I just need someone to scold me badly, maybe it will help me get sense.

Seriously I can't just believe at my age I still do the things I do.

Right now I am in deep hole of debts from these loan apps. Can you imagine someone taking loans from more than 10 apps? Yes that someone is me.

Presently if I should add up all the loans it will be close or more than 500k. The annoying thing is this is like 3yrs now I have been struggling with these apps.

I once was able to clear all the loans but like a dog going back to it's vomit, I still went back to them (I seriously need delivarence).

Why I'm so ashamed of myself is because I didn't take these loans mostly because I don't have a good source of income but because I don't know how to save and I am very extravagantly wasteful. I loving feeling rich, I can buy beer and flex anyone those I know and those I don't.

Thought getting married will help but for where like I got worst after that.

I seriously don't know how to come out of this mess I dragged myself into. Because these loan apps will only give you 7days loan with very high interest. I have been servicing these loans throughout last year and I don't want to continue this year.

I have already spent more than 200k this month alone on interest alone because I have to borrow again to be able to pay others.

I'm owing the following apps:
1. Fastmoney 70k
2. Imoney 50k
3. Gocash 38k
4. 40k
5. Palm credit 70k and counting this is long over due.
6. Kuda 50k
7. Next credit 21k
8. Mint loan 35k
9. 9jacash 12k
10. Add money 9k
11. Ncash 9k
12. Ducredit 70k
13. Ajeloan 15k
14. Easy Naira 12k.
15. Cashsea 26k

I'm even scared to add the total but this my current reality. Virtually all are 7days loan.

I don't know how a sane human being can get to this stage, I don't want to attribute anything to anyone or some village people. This is my owing making, and I have been living with this burden for long. I was hoping to get a job that will pay me like 500k at once but none for now.

I dont even know what next to do. I have alot of other responsibilities to cater for.

I don't even have friends or relatives I can run to. I am writing this because I deserve all the insults in the whole world. I deserve to the stoned. Though I will never take my life because of this, God forbid but I can't grow with these on my neck and it's really weighing me down.

I can't remember when last I genuinely smiled or laughed.

I'm determined to find a way to over come this problem. That's why I'm here.

I know you guys will come for my head but I'm already in this shot so I will accept any insult. But please if someone can say something to help me a little I will appreciate.

I'm not breathing fine but I'm currently harvesting what I planted.

Wish I can get a counselor or therapist who can help me because I'm scared that even if I suffer and clear these I might not learn my lesson because it has happened before.

What can I do please?

And we were insulting Buhari for collecting loans from China. The worst part of your stupidity was collecting numerous loans just to flex people that won't attend your burial if depression compels you to kick the bucket. Well, since loan defaulting is not a crime, just brace yourself for the embarrassment and reproach you'd face. Tell your wife about the debts and pay the loans one after the other. Now where are those people you flexed with the loans when you needed them? Nowhere to be found.

First thing, stop borrowing.

Next, stop trying to act richer than you are. Those you are trying to impress don't truly care.

In addition, is your wife in on your finances and vice versa? If no, it is time to bring one another up on finances. Draw family budgets together, pay each other (some percentage of the monthly income not more than 10% each) so that you can actually flex when you need to without been scared of spending monies you need to explain.

Then, see if you can get a loan from family members/friends to pay off the loan sharks while you work a realistic budget in paying back.

Lastly, think of investment and savings. An easy way to start might be some percentage of your income to annuity, some to an education fund for the kids, some to some regular savings, some to stocks, and some you can play around with (crypto, forever etc) or extra savings if you can't take risk.

Over all, be accountable to one another. The openess is truly needed.

Next, stop trying to act richer than you are. Those you are trying to impress don't truly care.

This is important

[s]

Degunners:
I just need someone to scold me badly, maybe it will help me get sense.

Seriously I can't just believe at my age I still do the things I do.

Right now I am in deep hole of debts from these loan apps. Can you imagine someone taking loans from more than 10 apps? Yes that someone is me.

Presently if I should add up all the loans it will be close or more than 500k. The annoying thing is this is like 3yrs now I have been struggling with these apps.

I once was able to clear all the loans but like a dog going back to it's vomit, I still went back to them (I seriously need delivarence).

Why I'm so ashamed of myself is because I didn't take these loans mostly because I don't have a good source of income but because I don't know how to save and I am very extravagantly wasteful. I loving feeling rich, I can buy beer and flex anyone those I know and those I don't.

Thought getting married will help but for where like I got worst after that.

I seriously don't know how to come out of this mess I dragged myself into. Because these loan apps will only give you 7days loan with very high interest. I have been servicing these loans throughout last year and I don't want to continue this year.

I have already spent more than 200k this month alone on interest alone because I have to borrow again to be able to pay others.

