afadi2410:



No excuses,tell him to go pay his loan,nonsense!

Niece:
A man has accused a loan app of announcing his obituary after he defaulted, WonderTV Media reports.

The man who shared the obituary banner on a social media group wrote;


lalasticlala

Walkee:
Mumu talk. If loan shark near cbn office they will be thrown into prison. You don't know loan shark and usury are illegal business abi? Let soko loan people come 10 km near cbn office let's see if they will not rot in jail. Why do you think they use fake addresses?

chatinent:
Oga, inasmuch as I don't support what they did, is it five days you are calling ordinary yet you cannot pay?

Ogbeni, go and pay your loan!

What if what they did to you was in their terms and conditions that you didn't read but agreed to?


After five days, you ghost them. Now dem don ghost you, you dey para.

Who still dey even patronise these scam loan apps!

khadaffi:


If the bolded statement is true then why do we have so many loan app companies these days?

chatinent:
Oga, inasmuch as I don't support what they did, is it five days you are calling ordinary yet you cannot pay?

Ogbeni, go and pay your loan!

What if what they did to you was in their terms and conditions that you didn't read but agreed to?


After five days, you ghost them. Now dem don ghost you, you dey para.

Who still dey even patronise these scam loan apps!

abbey621:


Well that's just not the complete truth, if there's anything you should know about Nigerians is that someone that wants to pay will usually pay and those with no intnetion of paying will not pay even if they are given 60 months to pay. Ask yourself this simple question, WHAT IS THE INCENTIVE TO PAY?

For example a company is set to make 1 million Naira on a loan of 10 million Naira paid within 1 year. Even with a restructured payment schedule, the debtor failed to pay, as the debtor who just lost his job and is facing wahala from landlord and children's school fees, would paying the loan be a priority for you? As a loan company, what other restructuring will you attempt before realizing this is a loss?

In a typical advanced country the default rate is less than 10%, for 9ja I dare you to guess the figure....You'll be SHOCKED

3rdavefarms:


Then who gave them all the access to your contact if Truely they were not authorized to run in the country , I doubt if yiu know they are fully registered with CAC AND ALSO PAID TAX TO FIRS wake up from your slumber man mii they can involve Efcc abs recover all those looted and relooted funds

Bluntemperor:


You talk Nonsense,for staying at the corner of your room and you typed this?
How could death/ obituary announcement be equated with someone who is still alive?
Is it the first in history that repayments of loan or facility is being delayed?
The loan app is in big troubles and they should pay dearly for turning the Banking System into another thing!
The man should go to the Court ,get a good Lawyer and win the Case heavily and supposing he was sick, or even the System can delay,so you got a chill,eh?
Anyway,CBN--you see what is happening with your liberalism- APPS, rubbing Nigerians with nonsense advertisements all over the places!
A Big Shame!

erniok:

How did you deduce they pay tax? Do they have physical addresses? They need to be regulated period. That's how you can be sure they actually pay taxes.

3rdavefarms:


They do pay tax , there is no finical institution that doesn’t have an addresses it may not be review to the general public hence they have , all of them have BVN , but the truth of the matter I want them to stop Soko loan they are the reason people commit sucide here and there

tolue42:
Run from shark loans... I learnt the owners of those apps are Chinese, but using Nigerias for operation.

In a reasonable society, Chinese can never do this to their own citizens. But here they are using blacks against black.

It always good to pay back loans. But this Chinese strategy is not the best way. Imagine some nigerians are even supporting this barbaric act

BOSMANARIS:


I am not in support of the said act IF TRULY, IT WAS POSTED BY THE LOAN COMPANY which i doubt cos I've once worked in one of tbe companies and i know what these customers come up with to not pay their loans.

They lied at so many things, some, they had accident, to some, their loved ones died, some would even say the owner of the phone you called is dead while some foolish ones will go to design or edit a receipt and send as their proof of payment.

Do you know most of these people collecting loan, aren't using it for any business to return profit to pay back neither are they using it to settle any urgent need. Most that collect loan, uses it for fun and they don't have any job doing that they are expecting money from o

emmanuelbrown26:
y
Afonja I sight u, afonja wey get mouth. Na only shout una sabi

Nyanmiridunce:
Those loan apps are so so terrible. No wonder dem no dey disclose their office. Boys go don enter their office beat craze comot for dem body. Imagine wishing someone dead of 10bn loan.

Calicoe:


U dey mind the stupid man? Left for me, na to track loan defaulters down and cripple their legs go make sense. Dem start loan business for them to come default?

Cholls:
my brother let him go and pay his debt don't discourage him

Niece:
Why did he collect it? I hate debtors.


Op must have been the one who also posted the obituary on Istablog and other mirco blog platforms.

erniok:

What made them financial institutions. They fact they give loans? If they are financial institutions, who regulates them if I may ask.

wunmi590:


If the guy knows his onions, this is an opportunity for him to be a billionaire, because the way judge would slam billions of naira on the company, they would fold up immediately

erniok:

You could be right. I understand some of you do what you do based on experience but sometimes, some of you go overboard because you simply believe they are indebted to you regardless of the position of the law on your actions.

exalt2009:

You are very stupid and useless human being... Very soon customer will burnt down your office and soko and gocash staff will be beating to hell... Just wait and see

jimcaddy:
This is so messed up. You see Soko loan in particular. They are evil in that organisation filled with devil incarnates. And they believe that they are untouchable. If ee sure them, reveal your office location and see if boys will not storm there and deal with you. What sort of nonsense is this? And the problem is that it is we Nigerians that don't have sense that are doing this. You're doing a 40k job, yet you are making someone else's life miserable. I know some mumu Nigerians will be there supporting them. Banks don't even go this far to recover loan. There are better ways to recover your money.