Look at what loan shark crooks call business

Look at what those crook called business

Look at it

Look at what loan shark crooks call business

Look at it

Look at what loan shark crooks call business

smart8956:

Thief.
What that man says is true. Do you even know the country he's staying? Most of us have criminals intentions reason many countries hate us. Why will you collect in first place if you won't payback? Is it free money? I'm disappointed to see exited comments.

You are a crook you will lie in Google playstore that you are giving out loan in 180 days with interest of 2% after innocent people have downloaded your app you will give them 45% interest for 6 to 7 days.

You are a liar and a crook. Nigeria government said no you must abide by our country laws if you are not okay with it look for another country to start your crook business.

Snapdrag0n:
.
I can see why other countries hate you criminals. I'll advise no one should pity you guys. You saw the interest and you still went to borrow?

Anyways, in my case you don't even have that chance on my app I know how to handle criminals. Reason I never allow or target my app in Nigeria or Ghana.
Most of those guys owing the app are home based. If they travel out they'll thank me because even Google is against them (Nigerians). But if you're not in Nigeria it's express. No body make it with such loan money, it's emergency loans. You can't used it to run business.
In my app it's minimum 14days because salaries are paid even before 30th and those into business we contact them to say will you manage to payback in 14days? They agreed and we disbursed. But once we detected criminals like you who has multiple loan records outside, no long story we blocked..

Some of them don't have the tech to detect. Mine is different and the currency is far bigger than naira, I can't waste my resources on criminals. You guys are the ones letting the innocent ones suffer. E.g. if a salary employee got house rent or car emergency, he can run to loan shark when banks and friends are not helping. At the end of the month he pay and cleared. But some of you guys will collect and even switch off your phone. I'm talking from experience which makes me to update my app.

There's protocols , we adhere to Google policies before app is uploaded. Before any loan company goes against you, it's either you're hiding or refusing to pick their calls. For me I ask my workers to call and investigate before giving the loan. So if by the time the client fails to pay, we call back to know why he's refusing. If the person is dead, we call their relatives to confirm and we clear it. That's a lost for us. If they person is still alive but give genuine reason why he/she couldn't pay, we extend the loan. If the person is hiding or refuse to pickup, we allow the interest rate to go until it reaches a certain limits then we take another action by calling his work place, family or someone close to remind him. If the person still fails, we report his file as fraud and we take another action which may not mention. We have ways of dealing with criminals.
In my case,they don't born you to default.
The only challenge I have is older people dying. And it's a pity that's a lost for us because we won't come to your grave to get it back. But others payback when due,some explain why they can't. I receive positive reviews that my app is the best. In just 3months I launch the app, I had over 140000k downloads. People will always need money. Mind you I have other tools in the app which I won't mention here giving me money outside the loan. Infact that's the Money I bought my first car with. It's secret Facebook, twitter, Google, tiktok and other apps employed.

So dude, to succeed Go and pay your loan. Nothing is free. One way or the other you'll still pay back even with something else. That's karma

You are a crook can you try this nonsense in western countries? The government need to use one of you crook as an example so other crook like you will learn in a very hard way.

Do you know how many people that have committed suicide because of crook like you because they were Shame by sending messages to their contacts.

Salowise:


They take the loan in other for the company to fold?
Boycott those loan sharks instead of taking money from them without intentions of paying back

I know you are one of the loan shark agent. You people must abide by the Google playstore rules and nigeria law if not the government should shut down any loan shark that invaded their customer privacy.

Salowise:


Tell me one company that charges 40% in 7 days, besides why not ignore them if their interest rate is very high

Some even charge 45% in a 6 to 7 days. Hc wallet, Nairaland loan, Ucredit, Tloan ,Cashpaddie,

I don't take loan from them but I know people that take loan from them. What they are doing is illegal it's against Google playstore rules to give out loan with that huge big % interest.

Even yesterday night I received a message that one of my contact is owning Wecredit loan app. Are the above the law? Why can't the respect the laws of Nigeria.

If everyone begins to take laws into their hand there will be problem in the country


The government is not serious yet to tackle this loan shark crook when they are ready before any loan app should get approval they must make sure the deposit atleast 50 million naira so when the invaded their customer privacy the should revoke their licence and confiscate the money

Snapdrag0n:
It's a pity. I can see some criminals already celebrating here. Let me explain before you celebrate.
As a owner of fintech app (though not in Nigeria), I already learn from branch international app. It's proxi.
1. Investors invest their money into this loan companies and they make sure they get back their money from the borrowers. For you to get money from them, you've sign agreement with them digitally with your IDs, money is sent to you fast. You receive it with joy and solve your emergency needs. Now it's time to pay back as agreed you failed. They call you with several reminders you failed and even switch off your phone. If you were the one how will you feel? Are you afraid to get loans from banks because they'll deny or get your collateral when you default? Answer.

2. Your information is saved on the server which automatically can be downloaded. All your details are in their database. You can't escape. You'll pay the price with your image being tarnished. How do you feel when your ex, course mates, even pastors and neighbours receive messages you're a criminal on the run owing a Chinese company and refuses to pay? It's shameful and embarrassing. If you're not sure to make Repayment as agreed why borrow? Don't rejoice. Settle your loan dude.

3. I have 3different apps. One on playstore, one on apple store, the other on my website/Facebook. Mind you I know Google policies, I understand apple privacy policy and my terms & conditions together with my privacy policy might not be accepted by any of these. I split the app to meet their policies. I have more downloads from Facebook and playstore but my services is rendered from the app I'm hosting myself. With this I avoid any country's violation. Internet is not regulated but government like in Nigeria can decide to ban users like what happen with case of twitter.
What am i trying to say? Once a customer download whether from apple, Google, Facebook or my website. All data is saved in one database. You can't escape. I know how to handle criminals. So dude go and make Repayments, you accepted it.

