For instance you're one of those who take loans from Palmpay, and you've never defaulted paying back but this once you had challenge. Was Palmpay fair to you? Did you have good experience with their customer care agents while you're trying hard to pay back? What's your experience like? Kindly share so that others can be warned or others can consider them as good loan app.

Secondly,
Nigerians are really facing hard times to make ends meet. Many have taken to take a loan from apps before salary comes. Are these loan apps not taking advantage of Nigerians to exploit them with high interest and extra charges for defaulting? For instance you take 10k to pay back 15k in seven days or one month? Is this fair? If at all there should be interest, what do you think the interest should be if the government were to intervene? Honest reviews please. Thanks in advance

I took urgent 2k from palmpay to quickly do something.. they gave me 7 days to pay and my salary Na 14 days from that 7days. I did not disturb myself when them pay me I went back to the app to pay back, additional 1k don enter.. I shall pay back the loan. After about A month or so I went back to collect another 2k to sub. Omo palmpay no give me Ooooh. They said I should maintain good credit score.. I come laff😅 good credit score untop 2k. I logged out. The next day in the morning I got a text that you eligible to borrow Soso and so from palmpay.. No need again I been won sub watch match, match don finish.. Well that additional 7days wey I add . Nobody tell me say them report me to ram oo. But stay away from loan app e get y. The interest Na die 20k to pay 30k .. Except u no say u get to pay back if you no get, and you no get mind if them threaten you your mind go touch ground.

Thomthom:
I took urgent 2k from palmpay to quickly do something.. they gave me 7 days to pay and my salary Na 14 days from that 7days. I did not disturb myself when them pay me I went back to the app to pay back, additional 1k don enter.. I shall pay back the loan. After about A month or so I went back to collect another 2k to sub. Omo palmpay no give me Ooooh. They said I should maintain good credit score.. I come laff😅 good credit score untop 2k. I logged out. The next day in the morning I got a text that you eligible to borrow Soso and so from palmpay.. No need again I been won sub watch match, match don finish.. Well that additional 7days wey I add . Nobody tell me say them report me to ram oo. But stay away from loan app e get y. The interest Na die 20k to pay 30k .. Except u no say u get to pay back if you no get, and you no get mind if them threaten you your mind go touch ground.

Too bad for these loan apps oo

When you give your honest review here, you would have helped someone make an informed decision about taking a loan from Palmpay or not. Remember, there are so many one chance loan apps in Nigeria. Kindly help a Nigeria with your experience. Thanks

For those already owing (like me) and those thinking about going to borrow from any of them...

Never ever make the mistake of taking from one loan app to pay another, maybe u accidentally defaulted... (It's better they threatened u and find way of paying back or allow the late payment interest count till u can pay back

Am speaking from experience...

Am currently owing
1. Okash
2. Xcross cash
3. New credit

And they are all due, I constantly receive threats from the on daily basis, but I can't kill myself... I don't have immediate means of paying back, I will just wait till I have money to pay back ... Though am still battling with the mental stress currently...

Avoid loan apps if possible, nah beg I dey beg u

SilentEmma:
For those already owing (like me) and those thinking about going to borrow from any of them...

Never ever make the mistake of taking from one loan app to pay another, maybe u accidentally defaulted... (It's better they threatened u and find way of paying back or allow the late payment interest count till u can pay back

Am speaking from experience...

Am currently owing
1. Okash
2. Xcross cash
3. New credit

And they are all due, I constantly receive threats from the on daily basis, but I can't kill myself... I don't have immediate means of paying back, I will just wait till I have money to pay back ... Though am still battling with the mental stress currently...

Avoid loan apps if possible, nah beg I dey beg u

Honestly I don't know how they calculate there interest that make it so huge. You v said it all the best is to stay away. The interest is too much.. I will write my own experience after I have settled the one I took from them.

Omo I dey owe like 11 loan app . How you go give me 24k to payback 33k

abbaashiru:
Omo I dey owe like 11 loan app . How you go give me 24k to payback 33k

Have they called any of your contacts or defamed you in anyway...?

SilentEmma:


Have they called any of your contacts or defamed you in anyway...?

I think apart from the very 1st one that did that, I started revoking access to my contacts...

abbaashiru:


I think apart from the very 1st one that did that, I started revoking access to my contacts...

Can u list the apps you are owing and how long... It will go a long way to help others pls

Nigerians are really suffering from the defamation of these loan apps. Calling contacts, raining curses and threatening life out of their customers are what is barbaric and uncalled for.

I don't have problems with their curses and threats... Nah that calling of contacts and defamation dey fear me pass... But as it stands, I can't kill myself... I will never chose suicide over defamation cause of loan app threats...

After all no be person I kill

SilentEmma:
I don't have problems with their curses and threats... Nah that calling of contacts and defamation dey fear me pass... But as it stands, I can't kill myself... I will never chose suicide over defamation cause of loan app threats...

