Ekejoestar:
E be like say this Agbaya up here didn't read the post before rushing to comment.

Well, to the crux of the matter, OP I think you should send them transaction receipt if it was online repayment you did and threaten to sue them unless they issue a rebuttal cos I see no reason why they have to call your family members since you haven't blocked any communication channel with them.

Speaking from two sides of your mouth, Agbaya

Exactly...but it's obvious OP didn't send anything how can someone be lying down when his name is been dented for something he already paid...

abbey621:
I just don't understand the business model, only a crazy business would believe they can loan Nigerians money and expect to be paid back. These businesses should know that most Nigerians are very very stubborn in fact very wicked set of people. People that would rent houses and refuse to pay and still threaten landlord for daring to ask for rent, people wey dey owe money but you will find them at beer and suya joint every weekend .

Imagine this one, you borrowed 30k you no fit pay so you ended up borrowing another loan to pay for the first loan, AMAKA WHY? If these loan companies had done their risk analysis properly they would have seen someone who clearly cannot live within his means, they would have seen someone that is high risk, sooner or later most of these companies would pack up when they realize Nigerians no get shame, in fact shameless is our national identity

Very shameless set of humans.
No integrity at all.

BabaIbo:
I don't even know what to say...


If not for humans dubious nature I would have started a loan giving scheme because these guys are making lot of money o.

31k to pay 40k ke?

The issue is that many of these loan companies give loans without collateral. (unlike your regular bank which gives loans with collateral eg..you take a loan from first bank, using a piece of land as collateral).

If you do not pay back the loan you took from a normal bank, they will sell your collateral and make back their money.

Loan app companies don't have that advantage, hence the very high interest rates.

it as happened to me before xcross cash, after making payment they claim they didn't receive it so I snapped the tracking id of the transfer and sent them all evidence of transfer they kept calling me, omo I tagged them for Twitter dropped evidence and rubbish them, them call me I swear for them

DonMaxxy:


Loan App is the latest cashout for guys way sabi. I know of a guy that borrowed money from 6 loan apps close to ₦100k

Quick check gave him ₦35k
Sokoloan gave him ₦16k to pay ₦21k
Aje Loan gave him ₦17k to ₦23k
EasiMoni gave him ₦16k to pay ₦21k800
Lcredit gave him ₦16k to pay ₦20k
Then 9cash and Hicash gave him ₦9k to pay ₦15k each.
He collected all there Money run. He said he will go to his bank and change both his ATM cards and block his account from auto debit.

They don call him tire. That's what he was telling me yesterday.
I am not in Nigeria, and don't have either NIN or Voters card, I would have followed his Tutorial on loan apps and cashout myself

If the loan companies pack up because of guys like your friend, where would people get short term, salary loans then?

(Not from the regular banks.).

Nebulax:
Oh boy

31k to pay 40k within how many months?

Some loan companies won'take heaven aswear

This guy and so many other people's stories is why the interest rate is high. (He claims to have paid, but if you check well his story has k leg).
Nigerians don't pay loan, so anyone willing to loan you will assume you are high risk so will charge for the risk taken.
Why do you think Nigerian normal banks despite all the collateral etc, wount give you loan with their comparatively lower interest rate? Because they cannot afford to chase you because of defaults, so they rather keep their money.
A friend needs 20m to conclude a contract he has. He approached his bank where he has done turnover of 180m in the last 6months, them no give am. Rather he was directed to a brother to a banker that offered to loan him the money for 3 months at 40% ie 8m! He will sign with lawyer and provide postdated cheque.

BigYash:
Did you even read the part, where he stated ,that he sent the money to them and they claimed not to have seen it? Una go just dey talk wawawawa

Which money?
If he sent money he no get proof?
For this day and age?
Abegi!
C0ck and bull story!

Join say no to sokoloan on Facebook

Danonym:
Hi everybody, I collected Loan from addmoney.

A loan of N31,000...I made a transaction and it went horribly wrong, so I had to borrow from another app and pay them their 37k, they said they did not receive it...I contacted my bank and nothing yet..

Now my loan has been 4 days overdue and I am to pay N40,000, I've been hustling and trying to pay back but to no avail

Just yesterday they called my family and insulted them, the thing just weaken me, they promised I will go viral....I am just currently lying down, weak..nothing to do..
Also this is my first post

Speak to ur account officer
Ask him/her to check NIP Wizard for the success of that transaction
its possible the money is hanging

Danonym:
Hi everybody, I collected Loan from addmoney.

A loan of N31,000...I made a transaction and it went horribly wrong, so I had to borrow from another app and pay them their 37k, they said they did not receive it...I contacted my bank and nothing yet..

Now my loan has been 4 days overdue and I am to pay N40,000, I've been hustling and trying to pay back but to no avail

Just yesterday they called my family and insulted them, the thing just weaken me, they promised I will go viral....I am just currently lying down, weak..nothing to do..
Also this is my first post

Join "SAY NO TO SOKOLOAN" on Facebook
If you no dey alright call me bastard

I don't know how you guys have mind to be borrowing money.

subsidywise18:


The issue is that many of these loan companies give loans without collateral. (unlike your regular bank which gives loans with collateral eg..you take a loan from first bank, using a piece of land as collateral).

If you do not pay back the loan you took from a normal bank, they will sell your collateral and make back their money.

Loan app companies don't have that advantage, hence the very high interest rates.

I know that is the reason. I still run it within my area, but I won't dare expand it to accommodate unknown people.

goodheart01:

Shut up biko. You’re always going off key and hardly make sense. Can’t u drop an advice and return to your vulture grilling??

