fergie001:
Co-incidentally, I was just watching Macaroni and Shaggi's skit on Isonu bank minutes ago

Lionnation:
If you have sense you will use what you have to get what you want, what you just did if true is penny wise pound foolish,

AnonPoet:
How a loan app wiped out my account and left me broke

See me see trouble o! one loan app in this country, (I will not mention their name yet) has wiped my entire life savings and they have left me dead broke. Around early February this year my friend told me about a business that i can invest in and get good profit by the end of the year. Usual na, I got excited about the project and I had to make sure I hustle the money anyway, anyhow; that was how I remember that I saw one advert on facebook, so I went to the Facebook page and I copied the WhatsApp number from the page. Naso it start o! they asked me to register, write my mothers name, my office even collect my BVN and card details join!! Haba! I should have known.

I took the loan even with the high interest because I didn't have a choice and guy man gats make sweet cash. The 1st instalment i paid, 2nd instalment i delayed for 2 days...honestly no be my fault i even tried reaching out to them for small time more but no one answered. That's how the 3rd instalment came these loan app cleared all my account o! They removed all the money in my account claiming they couldn't be patient anymore! I've called & called but they didn't answer me! Next thing their representatives dey insult me!

Guys, I want to know what to do o! Is this how all loan apps do? they will shame you and suck your account dry? Abeg people talk o! what can I do?

Which decent loan apps can one use in the future?

1. FairMoney
2. Carbon
3. RenMoney

Which off these three is recommended abeg?

effico:
Op, I have been dealing with these loan apps since 2018 and I know the cons and pros of all of them. Let me tell you from experience that none of these Loan apps are worth the risk of getting funds from them. They will drag your name to the mud. All those advertising fair money are only after what they will gain from referring you to Fair money.
Carbon, Branch etc are all loan sharks who can make you poor overnight.

If you must take loan, it should be only for business. Finally, if you must take loan, let it be from your bank. Banks have very low and attractive interest rates. Let me give you example, standard chartered charges monthly interest rates of 1.083%, union bank is about 3%, etc. No bank in Nigeria charges above 3% per month. Avoid all these loan apps, they are no good. But if you can, avoid loan generally.

Bakerdav:
that is wat they use gain customers bcs they don't send blackmail msg ,but there interest mad gan o but they will keep sending SMS to remind u about ur overdue loan repayment and threat msg that they will report u to credit bureau soon

executive12:
So with your sad experience, you are still asking which loan app is better? It seems you have never heard about the saying "once bitten twice shy"?

ipobarethieves:
Avoid all of dem and experience PEACE of mind.GTB is still ok but avoid am too.The sure way is to seek the money from ur friends and pay back.But Nigerians attitude won’t allow a friend to help

AnonPoet:
How a loan app wiped out my account and left me broke

See me see trouble o! one loan app in this country, (I will not mention their name yet) has wiped my entire life savings and they have left me dead broke. Around early February this year my friend told me about a business that i can invest in and get good profit by the end of the year. Usual na, I got excited about the project and I had to make sure I hustle the money anyway, anyhow; that was how I remember that I saw one advert on facebook, so I went to the Facebook page and I copied the WhatsApp number from the page. Naso it start o! they asked me to register, write my mothers name, my office even collect my BVN and card details join!! Haba! I should have known.

I took the loan even with the high interest because I didn't have a choice and guy man gats make sweet cash. The 1st instalment i paid, 2nd instalment i delayed for 2 days...honestly no be my fault i even tried reaching out to them for small time more but no one answered. That's how the 3rd instalment came these loan app cleared all my account o! They removed all the money in my account claiming they couldn't be patient anymore! I've called & called but they didn't answer me! Next thing their representatives dey insult me!

Guys, I want to know what to do o! Is this how all loan apps do? they will shame you and suck your account dry? Abeg people talk o! what can I do?

Which decent loan apps can one use in the future?

1. FairMoney
2. Carbon
3. RenMoney

Which off these three is recommended abeg?

ipobarethieves:
Avoid all of dem and experience PEACE of mind.GTB is still ok but avoid am too.The sure way is to seek the money from ur friends and pay back.But Nigerians attitude won’t allow a friend to help

AnonPoet:
How a loan app wiped out my account and left me broke

See me see trouble o! one loan app in this country, (I will not mention their name yet) has wiped my entire life savings and they have left me dead broke. Around early February this year my friend told me about a business that i can invest in and get good profit by the end of the year. Usual na, I got excited about the project and I had to make sure I hustle the money anyway, anyhow; that was how I remember that I saw one advert on facebook, so I went to the Facebook page and I copied the WhatsApp number from the page. Naso it start o! they asked me to register, write my mothers name, my office even collect my BVN and card details join!! Haba! I should have known.

I took the loan even with the high interest because I didn't have a choice and guy man gats make sweet cash. The 1st instalment i paid, 2nd instalment i delayed for 2 days...honestly no be my fault i even tried reaching out to them for small time more but no one answered. That's how the 3rd instalment came these loan app cleared all my account o! They removed all the money in my account claiming they couldn't be patient anymore! I've called & called but they didn't answer me! Next thing their representatives dey insult me!

Guys, I want to know what to do o! Is this how all loan apps do? they will shame you and suck your account dry? Abeg people talk o! what can I do?

Which decent loan apps can one use in the future?

1. FairMoney
2. Carbon
3. RenMoney

Which off these three is recommended abeg?

you never learn sense abi

The5DME:
You can't mention the name of the company right?

Bakerdav:
don't ever use fairmoney they will not encourage u for there loan repayment, with there high interest ,the interest is mad and there is still late payment charge's every day for late payment

Lordofalmajiri:
Will Branch send messages to your contact if you default??

aramanda14:
If it’s the same fair money I use then I think you’re wrong sha. They currently have the best interest rate in the market

Olaoluwa112:
If you own the loan app what will you do?


They have their terms and conditions, you signed up for this, they showed you everything and you agreed to this.

But once you collect the money, you will come to naira land and be disturbing us on how them do you strong thing.

What's the point of going into a business? Is it not to make money?

Baba them don use you cash out, na December we dey o.

Ramzyranks:
It’s better he keeps quiet about their name if he no want trouble

pdppower:
You claimed they wiped your account yet you still don't want to mention their name. Kwantinu

Pat081:
God will bless you if it is true why can he mention the name so that others will learn from it

Ifesinachi22:


Is only in Nigeria that you will lend a friend money and end up loosing both the money and the friendship.!

joeytrib:
I am so sorry about your experience but incase of next time use FairMoney boss. They have the best interest rate out there.

Ifesinachi22:


Is only in Nigeria that you will lend a friend money and end up loosing both the money and the friendship.!