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Look At The Loan carbon Give to Me With Almost 100% Interest. - Business - Nairaland

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Look At The Loan carbon Give to Me With Almost 100% Interest. by AutoManual: 9:27am On Mar 23, 2023
Make Una see loan when carbon give me. They didn't make it clear how much I need to pay in total. It was after I took the loan I saw the about they wanted me to pay. Now tell me how they expect me to pay this money. I find way to return the money but there was no way. And I was too tempted to spend the money now.

I might end up defaulting this loan oh.

Just imagine. See attached image below

Cc: suen.

1 Like

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by Opolopoopolonio: 9:28am On Mar 23, 2023
Return it o

3 Likes

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by Kaiser20: 9:33am On Mar 23, 2023
AutoManual:
Make Una see loan when carbon give me. They didn't make it clear how much I need to pay in total. It was after I took the loan I saw the about they wanted me to pay. Na tell me how the expect my to pay this money. I find way to return the money but there was none. And I was too tempted to spend the money now.
You see what a Bad leadership will do to a country. Destruction!
When institutions take advantage of Vulnerable youths without jobs and future..

18 Likes 2 Shares

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by Kenneth4u205(m): 9:36am On Mar 23, 2023
I don't pity you though. How can you request for loan without first confirming the interest rate. That should be the first thing to confirm after downloading the app .
Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by DeLaRue: 9:41am On Mar 23, 2023
Kaiser20:

You see what a Bad leadership will do to a country. Destruction!
When institutions take advantage of Vulnerable youths without jobs and future..

This is not about bad leadership.

These types of companies are also in rich countries. You'll find them in the US,UK etc.

In the UK, they are called loan sharks. If you make the choice of dealing with companies like this, you can't blame the government.

The government doesn't have the power to dictate the terms of a contract between two private parties.

The government can only warn people and I believe the CBN has done that in the past.

16 Likes 4 Shares

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by sherylbaky(f): 9:41am On Mar 23, 2023
This is outrageous...Haba

Pls don't touch the money just return it. Mail them and let them know u may not have the capacity to pay back. They should let you know how you could send it back to them.

This is fraud not loan

32 Likes 1 Share

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by incandescentena: 9:52am On Mar 23, 2023
Emefiele should end in jail

9 Likes 3 Shares

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by Jagznation(m): 9:59am On Mar 23, 2023
You must have been told don't come here acting all dumb ...you dont need the money but you went ahead to input your details and requested for a loan and a 6 months period for payment is that not hypocrisy...now you dey find social media sympathy you should contact them don't come here to disturb Nigerians.

14 Likes 1 Share

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by Kaiser20: 10:01am On Mar 23, 2023
DeLaRue:


This is not about bad leadership.

These types of companies are also in rich countries. You'll find them in the US,UK etc.

In the UK, they are called loan sharks. If you make the choice of dealing with companies like this, you can't blame the government.

The government doesn't have the power to dictate the terms of a contract between two private parties.

The government can only warn people and I believe the CBN has done that in the past.
Boy forget that analysis of yours.
You are so desperate because you don't have a sustainable job otherwise. You would have requested a salary advance from your bank.
The bad leadership in Nigeria have made you youths to accept suffering as Normal

2 Likes

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by Keegan: 10:02am On Mar 23, 2023
AutoManual:
Make Una see loan when carbon give me. They didn't make it clear how much I need to pay in total. It was after I took the loan I saw the about they wanted me to pay. Now tell me how they expect me to pay this money. I find way to return the money but there was no way. And I was too tempted to spend the money now.

I might end up defaulting this loan oh.

Just imagine. See attached image below

Cc: suen Seun.

Carbon and Branch were among the best some years back. I want you to check again and be certain this is from them.

2 Likes

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by Berrityga: 10:08am On Mar 23, 2023
Don't pay it back. Delete the app. They will get tired of calling.