I'm owing the following apps:
1. Fastmoney 70k
2. Imoney 50k
3. Gocash 38k
4. 40k
5. Palm credit 70k and counting this is long over due.
6. Kuda 50k
7. Next credit 21k
8. Mint loan 35k
9. 9jacash 12k
10. Add money 9k
11. Ncash 9k
12. Ducredit 70k
13. Ajeloan 15k
14. Easy Naira 12k.
15. Cashsea 26k

I'm even scared to add the total but this my current reality. Virtually all are 7days loan.

I don't know how a sane human being can get to this stage, I don't want to attribute anything to anyone or some village people. This is my owing making, and I have been living with this burden for long. I was hoping to get a job that will pay me like 500k at once but none for now.

I dont even know what next to do. I have alot of other responsibilities to cater for.

I don't even have friends or relatives I can run to. I am writing this because I deserve all the insults in the whole world. I deserve to the stoned. Though I will never take my life because of this, God forbid but I can't grow with these on my neck and it's really weighing me down.

I can't remember when last I genuinely smiled or laughed.

I'm determined to find a way to over come this problem. That's why I'm here.

I know you guys will come for my head but I'm already in this shot so I will accept any insult. But please if someone can say something to help me a little I will appreciate.

I'm not breathing fine but I'm currently harvesting what I planted.

Wish I can get a counselor or therapist who can help me because I'm scared that even if I suffer and clear these I might not learn my lesson because it has happened before.

What can I do please?

[/s]

Your total debt is N527k.
Cheers.

Degunners:
I just need someone to scold me badly, maybe it will help me get sense.

Seriously I can't just believe at my age I still do the things I do.

Right now I am in deep hole of debts from these loan apps. Can you imagine someone taking loans from more than 10 apps? Yes that someone is me.

Presently if I should add up all the loans it will be close or more than 500k. The annoying thing is this is like 3yrs now I have been struggling with these apps.

I once was able to clear all the loans but like a dog going back to it's vomit, I still went back to them (I seriously need delivarence).

Why I'm so ashamed of myself is because I didn't take these loans mostly because I don't have a good source of income but because I don't know how to save and I am very extravagantly wasteful. I loving feeling rich, I can buy beer and flex anyone those I know and those I don't.

Thought getting married will help but for where like I got worst after that.

I seriously don't know how to come out of this mess I dragged myself into. Because these loan apps will only give you 7days loan with very high interest. I have been servicing these loans throughout last year and I don't want to continue this year.

I have already spent more than 200k this month alone on interest alone because I have to borrow again to be able to pay others.

I'm owing the following apps:
1. Fastmoney 70k
2. Imoney 50k
3. Gocash 38k
4. 40k
5. Palm credit 70k and counting this is long over due.
6. Kuda 50k
7. Next credit 21k
8. Mint loan 35k
9. 9jacash 12k
10. Add money 9k
11. Ncash 9k
12. Ducredit 70k
13. Ajeloan 15k
14. Easy Naira 12k.
15. Cashsea 26k

I'm even scared to add the total but this my current reality. Virtually all are 7days loan.

I don't know how a sane human being can get to this stage, I don't want to attribute anything to anyone or some village people. This is my owing making, and I have been living with this burden for long. I was hoping to get a job that will pay me like 500k at once but none for now.

I dont even know what next to do. I have alot of other responsibilities to cater for.

I don't even have friends or relatives I can run to. I am writing this because I deserve all the insults in the whole world. I deserve to the stoned. Though I will never take my life because of this, God forbid but I can't grow with these on my neck and it's really weighing me down.

I can't remember when last I genuinely smiled or laughed.

I'm determined to find a way to over come this problem. That's why I'm here.

I know you guys will come for my head but I'm already in this shot so I will accept any insult. But please if someone can say something to help me a little I will appreciate.

I'm not breathing fine but I'm currently harvesting what I planted.

Wish I can get a counselor or therapist who can help me because I'm scared that even if I suffer and clear these I might not learn my lesson because it has happened before.

What can I do please?

Don't go and kill yourself eh.
Even Nigeria dey owe.
This phase will pass trust me. Just find a good hustle to make money and in no time you will clear the debts.

Stop taking more loans.

With life there is hope!

To start with, you are the architect of your own misfortune. You were borrowing to BALL who does that in this present day Nigeria?

Anyways, of all the loan apps you are owing your number one headache should be FAST MONEY (sokoloan) they will so disturb you, insult your and even post your obituary while you are still alive. all in the name of recovering their money back.

My advice for you now if you know say you never get any of their money is to run and disable your social media accounts because they will find you and start sending messages to your friends.

Another way out is to first be paying the smaller loans first before moving to the bigger ones.

