₦airaland Forum

Jerkules:
No problem BOSS i am still forever grateful 4 ur support last time,no condition is permanent. Bless and a HAPPY NEW YEAR in advance. God will keep all of us alive to see the new year.

NewLogicalMind:
By "Excellent customer care" I'm sure you mean for them to come grovelling and begging you to repay your loan

5thAngel:
Lol.
I think you meant colleagues.
There won't be any protest, the energy that would have been used to that effect should be used to go and hustle so you guys can pay up your loans.
Have a good day bro.

SaintUlot:
The so called carbon and fairmoney should sit up too, they should up their game and be more strict, if not, they will liquidate very soon. All the commercial and microfinance banks that died prematurely, it was loan defaulters that caused their early death. Some people's mentality is that loan from banks is manna from heaven and part of the national cake

Palmerbarry:
Dear Sokoloan, I will be in my best behaviour while posting this.

I applied for a loan a month back which I didn't repay in time. I got a call from an extremely rude official 5 days after I received the loan. She informed me that payment is due and I should do that immediately. I tried to be friendly but she wasn't. I asked if I could pay part but she arrogantly declined.
The next day I got a call from her again with insults this time. I told her she's not professional with her work and that made her worse. She threatened to disgrace me in the worst way ever (via SMS). My phone got stolen that night. A day after she sent the most devastating message ever to all my contacts. How she got access to them still surprises me. In her message, she said I'm a wanted criminal on the run with company funds. I got tons of messages on Facebook and missed calls and messages on my other line - my former employers, course mates, lecturers, neighbors, family, besties, other influential people. I was really mad! I had over 300 contacts for Christ sake. I called her immediately to send a convincing message to my contacts. She was adamant and continued with her insult, I fired back not minding her age. I threatened to take the case to court, but I was financially down at that moment. My sister called her immediately she got one of her text and they ended up insulting eachother. I called her some days after, she was a bit calm, and I asked if she would resend another SMS and make everything transparent to my contacts. She said once the payment is complete we'd discuss that. When the payment was deducted automatically from my account, I called the number, but the new user doesn't seem to know me. She requested for my login number I gave her but she said she can't access my account. Up till now. I think I've been too calm with them and I am taking it up now.

The worse part of it is I lost most of my contacts which means I may not be able to clarify myself. This is the worst thing ever to happen to someone.




I've mailed them concerning the issue and I'm yet to get feedback.

Pics below:

Bunsenbun:
you gave them the consent,ahbii you no read their T&C's??

HitlerGaddafi:
Too many bad reviews about soko loan.

What you people actually don't understand is, if a customer refuses to pay back a soko loan, the money will be deducted from the salary of the staff that disbursed the loan. That's why they are so mean and ruthless. Sometimes they will even threaten you with police . The will embarass you by texting all your contacts including your exs and enemies.

Palmerbarry:
Dear Sokoloan, I will be in my best behaviour while posting this.

I applied for a loan a month back which I didn't repay in time. I got a call from an extremely rude official 5 days after I received the loan. She informed me that payment is due and I should do that immediately. I tried to be friendly but she wasn't. I asked if I could pay part but she arrogantly declined.
The next day I got a call from her again with insults this time. I told her she's not professional with her work and that made her worse. She threatened to disgrace me in the worst way ever (via SMS). My phone got stolen that night. A day after she sent the most devastating message ever to all my contacts. How she got access to them still surprises me. In her message, she said I'm a wanted criminal on the run with company funds. I got tons of messages on Facebook and missed calls and messages on my other line - my former employers, course mates, lecturers, neighbors, family, besties, other influential people. I was really mad! I had over 300 contacts for Christ sake. I called her immediately to send a convincing message to my contacts. She was adamant and continued with her insult, I fired back not minding her age. I threatened to take the case to court, but I was financially down at that moment. My sister called her immediately she got one of her text and they ended up insulting eachother. I called her some days after, she was a bit calm, and I asked if she would resend another SMS and make everything transparent to my contacts. She said once the payment is complete we'd discuss that. When the payment was deducted automatically from my account, I called the number, but the new user doesn't seem to know me. She requested for my login number I gave her but she said she can't access my account. Up till now. I think I've been too calm with them and I am taking it up now.

The worse part of it is I lost most of my contacts which means I may not be able to clarify myself. This is the worst thing ever to happen to someone.




I've mailed them concerning the issue and I'm yet to get feedback.

Pics below:

francdec4:
Carbon is more understanding all you need to do is write them a mail and explain your difficulties and why you are unable to repay back at the moment.

LordDarius:
You wicked shai....
Na your type get Lai Mohammed Blood...
Shame....

NewLogicalMind:
You people like telling one-sided stories.

Deep in his heart your colleague actually had no real intention of repaying the loan.

So you want them to ignore all the people owing 10K...do you have any idea how much that will be and the loss it will cause them?

oranget:
Honestly, this is so disheartening. But their reaction of sending messages to your contacts would have been part of the terms and agreement. You probably didn't read the terms and agreement.

SavageMaster:
They decided to go rogue. He decided to go rogue too in retaliation. Talk about jungle justice.

I don't support absconding with a company loan. However, those guys are too rude and crude. Don't they know that without these people they are duping with high repayment amount, their company won't even be existing by now?

DesChyko:
Another one is Tecno Easybuy.

Sending random messages to people on Whatsapp because it's not paid.

To think that it is a CBN approved programme worries me. The wordings of this documentation is even appalling for a secondary school leaver.

I don't know the person in question or anyone at all by that first name or surname. And even if I did, I don't know how I became a guarantor without my notice.

Imagine messaging random people to threaten them with lawsuits and defamation.