After all no be person I kill

If they can do this to their customers, then one needs to run from them

Their extra charge for defaulting is killing. Imagine taken 15k to pay back 21k for 14 days or a month. And because you default, their extra charge will now begin to count, within a month you'll be surprised to see 45k. This shows that they don't want you to pay it back so that they can continue to threaten and defame your character. Please run away from them if you know you can't cope or no means of paying back.

It's better to ask a friend or family member for HELP than to go through their HELL.

RUN

Taskathome:
For instance you're one of those who take loans from Palmpay, and you've never defaulted paying back but this once you had challenge. Was Palmpay fair to you? Did you have good experience with their customer care agents while you're trying hard to pay back? What's your experience like? Kindly share so that others can be warned or others can consider them as good loan app.

Secondly,
Nigerians are really facing hard times to make ends meet. Many have taken to take a loan from apps before salary comes. Are these loan apps not taking advantage of Nigerians to exploit them with high interest and extra charges for defaulting? For instance you take 10k to pay back 15k in seven days or one month? Is this fair? If at all there should be interest, what do you think the interest should be if the government were to intervene? Honest reviews please. Thanks in advance

currently defaulting for the first time.
I have collected countless loans from them but always pay back days ahead before due date
Na Zenith cause this particular one. My organization uses zenith to pay us salaries but due to their software upgrade lots of people were affected.
I couldn't pay up the loan, they're calling while their agents are making threats.
But they're cool and even appreciated me for earlier payments.
The loan I collected was 40k to pay back 56k. High interest of 16k. Overdue charges now 5k with everything totaling 61k.
Cc thomthom
Silentemma

EbenezerTriumph:
currently defaulting for the first time.
I have collected countless loans from them but always pay back days ahead before due date
Na Zenith cause this particular one. My organization uses zenith to pay us salaries but due to their software upgrade lots of people were affected.
I couldn't pay up the loan, they're calling while their agents are making threats.
But they're cool and even appreciated me for earlier payments.
The loan I collected was 40k to pay back 56k. High interest of 16k. Overdue charges now 5k with everything totaling 61k.
Cc thomthom
Silentemma

But did they call your contact??

EbenezerTriumph:
currently defaulting for the first time.
I have collected countless loans from them but always pay back days ahead before due date
Na Zenith cause this particular one. My organization uses zenith to pay us salaries but due to their software upgrade lots of people were affected.
I couldn't pay up the loan, they're calling while their agents are making threats.
But they're cool and even appreciated me for earlier payments.
The loan I collected was 40k to pay back 56k. High interest of 16k. Overdue charges now 5k with everything totaling 61k.
Cc thomthom
Silentemma

This is serious. The interest is killing

I dey owe more than 11 loan apps.. 9credit, okash, palm credit, fair money, quick check, new credit, branch, easemoni, Renmoney, xcrosscash, umba, quickfund, wema bank, first bank, you see that 9 credit they called my contact sent text messages that loan shark nearly make me commit sucide. I have them in mind I surely will balance them up you see this wema bank 4years ago I took a loan from them 50k I paid part was to balance them 17k or so recently when I checked the money has jumped to more than 90k

Jnrprince1:
I dey owe more than 11 loan apps.. 9credit, okash, palm credit, fair money, quick check, new credit, branch, easemoni, Renmoney, xcrosscash, umba, quickfund, wema bank, first bank, you see that 9 credit they called my contact sent text messages that loan shark nearly make me commit sucide. I have them in mind I surely will balance them up you see this wema bank 4years ago I took a loan from them 50k I paid part was to balance them 17k or so recently when I checked the money has jumped to more than 90k

Me I am owing as follows
New credit (about 70k)
Okash (about 140k)
Xcross cash (about 300k)
Branch about (24,600)
Fairmoney (joint borrowing with my friend)

I heard same people own xcross cash and new credit

All my debts are already due, I am tired of taking from one loan app to pay another... They don call me tire and threatened hell out of me... Though no one of my contacts has reported to me that they called them... I am making plans of paying everyone of them, minus what ever interest that may have been added due to late payment (that's it they agree)

I can't kill myself... God go help us

SilentEmma:


Me I am owing as follows
New credit (about 70k)
Okash (about 140k)
Xcross cash (about 300k)
Branch about (24,600)
Fairmoney (joint borrowing with my friend)

I heard same people own xcross cash and new credit

All my debts are already due, I am tired of taking from one loan app to pay another... They don call me tire and threatened hell out of me... Though no one of my contacts has reported to me that they called them... I am making plans of paying everyone of them, minus what ever interest that may have been added due to late payment (that's it they agree)

I can't kill myself... God go help us

Na wa ooo, not easy bro las las we go dey alright

SilentEmma:


Can u list the apps you are owing and how long... It will go a long way to help others pls

Soko loan
Pampay
Fair money
Carbon
Migo
Nirsal
Palm credit
Branch
Aella
Jumia pay
New credit
Money in minutes
L credit ........ ..omo... different threats, calls,some later beg ,some no call again

This is serious!!!

