NGArmyTerrorist:
They can either go to bank for loan now or go hungry because they're never a good neighbor! Those who thought that the loans they collected will be wiped out, rejoice not. All your data, everything in your phone are still with them, no escape!

Chigozirimkpoma:
Punch can't even edit typos correctly. Which one be Central Vank of Nigeria?

Mrkumareze:
Some nairalander debtors ll be happy

olaboy33:


Whatever legal means they chose to recover their loans if you default, after accepting their conditions, you shouldn't complain of.

puretayo:
I can't find sokoloan on the list. Why kwanu?

BluntTheApostle:


Sokoloan is there. But they now go by many names, including Go Cash and Fast Money.

Their office has been locked up as we speak.

Their workers had the audacity to stop the agencies involved in the sting operation from leaving, but the police fired into the air, and cleared them.

All their equipment have been seized, and their office locked up.

The FCCPC are in collaboration with NITDA, ICPC, and the Nigerian Police.

Burgerlomo:
Some debtors right now

mrvitalis:

Repossession .. Google can help you read aboy repo men and how they operate

Start your own loan company if u think u can do better

Splitmind:
Very good.

They should go after Kudabank as well.

Plus10:

Bit their app is still very much active?

BluntTheApostle:


Google will soon take it down.

The FCCPC and the other agencies have said their next mission is to get Google involved.

Maybe you don't know it, but these apps have also broken many of Google policies, and Google will only be too happy to pull them off with the speed of lightning.

Same with Apple for the Apple store.

Goalnaldo:
Sigh. The two companies I'm owing are not there. Lcredit and Ajeloan

Chigozirimkpoma:

Wise man.

unitysheart:


https://punchng.com/fg-shuts-illegal-online-banks-freezes-business-accounts/

williams77:
Regulate them instead of an outright ban, getting quick loans from conventional banks is not easy, they provide jobs and assist people financially though their excesses need to be curbed

DeepSight:


This is a simplistic response. Defaults on loans are a fact of life everywhere in the world. The response to such defaults needs to be proper, not criminal.

helinues:
Better.

Na one night Dem go dissapear like MMM

Burgerlomo:
Some debtors right now

ednut1:
i dont work for a loan company. But I believe anyone who take money there without means or intention of paying should be jailed

unitysheart:


https://punchng.com/fg-shuts-illegal-online-banks-freezes-business-accounts/

BluntTheApostle:


Those ones are armed robbers.

You apply for a loan of 10k to repay 20k.

They send only 6k to you, and still expect you to pay 20k at the end of the day.

I am compiling a list of them. Someone sent LCredit to me, and I did my findings.

I will first report them to Google, and then to NITDA and FCCPC.

Leonard17:
I have their address , send me a mail Priscillia636@gmail.com

1Alex:
Lol. People wey dey owe dem right now

MrPADDY:
Sad development for the lenders and the borrowers. The federal government should have found a way to regulate the sector, instead of forcing them to close shops.