There is a gimmick some of these loan apps now use to swindle hapless members of the public. Moneytree just played a fast one on me today..

I received a call from their staff that they noticed I had a good credit rating and would like to offer me a loan of N50k for 30 days, to pay back 60k.

He sent me the details on WhatsApp. I registered on their app, but noticed the offer was N13k for 7 days, to pay back 20k. I complained to the guy, who said he would do the internal upgrade to N50k once I applied. He assured me. I followed his advice, but to my dismay, I received N13k alert.

He later told me the upgrade driver was down and they would fix it within an hour. He kept postponing. When I asked to refund the loan, he issued a threat that I would still have to pay the interest.

This is how they deceive many into taking their exploitative loans.

Don't fall for it.

I am disappointed in the Central Bank, and Sterling Bank (their settlement bank) for allowing these scammers exploit people

Admin should please push to the front page, to save others..

Eat the money and don't pay back

I also experienced same today��

Abeg share the number of the person, let's show him vawulence

Paste the link let us check something on their loan.

Lol what desperation does to a man.... This shit just happened to me. Mine was a lady, immediately i clicked apply she just stopped responding and blocked me on Whatsapp.i later received 13k alert with 20k outstanding payment in 7 days. You could clearly see were i told her to cancel that disbursement and she said i should jst calm down.

please guys I need serious HELP!!!. I fell victim of this. I actually paid the 20k but i was a day late. they have been disturbing me to pay additional interest of 7k which is totally wrong and not acceptable. please I need help cuz they have been sending messages to all my contacts and they are threateng my life and that of my family.

LadyKarma1:
please guys I need serious HELP!!!. I fell victim of this. I actually paid the 20k but i was a day late. they have been disturbing me to pay additional interest of 7k which is totally wrong and not acceptable. please I need help cuz they have been sending messages to all my contacts and they are threateng my life and that of my family.

Lol.. Calm down, they won't do anything.

fyneguy:
There is a gimmick some of these loan apps now use to swindle hapless members of the public. Moneytree just played a fast one on me today..

I received a call from their staff that they noticed I had a good credit rating and would like to offer me a loan of N50k for 30 days, to pay back 60k.

He sent me the details on WhatsApp. I registered on their app, but noticed the offer was N13k for 7 days, to pay back 20k. I complained to the guy, who said he would do the internal upgrade to N50k once I applied. He assured me. I followed his advice, but to my dismay, I received N13k alert.

He later told me the upgrade driver was down and they would fix it within an hour. He kept postponing. When I asked to refund the loan, he issued a threat that I would still have to pay the interest.

This is how they deceive many into taking their exploitative loans.

Don't fall for it.

I am disappointed in the Central Bank, and Sterling Bank (their settlement bank) for allowing these scammers exploit people

Admin should please push to the front page, to save others..

Na you fall mugu

LadyKarma1:
please guys I need serious HELP!!!. I fell victim of this. I actually paid the 20k but i was a day late. they have been disturbing me to pay additional interest of 7k which is totally wrong and not acceptable. please I need help cuz they have been sending messages to all my contacts and they are threateng my life and that of my family.

ignore them

Pls can we do something about these people, I'm ready to deal with them

They did the same to me today. Just now. I don't even need the money.. I sent them your nairaland topic link.. See crying 😢 😢 So sad on Cbn side. Shame. I may get a new phone with fake phone numbers and give them all. They will call and message wrong numbers tire. Awon werey. Nigerians are just too wicked.