1 Like

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by AutoManual: 10:33am On Mar 23, 2023
Keegan:


Carbon and Branch were among the best some years back. I want you to check again and be certain this is from them.

is been two year I use them during COVID 19. It was that former experience that made me go back to the app. They didn't even show how much in total I will pay back. I thought it was same as last time. But was disappointed
Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by MrFollowFollow(m): 12:25pm On Mar 23, 2023
AutoManual:
Make Una see loan when carbon give me. They didn't make it clear how much I need to pay in total. It was after I took the loan I saw the about they wanted me to pay. Now tell me how they expect me to pay this money. I find way to return the money but there was no way. And I was too tempted to spend the money now.

I might end up defaulting this loan oh.

Just imagine. See attached image below

Cc: suen.

The interest on the loan is 13.5% each month as stated and I will show you how your monthly installment was computed

For 6 months it will come to a total of N38,500 x 13.5% x 6months = 31,185

Total principal (38,500) + Total interest (31,185) = 69,685

Monthly installment =69,685 divided by 6 = N11,614



For your information there is no bank, micro finance bank, loan app or money lender in Nigeria that will give you such a risky loan then charge you interest of just 13.5% for 6 months!

Can you yourself tie down N38,500 for 6 months for interest of just 13.5% which equates to just N5,197.50 when you know fully well that inflation rate in Nigeria is above 15%?

10 Likes 2 Shares

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by Day169: 12:46pm On Mar 23, 2023
Moral of the tale is, never take such loans except it is to trade, with a high chance of repeated turnover during the loan span.

1 Like

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by AutoManual: 12:50pm On Mar 23, 2023
MrFollowFollow:


The interest on the loan is 13.5% each month as stated and I will show you how your monthly installment was computed

For 6 months it will come to a total of N38,500 x 13.5% x 6months = 31,185

Total principal (38,500) + Total interest (31,185) = 69,685

Monthly installment =69,685 divided by 6 = N11,614



For your information there is no bank, loan app or money lender in Nigeria that will give you such a risky loan then charge you interest of just 13.5% for 6 months!

Can you yourself tie down N38,500 for 6 months for interest of just 13.5% which equates to just N5,197.50 when you know fully well that inflation rate in Nigeria is above 15%?
it was not clear to me. All the loans I collected earlier some year ago want not outrageous like this. And sometimes and I end up paying up the money either at once or twice. I don't need to wait for all that month. They would have stated the total amount I needed to pay. Check it now. Loan I would have paid even before 1 or 2 months. I wrote to them no response. I might end up paying only the actual loan amount with the right interest. Not the 86%
Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by luluosas(m): 12:54pm On Mar 23, 2023
Don't embarrassed yourself please. You took a six months tenure and you are here ranting
AutoManual:
Make Una see loan when carbon give me. They didn't make it clear how much I need to pay in total. It was after I took the loan I saw the about they wanted me to pay. Now tell me how they expect me to pay this money. I find way to return the money but there was no way. And I was too tempted to spend the money now.

I might end up defaulting this loan oh.

Just imagine. See attached image below

Cc: suen.

6 Likes

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by dangoteinlaw: 1:29pm On Mar 23, 2023
A month duration is less risky to them than 6 so you are lucky to get it at that rate. From my understanding it is another costumer that downloaded the app who is investing the money and the profits to be splited be them and the costumer and no one is ready to invest in something ot profitable.
Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by udede(m): 1:50pm On Mar 23, 2023
The worst loan app is JOYLOAN those are armed robbers. They loaned me 20k for me to pay back almost 40k total in 28days through 4 instalments. I have never seen any wickedness like that

1 Like

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by sherylbaky(f): 2:03pm On Mar 23, 2023
udede:
The worst loan app is JOYLOAN those are armed robbers. They loaned me 20k for me to pay back almost 40k total in 28days through 4 instalments. I have never seen any wickedness like that
Dem b JOYLOAN but dem no get JOY

7 Likes

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by Nobody: 2:25pm On Mar 23, 2023
DeLaRue:


This is not about bad leadership.

