the portion you agree with..

Do not let 20k or whatever meagre amount be a stumbling block for you in the future.. Do the right thing.

Edoziesmart:


That's an error from their server.
How can I be aware and still proceed?
I love that company then, but that act made me had a rethink on using their platform again.

I might change mind and pay them when I receive free money elsewhere, just because of my credit score.

Influential101:
What's funny? Someone lent you money and you're boasting about not paying back? really?

Even if you don't agree with the rate or whatever, go and settle it with them or atleast pay the portion you agree with..

Do not let 20k or whatever meagre amount be a stumbling block for you in the future.. Do the right thing.

mascot87:



Flee from Soko loan. If you owe them, they will send embarrassing messages to all your contact that you are fraudulent and that they will arrest you.

UDOKABESTLUV:
Hello, My Fellow Nairalander, What Will happen to the person, if he/she fail to pay Loan he/she borrowed From Loan App Company Because Of One Reason Or The Other.
I Need To Hear From You Guys!

Edoziesmart:


Kwikmoney told me as of September that they will breach my privacy and call and text all my contact telling them all that I'm owing their company. Till now none of the thousands contacts I have on my android phone, tell me that kwikmoney contacted them on my unpaid debt.

UDOKABESTLUV:
Hello, My Fellow Nairalander, What Will happen to the person, if he/she fail to pay Loan he/she borrowed From Loan App Company Because Of One Reason Or The Other.
I Need To Hear From You Guys!

toniblacman:

It's called 'Branch'

Johans1991:
pls how can i borrow from that apt. i realy need it now

walex2:
i will advise people never to take loan from SOKOLOAN, that person will regret it, they charge 37 percent in 10 days, very stupid and rude people, as for getting your contact through app download is very true but i believe you can report and they will be blocked from playstore. it is illegal to collect personal data through GPS

NaijaDonCast:
First of all they have your BVN, most times they have the 4 last digit on your ATM, they can decide to shortlist your name from your BVN on any platform that strictly is against banking fraud, the can still use your BVN to trace your other bank transaction with other commercial banks, but at times the CBN 3RD PARTY RIGHT might not favour them if the loan app is not a reputable loan organization thereby not giving them any right to exploiting your other accts