KillIgbohoN0W:
[s][/s]

Your total debt is N527k.
Cheers.

why evuls na . Op just do everything in your power to pay the loans back. You are even lucky that you have a means of income so there is still hope. Every month when you receive your salary, forget all luxuries, even alcohol, just remove only your feeding and transportation and use the rest to pay the loans. Don't even buy clothes. You should even sell your clothes if possible . Sell anything sellable that you have to clear the debt. When you are debt free, then you can start again from the scratch .

You need to speak with a therapist. Go to the closest teaching Hospital or Government hospital and ask to see a social psychologist. You need to get to the bottom of the problem, probably maybe trauma from growing up in lack. Till you find the issue you will keep borrowing.

I earn about 120k a month and spend double of that on drugs and alcohol every month which means I must take loan almost every time.
May God save us from our DEMONS

Some people own na gamble, some na women and some na all join.

izywzy:
I earn about 120k a month and spend double of that on drugs and alcohol every month which means I must take loan almost every time.
May God save us from our DEMONS

Some people own na gamble, some na women and some na all join.

Must you do alcohol? As for the drugs, are they therapeutic or recreational drugs? If the latter, please desist from it asap. It would be tough thus, seek the help of a psychologist to help you manage the withdrawal effect.

You are indeed a LEGEND

Eketem:
You need to speak with a therapist. Go to the closest teaching Hospital or Government hospital and ask to see a social psychologist. You need to get to the bottom of the problem, probably maybe trauma from growing up in lack. Till you find the issue you will keep borrowing.

OK will try this. Thanks

jeffizy:
You are just like a close friend of mine. He lives for these loan companies. His daily job is to look for money to pay up due loans.

Now, I'LL share the same advice I gave my friend too.

Immediately you sort one out, delete the app on your phone. Isolate yourself from those habits that lead you to borrow.

Think of how your family is affected by such habit and think of how far you might have grown financially if you didn't commit to those companies.
Only you can help you. It takes dedication.

Thanks

bigjackass:
why evuls na . Op just do everything in your power to pay the loans back. You are even lucky that you have a means of income so there is still hope. Every month when you receive your salary, forget all luxuries, even alcohol, just remove only your feeding and transportation and use the rest to pay the loans. Don't even buy clothes. You should even your clothes if possible . Sell anything sellable that you have to clear the debt. When you are debt free, then you can start again from the scratch .

I have some few stuffs I can sell but my wife is the issue because I keep denying of taking any loan whenever she gets any message from them because I used her account to borrow from palmcredit.

She and my baby traveled and I'm tempted to dispose some few things like my home theatre, gen and fridge.

For me I don't mind selling everything to clear these debts and start over because I believe within six months I should be able to replace everything.

How do I handle my wife is my main concern because I have been lying to her

na una dey make dis tin difficult 4 we legit people suffer! am really in need of money to do my petty business

Born2Breed:


Don't go and kill yourself eh. Even Nigeria dey owe.
This phase will pass trust me. Just find a good hustle to make money and in no time you will clear the debts. Stop taking other loans.

With life there is hope!

Thanks. I just can't wait to get out.

Omihanifa:
To start with, you are the architect of your own misfortune. You were borrowing to BALL who does that in this present day Nigeria?

Anyways, of all the loan apps you are owing your number one headache should be FAST MONEY (sokoloan) they will so disturb you, insult your and even post your obituary while you are still alive. all in the name of recovering their money back.

My advice for you now if you know say you never get any of their money is to run and disable your social media accounts because they will find you and start sending messages to your friends.

Another way out is to first be paying the smaller loans first before moving to the bigger ones.

Wish these loan sharks can listen to someone and agree on a repayment plan for me. If I can just like a month straight I believe I can hustle to pay everything but they won't give someone breathing space. I don't blame them because I went to them and I have to face the music.

Op have you heard what is called vicious circle of poverty?

You just succeeded in enslaving yourself.

The only deliverance you need is strict discipline, a wise man ones said

Many people spend money they don't have, to buy things they don't need, to impress people they don't know or like

Solution, sale a property worth that amount, clear your debt, take pains buying the property you sold back, after then you apply discipline and strictness when it comes to money. Cheers

Sucre6:
Op have you heard what is called vicious circle of poverty?

You just succeeded in enslaving yourself.

The only deliverance you need is strict discipline, a wise man ones said

Many people spend money they don't have, to buy things they don't need, to impress people they don't know or like

Solution, sale a property worth that amount, clear your debt, take pains buying the property you sold back, after then you apply discipline and strictness when or comes to money. Cheers

Don't even have any tangible property but I have a home theatre, a giant fridge and a big gen. If these three items can get me close to the amount I won't mind selling them off.

Please in case anyone wants to buy a home theatre, I have a Sony home theatre to sell. Will post the picture when I get home.

when you know you'll be unable to pay back a loan, why did you borrow in the first place fool

na people like you dy make all this loan apps get into bad books

[quote author=Degunners post=109293048]I just need someone to scold me badly, maybe it will help me get sense.