Mynd44, Justwise, seun, Dominique.
Rule 2

They have started again??

Danonym:
Hi everybody, I collected Loan from addmoney.

A loan of N31,000...I made a transaction and it went horribly wrong, so I had to borrow from another app and pay them their 37k, they said they did not receive it...I contacted my bank and nothing yet..

Now my loan has been 4 days overdue and I am to pay N40,000, I've been hustling and trying to pay back but to no avail

Just yesterday they called my family and insulted them, the thing just weaken me, they promised I will go viral....I am just currently lying down, weak..nothing to do..
Also this is my first post

You made payment they claim, they did not receive it you still want to make another payment I smell lies , if make payment and you have your transaction receipt documented on phone or bank app I tell you don't pay anything again infact if you know there office, carry better lawyer join body take them to court I tell you they will pay for the damages for insulting your family

STOP BORROWING FROM THOSE SICK LOAN APPS. GO JOIN COOPERATIVE SAVE AND GET LOANS.
AND STOP USING BANK APPS FOR TRANSACTIONS,INSTEAD FOCUS ON DIRECT BANKING OR USSD

BabaIbo:
I don't even know what to say...


If not for humans dubious nature I would have started a loan giving scheme because these guys are making lot of money o.

31k to pay 40k ke?

Are you ready to chase people to get your money back? Money the person you lent will flex, then give you all sorts of story the next day. Tell people you are harrasing him because of chicken change?

NLPoliceWoman:


I am a cry cry baby, a vulture griller and the mods are my strength. Shame upon my BMC ass and my other stupid moniker

Are u okay now??

EnglandAmaka:
They don't call your contacts again. They will keep on calling you begging you to pay.

Talking out of experience. They don't call your contacts any more.

LCredit, Oxloan, Fairmoney, Ease Cash, True Naira. These ones here for sure don't call your contacts again.

Don't ask me how i found out

They just did this morning. Sent me a message of one guy like that, said he will soon go viral for fraud.

EnglandAmaka:
They don't call your contacts again. They will keep on calling you begging you to pay.

Talking out of experience. They don't call your contacts any more.

LCredit, Oxloan, Fairmoney, Ease Cash, True Naira. These ones here for sure don't call your contacts again.

Don't ask me how i found out

one of thier agent spotted

Contekbbc:

Each man for himself
Speak for yourself guy.

Try as hard as you may, the fact that you're a Nigerian already makes you guilty by association. You can have a stellar personality and integrity but if your friends, family and neighbors are shitty people, your reputation takes a hit as well. Don't take it personally my guy, fate is cruel

Danonym:
Hi everybody, I collected Loan from addmoney.

A loan of N31,000...I made a transaction and it went horribly wrong, so I had to borrow from another app and pay them their 37k, they said they did not receive it...I contacted my bank and nothing yet..

Now my loan has been 4 days overdue and I am to pay N40,000, I've been hustling and trying to pay back but to no avail

Just yesterday they called my family and insulted them, the thing just weaken me, they promised I will go viral....I am just currently lying down, weak..nothing to do..
Also this is my first post

don't pay them a dime

DonMaxxy:


Loan App is the latest cashout for guys way sabi. I know of a guy that borrowed money from 6 loan apps close to ₦100k

Quick check gave him ₦35k
Sokoloan gave him ₦16k to pay ₦21k
Aje Loan gave him ₦17k to ₦23k
EasiMoni gave him ₦16k to pay ₦21k800
Lcredit gave him ₦16k to pay ₦20k
Then 9cash and Hicash gave him ₦9k to pay ₦15k each.
He collected all there Money run. He said he will go to his bank and change both his ATM cards and block his account from auto debit.

They don call him tire. That's what he was telling me yesterday.
I am not in Nigeria, and don't have either NIN or Voters card, I would have followed his Tutorial on loan apps and cashout myself

LoL you bad oo you follow cash out too honestly those loan apps are mad there interest alone is madness

Danonym:
Hi everybody, I collected Loan from addmoney.

A loan of N31,000...I made a transaction and it went horribly wrong, so I had to borrow from another app and pay them their 37k, they said they did not receive it...I contacted my bank and nothing yet..

Now my loan has been 4 days overdue and I am to pay N40,000, I've been hustling and trying to pay back but to no avail

Just yesterday they called my family and insulted them, the thing just weaken me, they promised I will go viral....I am just currently lying down, weak..nothing to do..
Also this is my first post

This your explanation is not clear, I don't know maybe I am the only one the explanation is not clear to or you are not articulate enough.

andray12:
They do call madam

You block them na , they are thieves it's on the dictionary loan sharks

Danonym:
Hi everybody, I collected Loan from addmoney.

A loan of N31,000...I made a transaction and it went horribly wrong, so I had to borrow from another app and pay them their 37k, they said they did not receive it...I contacted my bank and nothing yet..

Now my loan has been 4 days overdue and I am to pay N40,000, I've been hustling and trying to pay back but to no avail

Just yesterday they called my family and insulted them, the thing just weaken me, they promised I will go viral....I am just currently lying down, weak..nothing to do..
Also this is my first post

add me up on Facebook

Atim Jimmy
I have a solution to your problem

EnglandAmaka:
They don't call your contacts again. They will keep on calling you begging you to pay.

Talking out of experience. They don't call your contacts any more.

LCredit, Oxloan, Fairmoney, Ease Cash, True Naira. These ones here for sure don't call your contacts again.

Don't ask me how i found out

But they send messages

sirsugar:
mtchew using kuda Trash app bank, eyowo opay boss

Kuda is the best bank , wetin be opay those scammers

RTR

LCredit, OkLoan and Fairmoney na bastard!