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Nairaland Forum / Nairaland / General / Politics / Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers (35628 Views)
Akin Alabi Files House Motion To Dissolve SARS / Northern Elders Beg Buhari, Governors To Stop Harassment Of Fulanis, Cows / CEO Of Betting Company, Akin Alabi Cries Out As Man Won N24m With N1,500 (2) (3) (4)
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Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by Nobody: 9:27pm On Nov 09, 2021 |
JimiJunji: Nigerians can never take responsibility for their actions, don't be surprised. 1 Like |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by Annie001: 9:27pm On Nov 09, 2021 |
JavaScript90:The same way Branch, fair money and carbon have been surviving without spoiling peoples reputation. 7 Likes |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by Pimine: 9:28pm On Nov 09, 2021 |
harsysky:Aswearugaaad Bro calm down. Those loan companies are something else. One of 'em silly firms have been sending me messages on WhatsApp that one Bode wey I never see for more than 6 years now took a loan and I'm his guarantor and all that shit. Wetin concern me and pesin wey come collect una stupid, terrible, horrible, no-good, very-bad, excessively-inflated-interest loans? 3 Likes |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by DoggoneDogg: 9:29pm On Nov 09, 2021 |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by generalwo(m): 9:29pm On Nov 09, 2021 |
Incandescent:... If they default on the loan repayment, you tarnish their image for defaulting and they lose their job as a result, how will they repay the loans? Or u didn't think about that? Maybe you should consult Google..... Loan default is not a criminal offense...... Defamation of character on the other hand is a criminal offense punishable by law.... So who is now the criminal ![]() 4 Likes
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Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by adebayo3449(m): 9:30pm On Nov 09, 2021 |
Pimine:Infact I don't even know some of the names they do send me. |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by faithfull18(f): 9:31pm On Nov 09, 2021 |
adebayo3449:. |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by GardenOfGod(m): 9:31pm On Nov 09, 2021 |
hyfr: ![]() |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by chachanga: 9:31pm On Nov 09, 2021 |
olisefom: Most Nigerians...? Where do y'all get your stats from or are blanket generalisations envogie in Nigeria now? Y'all make out Nigerians to seem a pretty hopeless bunch and I really ain't inclined to doubt yer much with the sorts of viewpoints I've been reading on this forum these past few days. But facts is blackmail has no place in a sane society. 1 Like |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by CryptoClub2018: 9:32pm On Nov 09, 2021 |
adebayo3449: That's a lie bro. Look at it this way and I'll be frank with you. Those loan sharks know that you cannot pay back that loan on 7 days. See, no one will collect loan and payback in 7 days with an interest rate of between 30% to as high as 40% in some apps. They give you a loan or 10k to pay 14.5k in 7 days. If you aren't desperate then you will never collect such a loan.NEVER. So the loan companies will push you to apply for that loan and the day money is disbursed will be day 1. Now from day 5, they will start calling you like 5-6 times a day and day 6, the calls will increase to about 10 times. On the day that you are to make repayment, they will start to threaten you and calling you. Sometimes if you don't pick the call or number isn't available, they will call your contacts and blackmail you. If you aren't able to pay on due date, they start to roll out messages to your contacts in batches. They know you can't pay but there aim is to let your contacts be aware so that someone in your contacts list can bail you out. That's the concept and once they bail you out and pay, they will send messages to you to apply again and the process goes on and on. They don't care about you, they just want to destroy you and get there money. This is a wrong business model 12 Likes |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by ChiSun27(m): 9:32pm On Nov 09, 2021 |
DoggoneDogg: Please enlighten me. How can a staked ticket be manipulated? |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by AdaAwka1: 9:34pm On Nov 09, 2021 |
Emeskhalifa: Why should any company issue out loan without collateral in the first place? Doesn't it sound fishy to you?? Doesn't it sound like they r desperate to give out the loans. Dont they know the risk involved before they started?? Let's ask ourselves these questions. 2 Likes |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by Ckaay: 9:35pm On Nov 09, 2021 |
PrinceOfLagos:who made him a senator ![]() |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by nedekid: 9:35pm On Nov 09, 2021 |
This one is just a populist bill. Akin should focus more on bills compelling debtors to pay. How else do you expect the loan companies to recover their funds? Nigeria is a unique market and requires radical measures to get people to pay. Just last week I got text concerning my car painter. I called him because I was about to give him a paint work worth 100k. I told him about the text and that I was uncomfortable paying him any advance. Omo, the next morning I got text from the loan company explaining it was a misunderstanding and the my painter was a good guy ![]() My guy had rushed to go pay his debt! 1 Like |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by Donjovinco: 9:35pm On Nov 09, 2021 |
Hmm,but it all depends on the harassment, let not forget that,the owner also need the money, so let also protect their own interest as well. But you can still read how a cheating man jump from a storey building down, as he trys to escape from the woman husband https://jovinletter.com/2021/11/09/man-caught-cheating-jump-down-from-storey-building/ |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by DoggoneDogg: 9:37pm On Nov 09, 2021 |