Seriously I can't just believe at my age I still do the things I do.

Right now I am in deep hole of debts from these loan apps. Can you imagine someone taking loans from more than 10 apps? Yes that someone is me.

Presently if I should add up all the loans it will be close or more than 500k. The annoying thing is this is like 3yrs now I have been struggling with these apps.

I once was able to clear all the loans but like a dog going back to it's vomit, I still went back to them (I seriously need delivarence).

Why I'm so ashamed of myself is because I didn't take these loans mostly because I don't have a good source of income but because I don't know how to save and I am very extravagantly wasteful. I loving feeling rich, I can buy beer and flex anyone those I know and those I don't.

Thought getting married will help but for where like I got worst after that.

I seriously don't know how to come out of this mess I dragged myself into. Because these loan apps will only give you 7days loan with very high interest. I have been servicing these loans throughout last year and I don't want to continue this year.

I have already spent more than 200k this month alone on interest alone because I have to borrow again to be able to pay others.

I'm owing the following apps:
1. Fastmoney 70k
2. Imoney 50k
3. Gocash 38k
4. 40k
5. Palm credit 70k and counting this is long over due.
6. Kuda 50k
7. Next credit 21k
8. Mint loan 35k
9. 9jacash 12k
10. Add money 9k
11. Ncash 9k
12. Ducredit 70k
13. Ajeloan 15k
14. Easy Naira 12k.
15. Cashsea 26k

I'm even scared to add the total but this my current reality. Virtually all are 7days loan.

I don't know how a sane human being can get to this stage, I don't want to attribute anything to anyone or some village people. This is my owing making, and I have been living with this burden for long. I was hoping to get a job that will pay me like 500k at once but none for now.

I dont even know what next to do. I have alot of other responsibilities to cater for.

I don't even have friends or relatives I can run to. I am writing this because I deserve all the insults in the whole world. I deserve to the stoned. Though I will never take my life because of this, God forbid but I can't grow with these on my neck and it's really weighing me down.

I can't remember when last I genuinely smiled or laughed.

I'm determined to find a way to over come this problem. That's why I'm here.

I know you guys will come for my head but I'm already in this shot so I will accept any insult. But please if someone can say something to help me a little I will appreciate.

I'm not breathing fine but I'm currently harvesting what I planted.

Wish I can get a counselor or therapist who can help me because I'm scared that even if I suffer and clear these I might not learn my lesson because it has happened before.

What can I do please?


Here is your major problem “ I loving feeling rich, I can buy beer and flex anyone those I know and those I don't”. And to add to it you went ahead and got married…Ah! I pity the said woman who will bear most of this problem, insults and embarrassment. If you eventually clear these debts, please avoid showing off and manage whatever little money you have. You’re someone’s husband and probably soon to be dad…don’t complicate the lives of those around you.

eteebanky1:
when you know you'll be unable to pay back a loan, why did you borrow in the first place fool

na people like you dy make all this loan apps get into bad books

I have been repaying. Most these loans are current running loans. So it's not as if I'm not paying. The challenge is when I pay I reapply because I need to pay another app. So the money keeps swelling

[quote author=Chasegb post=109296168][/quote]

Seriously I pity my wife because she will be the one mostly traumatized by any embarrassment.

I have to find a way to clear the debt. I just pray to do it fast enough before I drag her into any mess.

KillIgbohoN0W:
[s][/s]

Your total debt is N527k.
Cheers.

It will soon compound.
This is true when they say compound interest can work for u or against u.

Degunners:


I have been repaying. Most these loans are current running loans. So it's not as if I'm not paying. The challenge is when I pay I reapply because I need to pay another app. So the money keeps swelling

Just like crossing oshodi express and cross back severally without making any head way.

ibechris:


Just like crossing oshodi express and cross back severally without making any head way.

Yes. I'm just running in a circle. I want to break out that's why I'm here to seek for ways to do that...

I'm a very private person, for me to come out means I'm tired

This is the time to prioritised your loan seriously and as a married man, inform your wife about it. Marriage is like a football team,if the team does not play well,the coach being the Head of the team will bear the brunt. Now,u are the Head of the family and u are facing the consequences now.

Remember a closed mouth is a close destiny therefore,leave ego or fake life now it will rather aggravate your problem. The more you borrow from one app to pay another app, it will end up elongating your loan from one week to another another to even months thereby compounding your interest at your peril.
What it means is that you are simply not getting money from your source to pay off those liabilities but loans.

Draw out a plan and start paying off these loans starting with the smallest amount.

GOOD LUCK TO U.

Op its not about saving. You don't know how to invest. I hope I am not on your contact list.