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Nairaland Forum / Nairaland / General / Business / Loan Sharks Persist With Cruel Recovery Practices (35083 Views)
Digital Loan Sharks: Shaming, Recovery Techniques Pushing Nigerians To The Brink / Avoid Loan Sharks, Leverage On Microfinance Banks, Emefiele Tells Nigerians / How To Stop Loan Sharks From Getting Your Phone Contacts (2) (3) (4)
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Re: Loan Sharks Persist With Cruel Recovery Practices by BreconHills(m): 6:06pm On Nov 11, 2022 |
successmatters: The evil of past governments makes people take out loans they don't repay or it makes them borrow credit from telecoms companies and then dump the sim? If you want to campaign for your candidate please tell us why they are so great. All the top three candidates attended FEC meetings, collected security votes. All have houses and children abroad. Non of them can say they are not part of the problem. Please speak wisely. 6 Likes 1 Share |
Re: Loan Sharks Persist With Cruel Recovery Practices by DADYLEED: 6:06pm On Nov 11, 2022 |
FalseProphet1:but boss is it not with the phone number linked with ur account that will be accepted?,as e be lyk this I d reason ur reasoning now oo 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Moniya4Real(m): 6:08pm On Nov 11, 2022 |
TechCapon:Most of them don’t do this bro. Only Fairmoney and others do |
Re: Loan Sharks Persist With Cruel Recovery Practices by Phock2sweet: 6:09pm On Nov 11, 2022 |
.[.q.u.o.t.e. .a.u.t.hor=FalseProphet1 post=118311031]Only an otondo would be embarrassed by a loan shark. If they choose to be ruthless then you must be smart. Having seen how quick they are to defame their customers and you need money urgently but can't stand the embarrassment that comes with their money, buy a cheap fairly used Android phone (not your main phone with your contacts) store fake contacts on the phone and download their app and borrow money. If you default, they would be sending defaming messages to your fake contacts on the phone you used to download their app while your main contacts are in your phone safe. That's how to follow them, if they insult you as 99% of them have bad mouth, insult their entire generation back and if it's a female tell her that you've locked her womb that she'll be barren for life. Threaten them with juju and tell them that they'll all die by accident before the end of the week, Las Las they're the ones who would beg you to pay. That's how you follow. The boss 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by DollarSigns(m): 6:10pm On Nov 11, 2022 |
lordm:This comment made me realize That not only are some humans dumb but the ability to keep mute over lack of what to say is indeed a virtue 6 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by lordm(m): 6:12pm On Nov 11, 2022 |
DollarSigns:you sound like the dumb person. How can you not read terms and conditions before accepting a loan. You defend your ignorance if you want 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Babaken(m): 6:12pm On Nov 11, 2022 |
successmatters:which is the past government are you in a way relate Lai Mohammed. 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Phock2sweet: 6:13pm On Nov 11, 2022 |
lesbiconverter:i am owing thesd ones too boss...i need new ones sir. 3 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by Greattha: 6:13pm On Nov 11, 2022 |
Please don't borrow that you can't payback. See OP quoting rules of 60days....do these rules only apply to the loansharks? Why put yourself through their ordeal? I used to blame their tactics until I found that Nigerians abused the system. In one case with one well known org, I was asked " why can't the government or the many agencies clamping down on the loan sharks give the defaulters their own money and not recover it? People, learn to read the fine print. You accepted the Ts&Cs. Jts better to just avoid them if you cant payback in 7 days. ijustdey: 4 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by Nobody: 6:14pm On Nov 11, 2022 |
One called my line telling me to take a loan, I asked how they got my number, madam keep quiet. 11 Likes 1 Share |
Re: Loan Sharks Persist With Cruel Recovery Practices by Chris2863(m): 6:15pm On Nov 11, 2022 |
generalwo:proud debtor ![]() 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by DollarSigns(m): 6:17pm On Nov 11, 2022 |
lordm:Quick to speak, slow to reason Is that autism or Down syndrome Whichever one, a medical professional can handle that, better you take my advice for a dollar ![]() 7 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by FalseProphet1(m): 6:20pm On Nov 11, 2022 |