These types of companies are also in rich countries. You'll find them in the US,UK etc.

In the UK, they are called loan sharks. If you make the choice of dealing with companies like this, you can't blame the government.

The government doesn't have the power to dictate the terms of a contract between two private parties.

The government can only warn people and I believe the CBN has done that in the past.
You know it's a serious offence to operate as loan sharks in UK without been regulated by FCA

Secondly, why I do I need to patronize loan sharks in UK when big stores can sell anything for me on credit with more than a year payment plan so as to test my credit score

Note that Carbon is now a registered MMO in Nigeria and as such, the government needs to be blame for giving license to such company

1 Like

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by IsellSmartTvs: 2:45pm On Mar 23, 2023
(38,500 x 13.5)/100 = 5,197.5 per month
Then multiply by 6months duration
5,197.5 x 6 = 31,185

31,185 + 38,500 = 69,685(total payment for 6months)

Since u chose a 6month duration,divide ur total payment by 6

69,685/6 = 11,614.1667 (approx. it ursef)

A simple mathematical calculation would have helped u in a long way.
U must have seen low interest rate on the ads,well ads are one thing abt every organization but understanding what u are abt to get ursef into is another level of knowledge.
Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by silibaba: 2:54pm On Mar 23, 2023
Just collect it and clean mouth.
Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by samwillyco1(m): 3:01pm On Mar 23, 2023
I am planning to collect like 500k to add up to my business
Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by Rexymania(m): 3:18pm On Mar 23, 2023
Don't pay back
Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by sherylbaky(f): 3:35pm On Mar 23, 2023
samwillyco1:
I am planning to collect like 500k to add up to my business
See as I dey look u

U'll pay back 2 to 3 million

2 Likes

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by wunmi590(m): 3:40pm On Mar 23, 2023


Enjoy your money and pay back with much pressure from them if you default undecided

Why did you download their app, if you don't have intention to collect the loan...
Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by Zico777(m): 4:27pm On Mar 23, 2023
sherylbaky:
This is outrageous...Haba

Pls don't touch the money just return it. Mail them and let them know u may not have the capacity to pay back. They should let you know how you could send it back to them.

This is fraud not loan
Exactly dearie! This is a very brilliant suggestion.
Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by Peledonomy: 4:55pm On Mar 23, 2023
Collect from 20 other loan apps, that should give u over 600k.

Please use d money and enter go to Akwa Ibom state. The new governor is doing happy hour every friday.

Flex d money well. Snap photos and post on Instagram and Facebook.

Run ads with the photos on Instagram and Facebook telling people you will show them the secret of getting money to ball like you.


Charge 5k registration fee. 1000 people should be daft enough to register. That's 5 million.


Use 1.2 million to pay back. The rest is yours

1 Like

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by 1Alex: 5:17pm On Mar 23, 2023
AutoManual:
Make Una see loan when carbon give me. They didn't make it clear how much I need to pay in total. It was after I took the loan I saw the about they wanted me to pay. Now tell me how they expect me to pay this money. I find way to return the money but there was no way. And I was too tempted to spend the money now.

I might end up defaulting this loan oh.

Just imagine. See attached image below

Cc: suen.
your credit score is very low,hence, the high interest rate. It's like that world over.
Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by goodmuscopi(m): 6:04pm On Mar 23, 2023
You are not saying the truth. Carbon will show you what you will payback before disbursement. By the way, are you so daft not to see 13% abi you don't know that you chose 6 months.
You want play smart by playing victim of what you say yes, "I understand" to.

4 Likes 1 Share

Re: Look At The Loan carbon Give to Me With Almost 100% Interest. by seanwilliam(m): 6:58pm On Mar 23, 2023
As much as this is wickedness and inhumane, I won’t blame them. If money is easy to make , you won’t borrow in the first place or better still , you would seen friends or family to help u out. So they’re also taking risk .

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