Endeavour to repay them their money.

It still baffles me how una use una koro koro eyes read terms and condition of a company, agreed to it then defaults on it and think there won't be consequences.

Smh

I no dey do pass my self. I take what I am certain I can payback on time.

They like drama, later they will speak grammar, beating around the bush .

tomzyELNINO:
What amazes me is that every Nigerian know this this what these loan people do when you dont pay back on time, yet they will still go and borrow and later come here to be crying when these loan people do their their thing.

Why not go join a cooperative society or go to a micro finance bank if u need loans? You wont, because you know you cant try the nonsense of not paying back. You can only try it with Sokoloan & co.

PAY BACK YOUR DEBT AND STAY AWAY FROM SOKOLOAN & CO.

kobarney:


Omoo you de yarn dust. In that developed countries even after your extra time has elapsed they take action.. if it’s house you would be evicted if it’s gas your supply would be cut. Man shut up you thief. Ask your folk to pay up. You guys are wicked and once they come for you you start calling “in developed countries… oya go there na…” developed countries.

smh. How long as he defaulted. The law is very clear... and these loan companies are not abiding by the law. Defaulting for a few days should never warrant what they did and it is illegal. I get time dey argue with u sef. The loan companies will soon suffer a class action suit. Keep supporting nonsense

Nigerian will never change.
You borrowed and failed to pay on the agreed date and now you have come here for us to pay your debt or what?

Emeskhalifa:
Endeavour to repay them their money.

It still baffles me how una use una koro koro eyes read terms and condition of a company, agreed to it then defaults on it and think there won't be consequences.

Smh

I no dey do pass my self. I take what I am certain I can payback on time.

so terms and condition stated they would defame you? Lol. Na wa for my people o. Una just dey go school no get sense.

magnificient7:
But why are we like this as a nation.... You took the loan, you knew the terms and conditions, you were aware that they would defame your name if you default.. yet you collected their loan and spent the money. The deadline they gave to you passed and you defaulted... Now you came to nairaland to complain, what are we suppose to do? You shouldn't have collected their loan if the terms and conditions are not okay for you.

They are a company too and they need to make profits. Unfortunately this is the way they operate to ensure people pay up (though i believe is very bad and a wrong strategy)....if not many people will collect their loan without repayment.

Simply put, you had you self to blame. Thier terms and conditions weren't a secret. You knew that's how they operate...why then are you complaining

My brother help me think am o.

Is not as if pesin no see the terms o. You default and don't expect reaction? Smh

SeriouslySense:
Okay, if that's is their conditions, then fine, but he does not have to wait after three months to pay them back, he should avoid drama, if he is mentally sound.

you dont know anything obviously. They send messages the everyday the loan is due. Which is not part of the terms of the regulatory laws laid down by the Nigeria credit bureau. You guys should stop judging defaulters. A lot of them are salary earners and most times they are being owned where they work, they always mean to pay. I dont think anyone downloaded the app and filled all personal information, even drop ID card, bvn and all with a plan to run away with the loan. Haba.... how una dey think?

All these stup.id people on Nairaland forming woke and saying Nigerians have a bad habit not repaying loans and all, in saner climes, so they give 7 or 14 days loan and expect as much as 50% increase?
Even the student loan you people are talking about, isn't it paid back when you start working?
Meanwhile every Nigerian citizen is owing close to 150,000 including you, the woke ones. So be honest enough to go and pay your loan and remove the log in your eyes first before you come to discuss the twig in the eyes of your neighbors.
If they come to you for help, you no go give shishi. Hypocrites oshi.

HardMirror:
so terms and condition stated they would defame you? Lol. Na wa for my people o. Una just dey go school no get sense.

At least I no be OniGbese.

I don't go about owing loan apps and hoping I'd default and get away with it. Na ONLY EDUCATED PEOPLE THEY THINK LIKE THAT

sorepco:
Why are we in Nigeria adverse to repaying loan? How can we develop with no access to loan like other countries?

They don't only not want to repay loan companies, they also default with family members, friends, colleagues etc etc etc....

Once they ask you for money, simply say NO .......