If possible, stay away from these loan shanks apps. They do more harm than good. Imagine borrowing 35k to pay back 50k in 8 days. Due to Zenith Bank upgrade I couldn't make the payment on 1st October, despite all my plea and struggle to meet up. These guys sent out my name with my picture and contact labelling me a ritualist and organ harvester, that I am my family is on the run. Who ever sees us should report to the nearest Police Station. Omo am still going through the shock and traumatic experience. One thing I can't do it to kill myself. Eventually when the network was restored, the total amount had increased to #66,600. I managed to pay 20k yesterday as a commitment. They insulted the life out of me. With threats for legal actions if I don't complete their money before the end of yesterday.
Today them done call me tire. I can't kill myself. What I will do is strive to get the balance of the original amount and send to them. Whatever be the overdue charges na for their pocket.
I was tempted to borrow from another 45k to pay 68k in 8days to clear the previous debt, but resisted the urge. I just want to be free from their shackles.
Please avoid loan shank apps. They will milk you, squeeze you, dry you and frustrate you.

Association of the Shameless.

Samuel1106:
If possible, stay away from these loan shanks apps. They do more harm than good. Imagine borrowing 35k to pay back 50k in 8 days. Due to Zenith Bank upgrade I couldn't make the payment on 1st October, despite all my plea and struggle to meet up. These guys sent out my name with my picture and contact labelling me a ritualist and organ harvester, that I am my family is on the run. Who ever sees us should report to the nearest Police Station. Omo am still going through the shock and traumatic experience. One thing I can't do it to kill myself. Eventually when the network was restored, the total amount had increased to #66,600. I managed to pay 20k yesterday as a commitment. They insulted the life out of me. With threats for legal actions if I don't complete their money before the end of yesterday.
Today them done call me tire. I can't kill myself. What I will do is strive to get the balance of the original amount and send to them. Whatever be the overdue charges na for their pocket.
I was tempted to borrow from another 45k to pay 68k in 8days to clear the previous debt, but resisted the urge. I just want to be free from their shackles.
Please avoid loan shank apps. They will milk you, squeeze you, dry you and frustrate you.

Thanks for sharing, but which particular loan app did that do u, the defamation

SilentEmma:


Thanks for sharing, but which particular loan app did that do u, the defamation

Nairabus

Samuel1106:
Nairabus

Nawa o...

God go help us

I think there should be a body in Nigeria that should regulate these loan sharks. If on top of money that is not up to 10million naira and they tag their customers HIV, robbers and all kind and manners of defamatory names, I think there should be a channel to report their harassment and charge them to court.

The truth is that some of them deliberately cause a glitch in their systems so that the repayment could be delayed and as a result add extra changes. This is pure wickedness!

Anyone who has borrowed up to three to five times and repaid conveniently should be treated as king. But reverse is the case.. Such a person should be allowed ten years to repay if he default in payment at his/her convenience before action is taken against such.

Sincerely the government should do something against these sharks

Samuel1106:
If possible, stay away from these loan shanks apps. They do more harm than good. Imagine borrowing 35k to pay back 50k in 8 days. Due to Zenith Bank upgrade I couldn't make the payment on 1st October, despite all my plea and struggle to meet up. These guys sent out my name with my picture and contact labelling me a ritualist and organ harvester, that I am my family is on the run. Who ever sees us should report to the nearest Police Station. Omo am still going through the shock and traumatic experience. One thing I can't do it to kill myself. Eventually when the network was restored, the total amount had increased to #66,600. I managed to pay 20k yesterday as a commitment. They insulted the life out of me. With threats for legal actions if I don't complete their money before the end of yesterday.
Today them done call me tire. I can't kill myself. What I will do is strive to get the balance of the original amount and send to them. Whatever be the overdue charges na for their pocket.
I was tempted to borrow from another 45k to pay 68k in 8days to clear the previous debt, but resisted the urge. I just want to be free from their shackles.
Please avoid loan shank apps. They will milk you, squeeze you, dry you and frustrate you.

What now happened to defamation they had done to you

hakeemhakeem:


What now happened to defamation they had done to you

They're supposed to be charged to court for defamation of character and for labelling someone with HIV. And they supposed to pay for fine

SilentEmma:


Me I am owing as follows
New credit (about 70k)
Okash (about 140k)
Xcross cash (about 300k)
Branch about (24,600)
Fairmoney (joint borrowing with my friend)

I heard same people own xcross cash and new credit

All my debts are already due, I am tired of taking from one loan app to pay another... They don call me tire and threatened hell out of me... Though no one of my contacts has reported to me that they called them... I am making plans of paying everyone of them, minus what ever interest that may have been added due to late payment (that's it they agree)

I can't kill myself... God go help us

That means you're owning not less than N500k and it's even increasing as of this moment.

You're a big boy if you can pay everything up in this Tinubulation era.

If you're strong hearted, blank them.

Udumasteve62:



Soko loan
Pampay
Fair money
Carbon
Migo
Nirsal
Palm credit
Branch
Aella
Jumia pay
New credit
Money in minutes
L credit ........ ..omo... different threats, calls,some later beg ,some no call again

They're all empty threats to put fear in you.
Blank them if you're a hard man