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What Will Happen If One Fails To Pay Back Loan From Loan App? - Business (11) - Nairaland

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Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:47pm On Jan 12, 2020
cliffypatt:


I need a small loan, so please can you recommend good loan apps that will grant me the loan?
Get in touch with me Now, check my profile picture
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Happyguy201: 7:48pm On Jan 12, 2020
UDOKABESTLUV:

U have sense bro, what if the person No get money at the moment to pay back the loan


If you don't have then fuvking talk to the loan people so they can either expend your tenor or or give you some time instead of trying to cheat . It shall never be well with who ever did this to nigerians .
[color=#006600][/color]

2 Likes

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:50pm On Jan 12, 2020
SURElee:
Imagine. Already thinking of absconding from paying loan after come and cry your life/future turn upside down for you, you hear.

If you ever want to progress and in peace never ever conceive and hatch out the idea of stealing from another person.

Because seed time and harvest and sowing and reaping will never cease as the earth remains. No deliverance in MFM will save you from the law and covenant of sowing and reaping from the seeds you sow.
Are you owning loan company
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:51pm On Jan 12, 2020
segunmelvin:
mine is over a year
Tell Me More Please
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Mouthgag: 7:53pm On Jan 12, 2020
olasco2035:

Oh boy those people don call me tire....they don't even bother to call again...and nothing do me...I even deleted the app
Imagine!

You are one of the problems of this country.

YOU DESERVE A PRISON TERM!

2 Likes 1 Share

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:53pm On Jan 12, 2020
Fa44me:
Hummmmmm, well said. I got 20k from that carbon last year. I was able to pay the first loan, but the second one, hummmm, up till now, l have not been able to balance up. But as far as l'm concerned, l will pay up the debt. It's not not good if one doesn't pay what one owes. Op, God will provide for you to pay your loan.

Do you want to show potential love to me
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:54pm On Jan 12, 2020
mhizv:
Your account is flagged, meaning you can't take loans from order apps.

I think palm credit/pay later deducts what you owe from your account.

The other literally sends messages to your contacts to remind you of your debt grin
Have you experienced that before now
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by akaahs(m): 7:55pm On Jan 12, 2020
UDOKABESTLUV:

Do you want a Loan boss
Yeah
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:55pm On Jan 12, 2020
donPhill:
omo branch don suffer... dem de my neck like this since last year but man never see level pay them... i don receive all the threats and calls, upon all these, money enter that same account but them never move am, i las las come lost my phone, tried reinstalling to pay back but them no gree send code to my phone to confirm my no...

las las na toothless threats o
How Much Are you owning them
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:56pm On Jan 12, 2020
omoadeleye:
Foolish people una go borrow money and no wan pay back na ogun go kill all of una
Bro, I will report your account to moderator, be careful
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by mrjojo: 7:56pm On Jan 12, 2020
See why it's hard to do honest business in this country? Nigerians are always looking for ways to default or take advantage, See this one, a company that helped you when you were down and desperate, now you are looking for ways to defraud them, if people keep defaulting and they go bankrupt how will you or anyone in a fix get help next time? Nigerians, always so short-sighted, smh!

3 Likes

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:57pm On Jan 12, 2020
SEGLIZ:

can you recommend some other reliable platform that offer this credit facility.
kindly please how does it work?
Do you want a Loan, for your Business
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:58pm On Jan 12, 2020
Jesse25:
Thief go pay your debt and stop killing someone business
Who are you calling thief, I will report this account to moderator now for hate speech
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:59pm On Jan 12, 2020
akaahs:

Yeah
Check My Signature For My Details
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 8:00pm On Jan 12, 2020
Happyguy201:



If you don't have then fuvking talk to the loan people so they can either expend your tenor or or give you some time instead of trying to cheat . It shall never be well with who ever did this to nigerians .
[color=#006600][/color]
Will You Show me some love bro
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by hidhrhis(m): 8:00pm On Jan 12, 2020
UDOKABESTLUV:
Tell me more please
they will only threaten you if you don't pay they've got nothing to do they are not calling or messaging me anymore I think they've counted it as bad debt
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by mujaya1(m): 8:10pm On Jan 12, 2020
UDOKABESTLUV:
Get in touch with me please
ok ,as how
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Greatdesi(m): 8:13pm On Jan 12, 2020
UDOKABESTLUV:

What if the person is dead nko, OR the person No get money to pay them back at the moment
. Are you planning to die anytime soon?

