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Nairaland Forum / Nairaland / General / Business / Loan Sharks Persist With Cruel Recovery Practices (35189 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 Jefferyhi86(m): 8:49pm On Nov 11, 2022 |
Lol witches ., how u tk do am, u use ur bvn? Johndevmark: 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Thomthom(m): 8:52pm On Nov 11, 2022 |
A typical Niger man no dey pay debt... until you drag am go station.. If you pay up your loan on time will they harras you.. This is why Banks hardly give loan to any how people.. some Nigerians go beat you join your money.. But when you tell them before you take this loan, you have to put your hand inside fire let it burn first, they will burn the hand just to get the money after Na story.. 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by SONYCITY: 9:06pm On Nov 11, 2022 |
i need d sharks loan hw do i start 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by stankezzy: 9:07pm On Nov 11, 2022 |
Nigerians are just becoming as wicked as their leaders , u borrowed money , u don't want to pay back then d person that u wan to run his business down is trying to get his money and u are calling him loan shark but when u needed d money he was loan dove , after taking his money with intentions of not paying back he became a shark because he demanded for what is his , share wickedness, go to south Africa and most EU countries and developed world , u can easily borrow money which u will pay back but why it is not working in Nigeria is because of our wickedness 2 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by newoffer: 9:20pm On Nov 11, 2022 |
In my own case I did not borrow a dime. Only to receive a text that my loan is due. Maybe someone borrowed money they are trying every means to recover their loan. They threatened me then I also told them if na shame I no get. I can send you my nude so you share ND make me popular. How do I repay loan I never collected. Newcredit fraud loan apps. I think they are using people info to get loans. Because one of the idiot said he will use my details to borrow money from another app. Now I know this guys are mad... FalseProphet1: 2 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by Popson0424: 9:30pm On Nov 11, 2022 |
Guy you giran oooo FalseProphet1: |
Re: Loan Sharks Persist With Cruel Recovery Practices by Hezzyluv: 9:54pm On Nov 11, 2022 |
Kingstanding: That's sane County for you. But down here, you borrowed just 5pounds and unable to pay back till the time elapsed. These loan sharks wouldn't bother wreaking you your sanity just bcoz of that peanuts amount. 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Peppysco: 9:57pm On Nov 11, 2022 |
successmatters: Your candidate was part of the past evil government, yes, let people vote wisely and according to their choices. Enough of all the gimmicks and blackmails. 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Sosobricon: 10:01pm On Nov 11, 2022 |
Re: Loan Sharks Persist With Cruel Recovery Practices by vislabraye(m): 10:02pm On Nov 11, 2022 |
FalseProphet1: lolz. That's an idea. Unfortunately, i don't like to borrow |
Re: Loan Sharks Persist With Cruel Recovery Practices by lesbiconverter: 10:43pm On Nov 11, 2022 |
Phock2sweet:Find any means necessary to pay them and never patronize them again. Your mental health is more precious 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Oluwaseunomo: 10:58pm On Nov 11, 2022 |
Ekundayo7574:How |
Re: Loan Sharks Persist With Cruel Recovery Practices by omokab: 11:05pm On Nov 11, 2022 |
lordm:you are right but is not like this in real life. To borrow just 5k from a friend or family nowadays is another story o. When somebody is in serious need of money and u can't get it from a friend ,honestly u will borrow from loan shark . I have this experience before when there is no any food at home for the family . I borrowed and when it is time to pay I only defaulted for 2 days andi have paid 4 k out of 6k . I told the guy that called that they should give me like 2 days to get the remaining balance . By evening people started calling me that they received a message from this stupid loan shark just because of 2k balance . As u can see that their problem is too complex . 6 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by WilsonBright935: 11:15pm On Nov 11, 2022 |
Someone said these loan sharks have representatives at the international airport where they check if loan defaulter is leaving the country for them to retrieve their money before the person leaves 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Tvoice: 11:31pm On Nov 11, 2022 |
Ekundayo7574: I know d trick, e dey work die 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Tvoice: 11:34pm On Nov 11, 2022 |
FalseProphet1: This one is waste of time, just disallow ur contact permission after collecting their money, make sure no calls enter ur phone during dis periods, and u good to go, dem think say dem wize 3 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by Jefferyhi86(m): 11:37pm On Nov 11, 2022 |
Tahh who said so, my brother who owns them almost 500k, is in canada now, does fearless idiots don't want to be known if not people go just beat them WilsonBright935: 4 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by Killerbag36: 12:07am On Nov 12, 2022 |
