₦airaland Forum

Why do i feel like this post was made to just spoil the image of a brand . Cause the story no add up. I use fairmoney and i have never had any bad experience.

Nahh bro, This is something i do almost every week, I run a business that makes me borrow money regularly and it is fairmoney i use in borrowing money and I don't pay any interest if i pay back within 15 days

Soso990240:
Talk to the Gullible. I can screenshot my 50k transaction with them, i paid within 12days cause my business went successfully. I still paid the interest, although not the exact interest i was suppose to pay by month end. But the interest was still charged, and it's pretty high . Get ur facts right

It will soon be available. for now, use the services on the mobile app

digitite:
A digital bank ? What about their USSD Code for those who don't have smartphones to download the AAPP ?

Boss fair money get CBN and NDIC license do your research well.

Alaigbopress:
A bank not regulated by CBN and not covered by NDIC is just an ordinary website and App. They can vanish with your hard earned money. See the step build a Micro finance with full functional physical office it can be one unit state or national tier then go digital. At that moment I can listen to You

No loud am abeg use my referral code MAAA05 when you download o

megabosslevelz:
OP this your gist is sweet o, but i have one question sha. What is the ROI if i invest on the app?

For example, If you buy airtime of a thousand naira on the app, you will pay 970 instead of 1K

kingcolearchive:
How does the 3% discount on airtime and data work?

Make sense. I love this transition make i go start to dey save my money with them. Guys please use my referral code MAAA05 when you download edakun

Yes nah, their interest rate is the best

Pidginboss:
The name of the game is unsecured loan. They would sure use strong hand follow you. Those of you hailing fairmoney me too hail wuna
Fairmoney interest fair?

Isn't that how they will debit you when it is time to pay back your loan?

Laheelow:
Is it a good idea requesting for débit card details including Security code as part of the conditions for discussing a loan despite serious warnings by Banks and government against it? FairMoney People should pls respond to this.

Exactly my point! Loan is one way to funding your business that’s why small businesses need it.

jerryidinoba:
Chief do you think Dangote uses his own personal money to build most of his projects? Na loan dey make an grow.same thing for entrepreneurs if they get the right support everywhere go marama for them

I will recommend fair money any time any day. I have benefitted so much from them without stressing my self

Good morning beautiful people. FairMoney dey for you

Join FairMoney today, get quick easy Loan without collateral. Use my code MAAA05 to sign up edakun

RT bro. There are lots of reliable digital banks that give loan now, fair money, Kuda, piggyvest, people should start going the right way to get loans

aramanda14:
Ohhh damnnn. i really hope you get out of this soon bro. people on this forum still need a lot of sensitization. Let us use reliable loan platforms, I'm talking about Fair money, Carbon, etc

Yes ooo, fair money na the baba. Infact if you use this referral code MAAA05 to register they will give you something hooge

aramanda14:
So this is the way it works, a lot of these loan sharks are not registered with the government, so this gives them room to just behave anyhow because they know that nobody will check them. That is why people should need to wake up, there are a lot of digital banks that give reasonable loan out there. Fair money, carbon etc. I heard they are all good but I have only tried Fair money and I am good with it

Check the Fairmoney app for the interest

donhils:
What is the interest rate on Fairmoney? Say I want to take 300k, what's the interest going to be?

I can recommend a few.
1.FairMoney
2.carbon
3. Dole
But I have only tried FairMoney so I can only vouch for them now

FahBuLous:
Please which loan apps did you borrow, what were the requirements??
I want to borrow money too please help a brother..

So the thing is, most Nigerians are to be blamed, was it not on this same forum that somebody said they borrowed money from a loan platform and they disappeared with the money. Although character assassination is very bad and should not be condoned. People like FairMoney will never spoil your image. That’s how much I trust them

omoruyivictory:
I go through this thing before
Mine was palm credit and Branch loan but the debt is not up to 100k mine is palm credit 41k Branch loan 6k up together 47k.
They contacted my mother telling her that them will locate me and arrest me, so many times they will call, the two loan app one after the other and anytime they call me I will not pick, but managed to pay Branch loan 6k after about 3 months and my mother assist me with about 5k I was free for Branch loan
I was battling to pay palm credit. I decided to denied them access to my contact location etc but them keep calling me I never ever pick their call them will send me WhatsApp messages telling me that them will locate and arrest me and them will block my bank account and so on
To cut the story short I was able to pay the money little my little and I paid all the money within one year and one month but the interest was not too much let me say at of 41k I paid about 44k while Branch loan 6k no interest at all and I got the money to pay through bet9ja only about 10k my hard earn money was inside the money

I also disagree with you, the fact that he did not pay on the due date does not mean that they should start with character assassination

Tzar:
I disagree with you.
The problem with Nigerians is that we do not READ!
1. If your contract says you will be debited on 2nd regardless of when the loan was disbursed, then you are the one that is wrong to accuse them!
You should have stopped the loan and signed a new contract if the 2nd day repayment was not convinient for you. But as Nigerians, we assume the other party will understand .
2. Why are you complaining about the interest rate? Didin't you read your contract? You collected the loan and enjoyed it, now you are vexing about the interest on the loan? That is rather selfish on your part too.
3. You do not understand Nigerians and their penchant for not paying back their loan. These companies know the evil nature of Nigerian to reap where they did not sow. Therefore, they have deviced a rather unprofessional way to recover their money. You see, Nigerians do not like to be called out or shamed , so they use this psychological tactics to compel repayment.