1 Like

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 8:18pm On Jan 12, 2020
Greatdesi:
. Are you planning to die anytime soon?
I ask a simple question bro
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 8:18pm On Jan 12, 2020
mujaya1:
ok ,as how
I want us to talk
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 8:19pm On Jan 12, 2020
hidhrhis:

they will only threaten you if you don't pay they've got nothing to do
they are not calling or messaging me anymore
I think they've counted it as bad debt
What about if the person way borrow the money later die, what will they do
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by luluosas(m): 8:21pm On Jan 12, 2020
It won't be funny at all. I have to quickly offset loan with Carbon which was to become late payment by 12 midnight this night.
In fact, I am at peace with Access Bank quick loan which I have been using for 3 months now without being a salary earner.
I liquidated my loan that was due since 25th December just 3 days ago, and I was able to apply for another one today though I was given a lesser amount due to the fact that I defaulted for the previous repayments.
In all, Bank quick loans are better than these Apps operated loan companies because of the sharp differences in interest rates.

3 Likes 1 Share

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by luluosas(m): 8:24pm On Jan 12, 2020
I am doing to dump Carbon the same way I dumped Kikmoney (now Migo). Imagine carbon telling me I can't collect loan of 20k with a month repayment, except two or three months repayment. What rubbish!

Neduzze5:

How much did you borrow from that nonsense Branch that you were unable to pay back sef? Branch that finds it hard to give out better money.

@OP, basically there is what we call Credit Reports which is currently been handled and overseen by Credit Bureaus. It's like what we have in advanced countries.

Where you are unable to repay your loan on time, most loan companies give you a lifeline of one month or less.

After that, your BVN, the amount you owe and other details are sent to the Credit Bureaus who then upload it to your report.

It starts to count against you and you may become unable to access loans both from banks and other loan apps until you repay your debt.

As such, always ensure to pay your loans on time. Take loans from better loan companies that give you longer periods of repayment like Carbon, etc.
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Nobody: 8:26pm On Jan 12, 2020
toniblacman:
Well...sometime in April last year, my man...I took a chikini loan from this app, I used to get loans from the company, for about four occasion, but this last one con get as e be... this money refused to show up when I suppose pay back based on as area just be. Then I started getting notifications on notifications every gaddem days....later notifications turned to threats of being blacklisted my man ..e reach one time na calls dem con dey gimme to know why I never pay up judging by my record with dem. To cut long story short sha after weeks wey man no even see dis tin arrange dem confirm the threats. Now I no go fit say I wan obtain any loan from any company offering similar service unless I pay that money up and dem remove my information from that blacklisted zone. But wetin con surprise me pas be say ... nothing do me.
Until you wanna go apply for visa or international job

1 Like

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by omotowo2: 8:30pm On Jan 12, 2020
Neduzze5:


I was using Branch before but after borrowing and paying back 5k for four good times, they still wanted to give me same 5k on my next request despite my timely payments.

I rejected it, called their office and requested them to close my account with them. They did so and I moved to Paylater now Carbon.

Ever since then, I've had rest of mind. At least Carbon allows you pay monthly unlike Branch where you have to pay at the end of every week.
it is a lie. I pay my they to branch and my credit limit is over 30k now

1 Like

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by luluosas(m): 8:30pm On Jan 12, 2020
Please, kindly pay off the loan for your own good.
You might not be threatened now if you choose not to pay. But believe you me, it will certainly count against you in the future when you have long forgotten that you once owed a debt you deliberately refused to pay. Thank you.
hidhrhis:

yeah branch they even said they will report me to one bureau I can't really remember sent me multiple messages claiming If I don't pay in 48 hours I won't be able to borrow again even calls
it being close to a year now nothing happened
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Cjayboy: 8:35pm On Jan 12, 2020
* Your BVN will be blacklisted.
*You will be published on the CREDIT BUREAU portal as a debtor, hence; you can't access loan in any financial institution in Nigeria, micro finance Bank inclusive.
Better pay nowoooo
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Nobody: 8:37pm On Jan 12, 2020
AwkaetitiBabe:
Until you wanna go apply for visa or international job
Oya! Shebi you be consul
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by charliebiz(m): 8:38pm On Jan 12, 2020
Be very careful when you collect such loan. I won't reveal much but someone got deported from Canada because of such loans from a bank. He thought he had gotten away until the bank made calls to embassy and he was deported without given the opportunity of trying to pay back.

2 Likes

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Reffone: 8:43pm On Jan 12, 2020
Yes 07031094338
UDOKABESTLUV:

Are you on whatsapp bro

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