TechCapon: Shut up na una de call for phone de they disturb Nigerian 2 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by wisdomkid: 12:29am On Nov 12, 2022 |
successmatters: PAST Where were these loan sharks prior to 2015? Stop saying trash and go to bed 3 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by Jeffy1206(m): 4:49am On Nov 12, 2022 |
Especially 9 credit, omoo na so I collect 18k loan they only sent me 12500 and repayment to be 18k again in 7 days omoo I shock... I'm paying 9k for loan of 12k in 7 days mehn I sha pay and delete the app... Most of these apps are operating illegally that's why these tactics of recovery. 3 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by Jeffy1206(m): 4:52am On Nov 12, 2022 |
FalseProphet1:you can actually deny them access to your contacts, messages etc on ur phone by removing all permissions. 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Bigchristo: 5:12am On Nov 12, 2022 |
successmatters:You are very stupid for mentioning the past government meanwhile the current government has fast indebted Nigeria and make economy reserved to Stone Age, Good luck Jonathan left Nigeria economy being the fastest growing in the whole of Africa and among the best in the world with good GDP, Buhari reserved such status within 8yrs of his reign, better think of bringing in an intellect like Peter Obi to make sure we don’t drown economically otherwise na sorry be Nigeria name 3 Likes |
Re: Loan Sharks Persist With Cruel Recovery Practices by ticker(m): 5:21am On Nov 12, 2022 |
frankson1:why will you borrow money and not having intention to pay on the agreed date? That's integrity issue. Although the approach they use to recover their money is bad but what about you collecting money and not paying back that's wickedness cos they have to pay salary, pay for running cost |
Re: Loan Sharks Persist With Cruel Recovery Practices by vendor03: 6:19am On Nov 12, 2022 |
哈哈
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Re: Loan Sharks Persist With Cruel Recovery Practices by UnproudLife: 6:21am On Nov 12, 2022 |
Most Nigerians are dubious. Why wouldn't they implore these means to recover their money? Do you think it's easy? I no blame them. Cause me don collect loan before and before I collect I knw wetin I wan use am do and how I wan pay back. I paid back 60k per week and that was like 4-5yrs ago My landlord once told me it's who he'll borrow money from he's looking for now, then I asked him. "Will you borrow from the bank" he said no oo, not me and bank.. That's because he knows he must drop collateral and no jokes with bank. But if na person wey go turn begger on top im own money oo, im go rush collect am. I borrowed him 35k since last year, im nor pay ooh, expectedly would be expecting me to balance it up for next rent. Like doing the economics behind such money, do you know the interests it should have incurred by now? Like I tell people I think like bank so no messing with my money. Lai lai |
Re: Loan Sharks Persist With Cruel Recovery Practices by UnproudLife: 6:27am On Nov 12, 2022 |
Jeffy1206:Like weren't you aware before you took the loan. Nothing is meant to be a surprise until you've gotten the money you realized the conditions were tough ehm? You no know say na illegally operated loan app before you collect am too? In law they say ignorance is a sin. No excuse of ignorance. Yeyenatu |
Re: Loan Sharks Persist With Cruel Recovery Practices by UnproudLife: 6:34am On Nov 12, 2022 |
Killerbag36:Sharap, he's saying the truth. I've got no form of affiliation with any loan company whatsoever but we all know Nigerians. 99% percent are dubious when opportunity arises. No be same country wey yahoo dey glorified? |
Re: Loan Sharks Persist With Cruel Recovery Practices by Tonytonex(m): 7:56am On Nov 12, 2022 |
lordm:I wonder oh. Upon all the stories about these loan sharks, people will still carry their legs and enter its mouth. Gfb. 1 Like |
Re: Loan Sharks Persist With Cruel Recovery Practices by Tonytonex(m): 8:04am On Nov 12, 2022 |
ticker:I don't blame them. I blame those taking the loans from them. Let people stop taking loans from them let's see how they will function, have staffs and pay their salaries. |
Re: Loan Sharks Persist With Cruel Recovery Practices by ticker(m): 8:19am On Nov 12, 2022 |
FalseProphet1:why will you borrow money and not having intention to pay on the agreed date? That's integrity issue. Although the approach they use to recover their money is bad but what about you collecting money and not paying back that's wickedness cos they have to pay salary, pay for running cost |
Re: Loan Sharks Persist With Cruel Recovery Practices by BeardedMeat(m): 9:13am On Nov 12, 2022 |
FalseProphet1:Loan sharks are reading this and they will beat you to it. This thread has exposed the rot in the mentality of Nigerians. Why go to this extent to defraud someone you approached for help in the days of trouble? |
Re: Loan Sharks Persist With Cruel Recovery Practices by BeardedMeat(m): 9:15am On Nov 12, 2022 |
ticker:Reading through comments here, I am solidly backing the loan sharks. |
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