There’s one thing I always tell people whatever you do avoid unprofessional and unlicensed loan companies. Borrow from legit sources people that have government license. I am talking about people like fair money. They will not blackmail you or do any of those funny things these other guys do

freeborn02:
How does that cover up for their unprofessional conduct of reporting to people on your contact?

Did they report to those people initially before giving out loan?

1. FairMoney
2. FairMoney
3. FairMoney
4. FairMoney

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bigboychukstar:
Make una recommend good loan platforms for me please.

Didn’t you do enough research before getting a loan from them. Next time do your research come Nairaland we wey sabi go tell you say na only FairMoney make you dey patronize.

Apart from loans, FairMoney dey do FREE debit card, discount on airtime, free transfer to other banks with no charges and they are also currently giving out gifts.

Abeg use my referral code edakun: MAAA05 when you download the app make all of us enjoy FairMoney AWOOF!

Tabithatim:
Come and see o! A particular loan app in this Nigeria has been threatening me over a loan that isn’t due, out of 6 instalments I’ve paid 3 and now just some hours after the 3rd instalment is to be paid they’ve started sending me threatening messages and even had the guts to contact people on my contact list that I’m late on my payment. This is so wrong!!

So in July I took out a loan of 150k to pay back in 6 months, they gave me their rules and how I’ll pay it (make I no even talk the big interest rate way dem give me, that one one na topic for anoda day). After confirming my loan on the 2nd of July, it took 4 days for the money to reflect in my account after many stories and mails to them. Can you imagine that these guys have been debiting me on the 2nd of every month claiming that’s when my loan was approved and it’s from my end there was a delay. That’s so unprofessional and mean! I’ve tried to speak with someone on their end but nothing…they’re just speaking English. I don’t know how to report them. Now they’re threatening me even though they’re the ones at wrong.

Most of these loan companies don't care about you or your reputation o. They will promise you heaven & earth everything join with sweet words, they will trick you with social media ads only to lure you in and torture you.

I just tire. I’m soooo pained that I even had to take a loan in the first place and this is what they’re putting a customer through. Na only to dey dirty people name them sabi all these loan apps are one kind and maybe even fraudulent cause not only is their interest rates too high, they shouldn’t be allowed to threaten people at all even if they’ve missed a payment date; it’s just wrong. Is this how all loan apps are? What can I do? I heard FairMoney and some other loan apps are better?

Why you sef borrow from yeye Loan company, use correct platforms to borrow Money you can use Fairmoney platform make you dey alright

IgiveLadiesBj:
A loan app is on my head.... After today they will blackmail me and send messages to my contacts.

I'm to pay 19k but I have 9k. Please I need sure 2.2 odd game....

For real bro, the interest rate you get with FairMoney is unmatched! FairMoney Thank you oo

kingcolearchive:
As much as i would have loved to agree with you, I still think you are wrong, FairMoney interest rate is one of the best out there.

I have used a couple of loan apps in the last months, they all had mad interest rate, somebody on Nairaland told me about FairMoney and I swear na dem get the best interest rate in Nigeria Right now

chaseblack:
Although I agree that an agreement is an agreement but I think loan apps are taking advantage of Nigerians.

The interest rate these apps fix on loans are absurd and sometimes I don't blame people for default.

What is more annoying is that when you apply to invest in that same company ,they offer peanuts as interests.

For instance, one loan app has an overinflated interest rate of 30% for borrowers but if you are an investor, you will be offered a paltry rate of 1.5-3 %. That's criminal!

To make it clearer, if you borrow 20000 you'll be required to pay back #28,000 - #30,000, which means an interest of #8000-#10000 for just 30 days.

But personal findings reveal that if you try to invest #20,000 in that same loan app, you will get an interest of just #150 - #250 after a month.

This is absurd, I have tried investing #40000 in these loan apps several times and all I received was #150 after 40 days. Just imagine!

I tried another one by investing #60000 for 80 days and all I got was a paltry sum of #2300 .

And the last term time I checked the loan app, you will be required to pay #4500 on a loan of #15000 after just 30 days.

That is greediness and the government needs to look into this and find a way to regulate the interest of online loan lenders.

Failure to do these will continue to increase the no of loan defaulters as these loan interest are outrageous.

Yes nah, My friend won shopping voucher last week sef

Kobicove:
Do loan apps do Black Friday?

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temiregiddy:
FairMoney share the money reach my side too

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Damn, i hate it when i hear about stuffs like this guys please lets make sure we use loan apps with cred. you can check out apps like FairMoney, Carbon, etc

Sheezybobby:
Please why can't the government ban all this loan app. Someone received a call that him and his family members are fraud, that they are looking for them?.



The government should just ban them?