DADYLEED:You would use your main phone number linked to your bvn to register but the phone which you would use to download the app would be the one with your fake contacts. When you're granting access to contact they would copy your fake contacts. While your main contact are in your main phone. 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by SeriouslySense(m): 6:21pm On Nov 11, 2022 |
lesbiconverter: |
Re: Loan Sharks Persist With Cruel Recovery Practices by lordm(m): 6:21pm On Nov 11, 2022 |
FalseProphet1:imagine how you think 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Chris2863(m): 6:22pm On Nov 11, 2022 |
If I was a loan agent, I go even do more. Average Nigerian is wicked and dubious 2 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by Originalsly: 6:22pm On Nov 11, 2022 |
FalseProphet1: Really?... isn't it the other way around? ... if you choose to be smart then they must be ruthless? What kind corrupt advice be this? ... just proving our intention is to borrow and be smart when it comes to payback. I support the lenders 100%. When you borrow... know the conditions ... meet the requirements or be prepared to face the consequences. Most people in such problems have to turn to the loan sharks because of their reputation ... borrow and don't payback. 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by FalseProphet1(m): 6:25pm On Nov 11, 2022 |
Originalsly:Loan sharks in Nigeria are more interested in defaming their customers than being reasonable with them. If not tell me how a loan shark would be sending defaming messages to your contacts on your due day or a day after your due day. This clearly means that they derive joy in embarrassing people than collecting their money. So you have to be smart when dealing with them. 9 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by Cde1: 6:25pm On Nov 11, 2022 |
Really |
Re: Loan Sharks Persist With Cruel Recovery Practices by PECON1(m): 6:29pm On Nov 11, 2022 |
Moneinminutes stoled my 32000 because of 15kloan�� 6 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by SeriouslySense(m): 6:29pm On Nov 11, 2022 |
ecolime: |
Re: Loan Sharks Persist With Cruel Recovery Practices by LARRYOBRAIN(m): 6:31pm On Nov 11, 2022 |
This is no need for this long write - up, you borrowed money, pay back according to terms and conditions and there will be peace. If it is your money that is collected and not repaid, you will not recover it? ijustdey: 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Chrisx1x(m): 6:35pm On Nov 11, 2022 |
Ekundayo7574:share update baba |
Re: Loan Sharks Persist With Cruel Recovery Practices by SeriouslySense(m): 6:36pm On Nov 11, 2022 |
BATified2023: |
Re: Loan Sharks Persist With Cruel Recovery Practices by Sirchiboy: 6:37pm On Nov 11, 2022 |
Some people are wicked and deserve that treatment. I borrowed someone 50k to pay school fees 6months ago and told him that this money is not my money that is project money. He agreed to pay in two weeks, two weeks passed, I didn't see anything. I called him. He said he forgot that he is owing me. Na only 10k e don pay out of 50k for 6 months. 4 Likes 1 Share |
Re: Loan Sharks Persist With Cruel Recovery Practices by Leshyne(m): 6:38pm On Nov 11, 2022 |
I was surprised to know that these companies belong to Chinese, Lebanese and other foreign countries via a proxy who we must find out. They charge as high as 50% monthly or 2weeks and is like the operate without good regulations. Same mother company owns different of those App. APC brought this demon and they will leave with them. Does anyone here know their physical addresses. Why is it a secret ? 4 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by SeriouslySense(m): 6:38pm On Nov 11, 2022 |
![]() ![]() ![]() Sirchiboy: 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by SeriouslySense(m): 6:41pm On Nov 11, 2022 |
That's not right either. Johndevmark: 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Sirchiboy: 6:41pm On Nov 11, 2022 |
SeriouslySense:. Chinedu is that you? 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Illegal1(m): 6:45pm On Nov 11, 2022 |
I dn even 4get the names of loan apps i dey owe... na who no get mind dis people dey use shine.. 8 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by SeriouslySense(m): 6:46pm On Nov 11, 2022 |
Re: Loan Sharks Persist With Cruel Recovery Practices by lordm(m): 6:49pm On Nov 11, 2022 |
DollarSigns:why on earth would you borrow with no intention to pay. Avoid borrowing, even the bible frowns at it 1 Like |
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