Oga go and pay your loan ooo, you guys should just quit playing victim everytime
Let me educate those that don't know, for any loan app collection officers to go this extreme with you it means your default is more than a month, close to 3-4months, not days as claimed by you
Secondly you have repeatedly refuse to pick up when called by them, or refuse to be reasonable by paying whatever you have from the loan(instalment)
Even micro finance banks on extreme cases will sell off the collateral you use in collecting the loan or get you and your guarantor arrested after several failed attempts to get their money prove abortive
Destroying other people employment, source of income and livelihood will lead us no where
Do you know how many young people are employed and working for this loan company in Lagos?.. Thousands..

Pls kindly pay your loan as at when due and pick your call when they call you. Be reasonable you're a debtor don't claim right, talk to them, plan to pay an pay so others can benefit

If u can't pay don't go using the loan app, use a micro finance bank or any money co-operative you cam access.. Nigerians sef..

Thugnificent:
Thanks bro. Let me join. If u have the link it will be much appreciated. God bless

Abfinest007:
Sue them if u have money

comedian of d year 2022.

idiots, why are u still taking loans? The govt told u people to stop patronizing them, yet u go around still collecting, i dont pity you. Una no de hear word

Report to fccpc

BigMoneyeye:
i am also owing upto 23,000 i am only praying they wont defame me. although the threat
i dont even have a kobo yet

Guys should we tell him?

He probably knows already but is just trying to "Faith it".

He that must eat with the devil
Must have a long spoon.

You went to dine with the devil without the necessary long spoon. You shot yourself in the foot bro.

Those guys are mean.
Those guys are callous
Those guys are crude.
They have no iota of feeling.
They employ every means to recover their money.
Just prepare your mind, except you repay them , that character defamation you dread is inevitable.

If you pay them on time, na dem go de run after you to top up or collect another loan.
If you no pay them, and your repayment is overdue by a couple of days,na dem go begin defame you upandan.

The best thing is to just stay away from these sharks.

Ire o

Pay your debt to avoid further embarrassment

Thugnificent:
I woke up yesterday morning only to receive whatsapp messages and phone calls from family and friends on my contact list that they received a message of me being a criminal and "loan prostitute" on the run with company funds because of few days overdue loan. I thought the Government claimed to have clamped down on this people. My Girl friend that normally calls me every minute hasn't called since yesterday. I'm guessing she has also received the message. I'm Soo embarrassed

Go and pay your debt! I don't know what's wrong with some people. You borrow money and you don't want to pay...that's criminality. Try that with the Bank let's see if you won't be behind bars

Thugnificent:
I woke up yesterday morning only to receive whatsapp messages and phone calls from family and friends on my contact list that they received a message of me being a criminal and "loan prostitute" on the run with company funds because of few days overdue loan. I thought the Government claimed to have clamped down on this people. My Girl friend that normally calls me every minute hasn't called since yesterday. I'm guessing she has also received the message. I'm Soo embarrassed

Thugnificent:
I woke up yesterday morning only to receive whatsapp messages and phone calls from family and friends on my contact list that they received a message of me being a criminal and "loan prostitute" on the run with company funds because of few days overdue loan. I thought the Government claimed to have clamped down on this people. My Girl friend that normally calls me every minute hasn't called since yesterday. I'm guessing she has also received the message. I'm Soo embarrassed

you receive loan abi you no receive loan? go and fucrking pay your debt..debtor!

SeriouslySense:
Just imagine sue them, so he should first have the energy to go to court, when he has not even paid back, do you see how entitled Nigerians can be.


Rather he should pay them back first, then he can go to the court to sue them, if he wants to correct how soko loans relates with their collectors.

Why don't you people have the honor to pay what you collect, pay first then you can check the court to see, if the way you were addressed is okay.

Don't mind them... Some even want to pay back at their own convenience. Very entitled beings!

Emeskhalifa:


At least I no be OniGbese.

I don't go about owing loan apps and hoping I'd default and get away with it. Na ONLY EDUCATED PEOPLE THEY THINK LIKE THAT

dont assume that way. Some of these guys are salary earners that have not been paid at work. I honestly doubt they are criminally minded as you are putting it. Well that is your problem anyway, what is my own sef.

That's comprehensible, they can send reminders about the deadline, without insulting the individuals.

After he has paid the loan and if he did every thing right, he can go to the court.