Finally, I make #100,000-250,000 a day from these apps because I target salary employees and verifed businesses. Once I notice you're not in this categories I block you. Interesting fact is that you can't register again with sake ID. So to avoid criminals like those rejoicing here thinking it's free money as a typical Nigerian mentality, I block them to avoid dragging words. We all know how Nigerians behaves. Though they're good ones, but those bad eggs will spoil things for others.

If I mention my app name here, some of you will be surprise it's a Nigerian and it's same person typing here that owns it. But that's life. Keep your secret.

You need mentorship to be self-employed or you want to develop and invest on digital assets. Contact me: info.lightcloud@gmail.com

Nonsense why should you give loan with high interest 45% in 6 to 7days . Are you aware its against Google playstore policy to give out loan with high interest and in less than 60 days.

The Federal Government through the Federal Competition and Consumer Protection Commission has asked Google to remove 18 more digital loan apps from the Google Play store.

The commission stated that these apps are operating on the Google Play store without regulatory approval or in violation of the Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending, 2022 (Guidelines).

It noted that only digital money lenders that have regulatory scrutiny and compliance evidenced by written approval from it are allowed on Playstore.

Listing the deleted apps on Wednesday, the FCCPC said, “Accordingly, the Commission has entered a further order requiring Google to immediately remove, withdraw, or drawdown the following

“Getloan, Joy Cash-Loan Up to 1,000,000, Camelloan, Cashlawn, Nairaloan, Eaglecash, Moneytreefinance Made Easy, Luckyloan Personal Loan, Cashme, Easynaira, Swiftcas, Crediting, Swiftkash, Hen Credit loan, Nut loan, Cash door, Cashpal, and Nairaeasy gist loan.”

The commission further stated that compliance with its guidelines is mandatory for all digital money lenders, and failure to comply is a violation of the law.

It added that infractions or infringements may lead to permanent delisting and prohibition, as well as law enforcement action, including prosecution.

Recently, the FCCPC has been clamping down on loan apps operating illegally or/and harassing Nigerians. On July 20, 2023, it delisted some registered digital money lenders for breaking its rules.

https://www.google.com/amp/s/punchng.com/fg-asks-google-to-remove-18-loan-apps/%3famp

tuzle:
oya show me one popular loan app that collect 45% interest in 7days

I mean loan shark like Hc wallet, Tloan,Cashpaddie, nairaland loan,Ucredit,

tuzle:
shey u wan even pay the money before. The thing wey they always pain me be say before u collect loan u see interest still read their terms and conditions but after them start their own una go kon dey talk say them this them that. They don't force anyone to collect loan, they are running a business and if u know u can't pay back then don't collect.

You are wrong it's against Google playstore policy and nigeria law to give out loan to be pay in 7 days. They are very greedy why should the charge 45% interest in 6 to 7 days loan.

olisefom:
Whatever!

What I don't understand is how people borrow money without a plan to repay.

You can't put all the blame on the people that borrowed the money what about the loan company that gave out loan with 45% interest to be pay within 6 to 7 days

Salowise:


I just dey feel for the loan companies, with this news dem no go ever pay.

Don't feel for them they are very wicked. How can some of the loan company charge 40% interest in 6 to 7 days . Which business will you do to make the money within short time of period .

My beautiful angel

Baby oku

Lol

Good for the mob. Give the muslims a small taste of what they've been visiting on the infidel world for 1400 years. The article fails to mention that all this strife in the CAR began when the islamists overthrew the legally electred government of President Bozize in March 2013, and began a genocidal war against Christians there. Never forget, islam is dar al islam (house of islam) vs. dar al harb (house of war). All muslims are mandated by the Koran to wage jihad, by violence or stealth, against the infidel kafir (nonbelievers) of dar al harb until islam reigns supreme, with all under sharia. Know islam, no peace. No islam, know peace.

well it's nice of the u.n peacekeepers to show up once the coup has taken place in order to keep the unelected muslim in charge. now they want to disarm the citizenry so they cannot fight back against the cruel and hateful muslims. this country is 85% christian and the united nations wants to ensure they are ruled over by a very small muslim minority. fight back people of C A R. DO NOT GIVE THEM YOUR GUNS. if you are disarmed you will die or become slaves. united nations needs to get out of this country.

Anytime people start attacking muslims, the police and the military will come out of the woodwork very quickly to stop it. but muslims attacking and killing Christians is very common and seems o be acceptable.

Why are these muslims being protected after all of the violence and destruction they've caused? They should be handed over to the mob with bows on their heads, now THAT would be justice!! The world is sick of islam. thank God that Christians have finally starting to fight back!

Fashola should stop selling us Awori and Eguns Ethnic group which business do we have with June 12 no problem it is high time tinubu should leave our state for us and go back to his village

chidindufrank: What is Lagos state waiting for to declare June 12 public holiday?

Try and Respect Your-self Why should the declare Public holidays in Lagos State we are not yoruba we are Aworis and Eguns Ethinc Group the real owner of Lagos state

donted: My guy too much weed is bad for you

Every Nigerians knows that Buhari is the Leader of Boko Haram

Chanchit: To start with, the Op is an anti-Buhari and secondly, stop calling Boko haram a jihadist group cos they now rob banks and kidnapp for ransome. So in other words, they dnt have a manifesto.

What do you mean is buhari not the sponsor of Boko Haram