₦airaland Forum

paulo220:
1.7m

Bro please help me out with 2k for food pls

Happy birthday bro.

Nice

Someone should please help me out with any amount for food as hunger is terrible. 07 25 00 93 40 access bank Emeka. God bless

Terrible

Death sure pass

Drastick:
Just 2k abi? "Just"

wetin happen

gbaskiboy:
Me sef go do small giveway for nairaland. Make I show small love here

bro just 2k is okay for me

descarado:
I discovered this soup recently.

Ate with cauliflower and white cabbage foofoo. Used 2 spoons of Oat as binder.
Slept like baby.

Looks like shiit

Chai

Clean shaved tho

olamsaheed:
Nigerians are funny, why would somebody take a loan and refused to pay, and even admitted he was some day overdue. That is clearly a breach of the contract u had wt them.
Pls pay up loan and don't run them out of business.

But they add overdue interest everyday so why the need to defame?

lewa:
When you borrow money, pay it. If you know you don’t have the capacity to borrow, don’t do it.

These companies are mining data. There’s one or more credit bureau in Nigeria now. They will report you to those bureaus. You will not be able to borrow any more ever again. Do not throw your life away. Think of the future. Once blacklisted, you are done.

You can borrow small amounts that you are can repay back easily and then ask for more.

Why throw all that away?? There’s no Grace with a borrower who refuses to pay back. No Grace at all.

They are not registered and can't report to credit bureau.

OgbeniSamm:
Hello, send the clear screenshot to oolayinka92@gmail.com
We need as much evidence as we can gather for a solid legal process. Everyone with similar experience should please do same too.and please include your valid phone numbers for future engagement.

Email sent

AroOkigbo:
Sorry for the robbery incident.
If it was me, I'll take a fresh loan and clear existing debt first. ..at least the robbery happened before the loan repayment was due.

Take a fresh loan only to get caught up in a web of debts? That's rather unwise. Thanks

King125007:
Oga go and pay your loan ooo, you guys should just quit playing victim everytime
Let me educate those that don't know, for any loan app collection officers to go this extreme with you it means your default is more than a month, close to 3-4months, not days as claimed by you
Secondly you have repeatedly refuse to pick up when called by them, or refuse to be reasonable by paying whatever you have from the loan(instalment)
Even micro finance banks on extreme cases will sell off the collateral you use in collecting the loan or get you and your guarantor arrested after several failed attempts to get their money prove abortive
Destroying other people employment, source of income and livelihood will lead us no where
Do you know how many young people are employed and working for this loan company in Lagos?.. Thousands..

Pls kindly pay your loan as at when due and pick your call when they call you. Be reasonable you're a debtor don't claim right, talk to them, plan to pay an pay so others can benefit

If u can't pay don't go using the loan app, use a micro finance bank or any money co-operative you cam access.. Nigerians sef..

My brother. Today makes it 7 days overdue

Heathrow44:
go and pay up ur loan, wicked man

Then what happens to my battered image after repayment?

maasoap:
They should be exercising patient with the defaulters. That's why FG is clamping on them.

Exactly

AroOkigbo:
But please always try to live up to your promises. Remember, the loan company is into business and by defaulting you are denying their means of livelihood. They also have bills and salaries to pay. It's painful that many Nigerians are always defaulting on loans. I made a new year resolution NEVER to loan money to ANYBODY again because of similar bad experiences.

I'm sorry for the bad experiences but this people are simply heartless. I would have paid on time but my business suffered heavy losses due to a robbery attack on my shop. I showed the pictures and all. Nobody loves owing but this their recovery measure is inhuman. If you were in my situation what will you have done differently?

AroOkigbo:
Were those "nasty messages" sent out before or after the agreed repayment date?

It was just 5 days overdue and I pleaded with the agent to give me some time and explained the reason for the default. He just replied "you'll hear from me soon" that was it. He sent this messages same day with my pictures to all my contacts just like that

Tripitaka:
I do not think they have to expressly write that they will defame you. But I'll like to think there would be a clause like "in the event of you not repaying your loan, Soko Loan reserves the right to use any means to recover their money" bla bla bla

Use any means? What if it involves kidnapping or killing the debtor. Shebi na use any means abi?

Firefox01:
How many months did you owe them?

the loan had 2 weeks duration and expired last week. I defaulted for 5 days due to unforeseen circumstances.

Nonexisting:
Which sue? Did they force him to accept the terms and conditions of the loan? He should go and repay his loan biko.

Then what happens to my contacts and how will I fix my damaged reputation after repayment?

magnificient7:
It's not about show us evidence on their terms and conditions..... Why would i want to waste my time reading the normal long terms and conditions.

However, this isn't new in this country. Many people have created threads about loan sharks and how they operate. How they defame people's character if one fails to meet up. Even you know that he isn't the first and won't probably be the last.


If he said he isn't aware, then that's pure ignorance on his own part. Either way, he still have to blame him self. You can go and borrow from them and fail to pay up. When they defame your character, please come back to nairaland and also open a thread to complain and ask us where it was in their terms and conditions....smh.

Because we were there with you when you were clicking accept...

I'm the OP and the person they defamed. I've read the terms and conditions cover to cover (a very long read indeed) and there is nothing like defamation of character written there if one defaults in payment.

magnificient7:
But why are we like this as a nation.... You took the loan, you knew the terms and conditions, you were aware that they would defame your name if you default.. yet you collected their loan and spent the money. The deadline they gave to you passed and you defaulted... Now you came to nairaland to complain, what are we suppose to do? You shouldn't have collected their loan if the terms and conditions are not okay for you.

They are a company too and they need to make profits. Unfortunately this is the way they operate to ensure people pay up (though i believe is very bad and a wrong strategy)....if not many people will collect their loan without repayment.

Simply put, you had you self to blame. Thier terms and conditions weren't a secret. You knew that's how they operate...why then are you complaining

Which terms and condition that includes defamation of character? Oga nothing like that in all honesty.

CryptoClub2018:
Now that you have been defamed. If you pay back then you are a mumu man. Don't ever pay them again

I've decided not to pay again but they won't stop sending this sort of embarrassing messages to my contacts that's the issue. I've joined the FB group. Thanks alot

sorepco:
Why are we in Nigeria adverse to repaying loan? How can we develop with no access to loan like other countries?

I didn't have it in my mind to not pay back till they sent those nasty messages to all my contacts

Offpoint1:
how long since you defaulted? If it's less than 2 weeks or a month, don't bother paying them again... They'll be the one to beg you.

Less than a week bro

Jacobx007:
I have reported on your behalf

Thank you very much

carl90:
Sorry about this.
You should have stayed away from soko loan.
I don't do business with them.
Best of luck resolving this issue.

Big mistake. Thanks