HardMirror:
you dont know anything obviously. They send messages the everyday the loan is due. Which is not part of the terms of the regulatory laws laid down by the Nigeria credit bureau. You guys should stop judging defaulters. A lot of them are salary earners and most times they are being owned where they work, they always mean to pay. I dont think anyone downloaded the app and filled all personal information, even drop ID card, bvn and all with a plan to run away with the loan. Haba.... how una dey think?

Thugnificent:
I woke up yesterday morning only to receive whatsapp messages and phone calls from family and friends on my contact list that they received a message of me being a criminal and "loan prostitute" on the run with company funds because of few days overdue loan. I thought the Government claimed to have clamped down on this people. My Girl friend that normally calls me every minute hasn't called since yesterday. I'm guessing she has also received the message. I'm Soo embarrassed

Mr man go and pay what you owe, stop looking for sympathy where you did not keep it. Stop borrowing so that you will have peace of mind.

So your prayers is for government to clamp on them so that you don't pay, that means you are a fraudster.

To the extent you even have a girlfriend and I believe you have been claiming big boy, and that may be the reason she haven't called you.

The Bible warned about borrowing but people will not heed to advise.

SeriouslySense:
That's comprehensible, they can send reminders about the deadline, without insulting the individuals.

thank you for being reasonable. I dont think the op is an irresponsible person.

Thugnificent:
I woke up yesterday morning only to receive whatsapp messages and phone calls from family and friends on my contact list that they received a message of me being a criminal and "loan prostitute" on the run with company funds because of few days overdue loan. I thought the Government claimed to have clamped down on this people. My Girl friend that normally calls me every minute hasn't called since yesterday. I'm guessing she has also received the message. I'm Soo embarrassed

if anyone find the message embarrassing they should help you offset the loan, stop stressing about what people think a lot of us don’t wish each other well in this part of the world

Datboredberry:
Which money? He probably borrowed 5-20k...

He should just let it go... Many countries have debts...

With a Pro-bono lawyer and a judge willing to teach them a lesson, he can get massive judgement in his favour maybe up to 5m or more. It's a classic case of defamation, easy to proof and could protect other people against this foolery of Soko loan.

Thugnificent:
Where in the terms and condition is defamation mentioned? I've read it word for word. Didn't see it.

that means you have made up your mind not to pay from onset.

Thugnificent:
I woke up yesterday morning only to receive whatsapp messages and phone calls from family and friends on my contact list that they received a message of me being a criminal and "loan prostitute" on the run with company funds because of few days overdue loan. I thought the Government claimed to have clamped down on this people. My Girl friend that normally calls me every minute hasn't called since yesterday. I'm guessing she has also received the message. I'm Soo embarrassed

Next time
When you download loan app and they ask for access to your contacts, deny the access.

Jacobx007:

What loan sharks give are not loans but illegal lending, what sought of loan has 6 days duration with over 50% interest?

Why do you collect it?

Abfinest007:
Sue them if u have money

Lol

Nairalanders you guys are funny sha. Person never see money to complete paying his debts na him you want make he get money pay lawyer to sue person or company

Guy, take it up with them. Go to human rights to fight this for you. If you reside in Lagos, Lagos state has this legal service for issues as this.

Sokoloan never learns. They need to explain when the court called you a criminal and who gave them the right constitutionally to defame your character before several others

Thugnificent:
I woke up yesterday morning only to receive whatsapp messages and phone calls from family and friends on my contact list that they received a message of me being a criminal and "loan prostitute" on the run with company funds because of few days overdue loan. I thought the Government claimed to have clamped down on this people. My Girl friend that normally calls me every minute hasn't called since yesterday. I'm guessing she has also received the message. I'm Soo embarrassed

You are not embarrassed.
If/when you are embarrassed, you will pay up as you agreed with the loan company.
EOD!

Thugnificent:
Business wahala. Didn't have the money and I pleaded with the agent to give me some time.

The thing you guys don’t understand is that these loan Agents are also being threatened with losing their jobs if people default on paying their loans and that is why they resort to sending messages like these to family members so people can pay up.

The agents don’t own these companies and as such they cannot give you extra time because these extra times are detrimental to their own jobs too.

Every single Loan Agent has a quota they have to meet as regards the number of loans they get back in a month. Some don’t get paid unless this quota is being met.

What I got from one agent around my place of work