We are taking this up even legally. If you are sure of yourselves provide an address Naa.
The Soko guy said Agidingbi, our team went there, Na fake address.
We later called him he changed his words and later said it's Abuja.
You people know the wickedness and havocs you have created into people's life. But watch out, God lives. Evil loans would go down. We are just starting.

I

NIGERIA MUST DO SOMETHING URGENT ABOUT THE KILLER LOAN APPS IN THIS COUNTRY.

Nigerians are at present being terribly exploited by on-line money lending platforms. It is like a sort of prison without walls. And the experiences with these debts 'Prison' are simply traumatising.

Today, there are hundreds of loan apps on the goggle play store literally feasting on Nigerians with their outrageous interest rates and very short term repayment tenors.

Some sites offer loans with repayment tenors of only 7 days and 14 days. The most curious thing is that their advertisements, targeted at luring unsuspecting, poverty stricken and dire need audience, are deliberately skewed to give false picture by making their offers look customer friendly.

They usually advertised 60, 90, 180 days, etc repayments plans/tenors with attractive interest rates. But once you signed up, the real monster picture is unvail to you.

Take Sokoloan that gives say N14, 000 for subscribers to repay N21, 175 (N7, 175 interests) and its subsidiaries, and co - travellers like 9ja Cash, 9credit, Gocash, Lcredit, imoney, Okash, Kas Kas, Xcrosscash, icoin, Naira plus, Fast Cash, Fast Money, Naira cash, cashmall, xcredit, easy money, etc.

Apart from extremely short repayment tenors, high interest rates, they have highly temperamental and abusive staff. Just a day default on repayment can earn you the highest embarrassments.

They will send threats text messages to all your contacts, rain abuses, insults on you and your family. In fact they go to the extent of threatening you with Police, EFCC, Inter Pol, and declaring you a fugitive.

That is besides charging you huge defaulting fee. The aim is not just to drive fear into you but actually to tarnish your image and reputation. And they do boldly communicates their devilish intentions to you.

Look at these two messages: THIS IS TO INFORM THE GENERAL PUBLIC THAT THE ENTIRE FAMILY OF GBOT ARE THIEVES, THEIR DAUGHTER MERCY GBOT WHO IS AN ARM ROBBER/HARLOT WITH NO ..... DUPED A COMPANY AND SHE IS NIT TO BE TRUSTED WITH ANY FORM OF TRANSACTION HENCE DISTANCE FROM HER AS SHE HAS PROVEN TO BE A THIEF (22163911745)

A CHRONIC DEBTOR AND FRAUDSTER MR. DUCK SAM WITH PHONE NUMBER .... WANTED BY NPF/EFCC HE ABSCONDED WITH COMPANY'S MONEY, INFORMED HIM TO PAY BACK OUR MONEY NOW OR HE GET ARRESTED .... imoney.

It is high time the government of Nigeria did something about these wicked merchants taking undue advantage of the prevailing economic situation in our country to ripe poor Nigerians off mercilessly.

Research has shown that the damage caused in the lives of people by the unscrupulous activities of loan companies can better be imagined.

Some of the loan sites have device fraudulent ways of debiting people's account illegally. The criminal indulgence usually happens between 1am to 4am. Many have lost huge money through debious channels.

The Kenyan government recently sanctioned similar financial merchants in her country, Nigeria can do the same.

The loan apps have become slaughter slab where the already impoverished citizens of this country are being bruised, battered and bloodied.

These human abattoirs must be shown the way out of this country fast.

Debtors are not thieves! "Na condition dey make crayfish bend."

Arguing with these slaves is equal to waste of time. So because the guy needs a little cash he must turn to friends and relatives. They must know his secrets.
You see I have stopped arguing with them cos even if a customer dies as a result of their reckless actions it means nothing to them. Theirs is to get money. That's the way their slave masters mentored, wired their brain, forgetting that these same people left their country to feast on Nigerians and by God's grace they would fail.
It's not by force, leave the indigenous loan companies and get out of our country.
A friend lost contract close to millions of naira cos of these same people and their recklessness. Not everyone likes telling people about their life issues hereby borrowing from them.
They have made Nigerians poorer.
Just watch and see.

Calisto who is a fraudster is defining fraud.
Hahahaha.... Chinese companies would give you 30k to get additional 14k. Asking you to pay 44k. In just a week or 2 weeks.
And if you default for a day, they keep adding. Who be fraudster ooo?
Nonsense people. Why can't they do that in their country, they know the implications, they would be burnt alive.
They use the likes of calisto as Chinese slaves to terrorise their fellow Nigerians.
Na you mumu pass.

@Calisto
Na una mumu pass, you think publishing names and calling contacts is the best loan recovery tactics.
Lolzzz go and learn from kindle loan and Gmoney.
Their staff dey drink garri for house now. You would soon join them. Amen

That calisto goat is indeed a Chinese slave. If he thinks it's easy go get the loan and invest within 7 days.
That juju the Chinese did to you guys would soon clear from your face when they shut down their company and run to their country. Your mumu go clear