Lexusgs430:



That BBL, no be free money ó........ Pesin wey chop gbi, go pay gbi............

Lexusgs430:


That BBL, no be free money ó........ Pesin wey chop gbi, go pay gbi............

justwise:


Still not a good deal considering the fact that moneyflex gives 551 and charges less than £2,

Ace money does it for free for 520

LagosismyHome:


I wonder how these exchangers make money ..... because some rates are good. does your agent charge a transfer fee?.

spacyzuma:




Any helpful info regarding these posts, please?

wonlasewonimi:


Bros I have never seen anyone give out free money like this in my life. People that have relocated applied and got it. How do you expect that to be paid back?

marylandcakes:


They always give you the black market rate but they make their money by charging a transfer fee. I always shop around. I’ve got about 3 agents on speed dial. And they always better than Ace, money wise or moneyflex. The only difference is that an agent is not 100% safe. If anything happens there’s no one to cry to except the person who introduced you.

justwise:
[/b]

I have used those agents in the past even those who charge £5 commission but i stopped when i considered the risk involved.

Lexusgs430:



Those that have not relocated nko.........

marylandcakes:


Yes it’s just the risk. But when you’ve been using the same agent for close to 10 years, you become complacent and hope that they don’t betray your trust. That’s where I am now. If it happens, it happens...

justwise:


Those agents are not better, i have used many before i get to know the likes of Azimo, Sendwave and the rest.

wonlasewonimi:


Sebi everybody go dey inside ir35 from next year, all Ltd companies go switch off... Come dey chase am na

Bourne007:
Common oga Lexus .. But this is so untrue .. I use Monzo for small and/or hefty and never pegged. I have friends who use Starling Bank for business and theirs have never been pegged and even recognised by the govt for BBLS.

Probably the one u dey use na China product so wouldn't be surprised if pegged

Lexusgs430:



If you don't own a property now or ever. very good........

If you own a property, expect a charge on that property........

Some fish bones are not always from mackerel, if shark bone hook you for throat............

wonlasewonimi:


Yinmu..how can anyone charge a property that I didnt put down as collateral when applying for a loan. Also, if the property is jointly owned nko?

The BBL is so unbelievably flawed. The banks don't care cos the government has already guaranteed defaults. I even heard some Asians got up to 250k using all their dormant accounts.

Lexusgs430:



A non secured loan, can be charged on a property (collateral or not), (joint ownership or not)......

If a charge goes on a property, both owners would receive a letter from the land registry, informing them of charge......

Shark bone to throat..........

wonlasewonimi:


You're a great joker mate. An unsecured loan cannot be charged on a property. Aside that the concept of separate legal entity is in force here...the business took the loan. The worst they could do is for debt collector to be chasing the director, they still have to go through courts to pierce the veil of incorporation. He can file for bankruptcy and they put markers on his credit file which become statute barred after 6 years. He can then become a born again!

With this one, UK govt don chop gbese.

wonlasewonimi:


You're a great joker mate. An unsecured loan cannot be charged on a property. Aside that the concept of separate legal entity is in force here...the business took the loan. The worst they could do is for debt collector to be chasing the director, they still have to go through courts to pierce the veil of incorporation. He can file for bankruptcy and they put markers on his credit file which become statute barred after 6 years. He can then become a born again!

With this one, UK govt don chop gbese.

Lexusgs430:



An unsecured loan cannot be charged on a property?

Please, read up on this subject........

wonlasewonimi:


No. They can try it but it doesnt work. There's a pre-existing mortgage on the property. So, you think the lender will be looking like bolo?

wonlasewonimi:


No. They can try it but it doesnt work. There's a pre-existing mortgage on the property. So, you think the lender will be looking like bolo?

wonlasewonimi:


No. They can try it but it doesnt work. There's a pre-existing mortgage on the property. So, you think the lender will be looking like bolo for you to try and sell to get your own money abi?

Lexusgs430:



https://www.google.com/amp/s/www.moneyadviceservice.org.uk/en/articles/secured-and-unsecured-borrowing-explained/amp

wonlasewonimi:


No. They can try it but it doesnt work. There's a pre-existing mortgage on the property. So, you think the lender will be looking like bolo for you to try and sell to get your own money abi?

wonlasewonimi:


This could include applying for a charging order on your home - although they should make clear upfront, whether or not this is part of their business strategy.

Law is very interesting bro

Lexusgs430:



Not many people truly understand the property charge concept, so i would pardon you....

Others should please learn........

wonlasewonimi:


If the property charge route is that easy, no one would default in this country.

Lexusgs430:


I am glad you saw the light...... Not many people understand this.......

Even credit card debts can be charged on a property......

Lesson 101, on property charge..... OVER.....

wonlasewonimi:


You missed the point...when BBL was taken at what point did you tell me my property is at stake if I default?

Mortgage default is the only sure banker to reposess the property. This would have been agreed from outset.

wonlasewonimi:


You missed the point...when BBL was taken at what point did you tell me my property is at stake if I default?

Mortgage default is the only sure banker to reposess the property. This would have been agreed from outset.

Lexusgs430:


It's not free money, it's a grant(loan).....

It's called Bounce Back LOAN...... The clue in the name.........