ChiSun27: You never see where dem change yur 1X to X2 or to NG. I dey take screenshot now. |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by dhaveedo(m): 9:38pm On Nov 09, 2021 |
You I think you are one of there stupid works that black mailing God will judge you people ] |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by generalwo(m): 9:38pm On Nov 09, 2021 |
Good move.... It's high time alot of companies begin to take responsibility for their wrecklessness..... A loan default has never been regarded as a criminal offense... It's a civil issue and even if you go to court, the hugest that can happen is that they will ask you how much you can be remitting till the money is complete...... Character assassination on the other hand is a criminal offense but these loan agents don't care... They call you criminals before your contacts and make you lose business deals, relationships, marriages and even lives are lost in the process.... Also, the terms and conditions stated clearly that the reason for demanding access to one's contacts is for the sole purpose of credit evaluation..... There is no where it is written on their app that in the event of a default, you will be tagged a criminal before the whole world...... Sharing privacy information with 3rd parties without due authorization from people is a serious crime and that's what all these agents are doing.... So in a nutshell, they are the ones committin the crimes and not the loan defaulters... There are some loan companies that will never message people's contacts no matter how long one defaults... Rather they make it difficult for you to access loans in the future which I think is a fair punishment for loan defaulters but these other loan sharks go an extra length to label people fraudsters and even in some cases include their family members... They advertise their loan as 30 days duration but after registering, they offer you 7-14 days and because guy man dey desperate, guy man must collect loans to survive....... They need to leave all together..... People have died and many more will die if nothing is done about loan sharks 8 Likes
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Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by blamingthedevil: 9:39pm On Nov 09, 2021 |
PrinceOfLagos: I thought you are intelligent... at least by be on nairaland day and night...how is Akin Alabi a Senator. Reading this piece of news before fabricating your comment could have saved you from this embarrassment. |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by Bigchristo: 9:41pm On Nov 09, 2021 |
AnonPoet:instead of advising those debtors and defaulters to meet up with repayments schedule, this country will never settle |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by Globad(f): 9:47pm On Nov 09, 2021 |
JavaScript90: Who said they should give out loans without collateral? |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by streetsoldier1(m): 9:52pm On Nov 09, 2021 |
adebayo3449: lol....okay, lets keep asside those who collect the money for stupid reasons... there will always be case like that and i think just like banks, these loan apps are insured too (not sure) for case of bad debts, but for real, there should be regulation in that sector |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by hyfr(m): 9:55pm On Nov 09, 2021 |
seyz91:your chicken brain must have translated texts to Vn |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by Mrbenny001: 9:55pm On Nov 09, 2021 |
The loan companies are fraudulent by their interest with exception to few of them...if they are actually genuine they will go through the right process.. register with necessary government agencies...most of them except few like carbon and fairmoney,they can't even report their defaulters to credit bureau why because they are not credible themselves...if you're giving loan without collateral and you're not bank that can petition cbn and have them ransack all your bank's such company should verify their customers houses and place of work.. some of them like Ren money does it..how do you think lapo is still in business... I ll rather encourage them to do the right thing..and not support rubbish Iliveforever: |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by tivta(m): 9:59pm On Nov 09, 2021 |
Nigerialabalaba:How and what companies are notorious? |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by adebayo3449(m): 10:00pm On Nov 09, 2021 |
streetsoldier1:I agree with you. I don't even support interest money in anyway. It only keep you poor. |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by Benwallt(m): 10:01pm On Nov 09, 2021 |
DoggoneDogg:Winning tickets can't be manipulated |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by OmoManU: 10:03pm On Nov 09, 2021 |
I like this guy's style of representation at the assembly, the youths should focus more on the legislature instead of the presidency straight out, many more exposed youths at the assembly can bring about the change we said we want |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by DoggoneDogg: 10:07pm On Nov 09, 2021 |
Benwallt: Better start taking screenshots from now on 1 Like |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by observanc1: 10:08pm On Nov 09, 2021 |
Ammishaddai:not neccesarily. I personally have been inuadated with calls from loan companies on people i dont know. And the calls are recorded calls. they just call u about someone u sureteed and give a name. u dont even know who the person is and not even in your contact list and they start threatening you for surteeing the person. And u cant even ask how? Person apply for loan from them and provide a surety mobile no, and they dont even contact d said surety. And when the person that borrowred defaults, they start harrasing you and say u are a surety. Surety how? Do u have any document from me agreeing to surety the person? 1 Like |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by acidicgodofG: 10:17pm On Nov 09, 2021 |
impressive |
Re: Akin Alabi Moves Motion To Stop Harassment By Online Loan Providers by yusluvad(m): 10:18pm On Nov 09, 2021 |
PrinceOfLagos:Lol... |
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