Let's take a stand guys. This cannot be allowed to stand. Loans have been around since time immemorial but this one is taking a really careless dimension.

drsibz66:
Some of these online loan apps are scammers. I once had an issue with halocredit. The app on playstore said the loans were given for a term of 90 to 180days for an interest of 24 to 36 % which i thought was cool.

I downloaded and applied for 40k and i was offered 27k which i accepted to my surprise i was credited 16k and told the 11k was for fees and interest. And i was to pay back 27k in 8days. Thats more than 70% for a duration of 8days.

Immediately i called and sent a mail to their customer care and told them this wasnt acceptable and this wasnt what was written on the front page of the app. Their response was there was another terms and conditions written within the app. So i told them they should take their money back cos terms and conditions are should be clear , easy to access and bold. You cant have 2 terms and conditions for one app.

However they didnt take the money back after several calls and mails. 8days later they started calling me to pay 27k. And i told them i wont but will only refund the 16k given to me. They started threatening. So i reported the case witg all evidence to CBN and efcc and the reply i got was they dont licence any online loan app. And i should deactivate all my cards. And this i have done. They sent msgs to my contacts and a forwarded a disclaimer to all my contacts that they are scammers.

Not every nigerian is a debtor but some of these loan apps are just scammers and thieves .

Perfectsouth:
Oga, let it go...
Got same stolen company fund on my phone some days ago..
This lady is calm, what she told me is she needed the money urgently and she applied for their loan..
When I got the mesaage, I thought she [color=#000000]Daily Devotional[/color] absconded with almost 30million company fund..
When I called her, she was weeping prosefuly and knowing her, she can take her life. Alas, na just 10k debt o..
I wasn't really buoyant but I sent it to her to pay up.
These loan company's new tactics can make some faint hearted commit suicide..

SavageMaster:
The part of threatening to put his contacts details on media is rubbish. Which media? They're stupid if they try that. Is it his contacts that bought phone on credit?

SavageMaster:
Report them to Google. That 90-180 days payback duration is Google Playstore standard. Whoever is doing anything less than that is a fraud and scam company and shouldn't be allowed to continue on Playstore. I wonder how they deceived Google to allow them in

SugarSpill:
Most of all these loan vendors are very exploitative. Imagine charging borrowers upto 28% interest rate per month.

I love my Access Bank, they give Loan via their apps to account holders at 4.5% per month.

Even during the lockdown they were steadily giving loans unlike some banks that suspended theirs and only gave Loans to salary earners, especially gov workers.

During this Christmas Access Bank has given me over 200k Loan.

Even you when default, they give 7 days Grace before the reminder sms start coming and it is never threatening.

God bless Access Bank.

NewLogicalMind:
So you even have the money yet you're willfully holding on to their money and indirectly depriving them of revenue that they could have earned through interest charges.

You are a very wicked person.

Sokoloan really has the best medicine for people like you!

6ixT8:
Wicked person bawo?

The truth is I'm more than broke.
How did you reason it and came to the conclusion that I have the money, but don't want to pay?

Assumption is not good. And calling me wicked person is uncalled for.

Claudiusdeux:
1.I don't think such a guarantee exists. If it did, many of these payday loan companies like Sokoloan would be out of business....as they rely partly on prompt repayment of loans to pay other people loans, and to pay investors.

2.Plus, they do warn you that if you don't have the means to payback the loan., DON'T TAKE IT. (I have delayed taking loans from such apps because I would have had no means to pay back...until I was sure I had the means to pay).

gendebs:
No wonder they wrote off over N2,000,000,000(two billion naira) in 2019

AchalugoNwa:
na only me fit them

late last 2 years I took 30k loan from them
I intended paying on time ooo infact I was about to pay them that day in the evening.
but these ediots started their normal way of rubbish insult.
this one na man ooo
next thing is that they started sending useless messages to my contacts
that was when I vowed never to give them shi shi
They call call tire
one of them used her personal number to call me and be begging me to pay even if na half.
i asked her about my image they've dented?
she said nothing
then I told her frankly that I will never pay a dime to them
that my image is priceless.
Meanwhile I've messaged all my contacts to disregard any messages about me that my phone was hacked and a serial blackmailer on the loose.
Hehehehehe they believed me.

Meanwhile the useless sokoloan was still begging and I kuku blocked their numbers and blacklist them
till today I no pay them shi shi

op you're not supposed to pay that money I swear

TCD:
You guys taking loans and boasting you will not pay are just doing yourselves in the long run. We now have what we call credit beaureus and all loans you take from any bank and fintech is logged there. If you have a non performing loan it goes on your record permanently.

I was curious and saw a credit report function on my Internet banking. I decided to generate a credit report even though it cost 500 naira. Behold a detailed 7 page report was sent to my email of every loan I have ever taken from any bank and fintech. It even has space for any mortgage or even any dud cheque you might have presented in the past.

You cannot access any loan, or mortgage in the future if your record is bad. If you think its a joke just try borrowing even 1k from another loan app and see what they will tell you. With your BVN a credit report can be generated on you. Soon embassies, landlords, business partners or even employers will ask you to submit a credit report before they have dealings with you to know what kind of person you are.

Because of 5k you now jeopardize your future access to finances? That's stupidity in my opinion.

Oyerinde16:
E go shock you... Threat na part one... Part two is your credit rating, u will discover this when you need something important... They will just remind you of an outstanding loam to a fintech company... Part 3 na when you wan travel and out... U beta rething and clear your debt...

Curious345:
fintech coys are a bunch of criminals and yahoo boys .have nothing to do with them.
They came with buhari and they will leave with him