All this sokoloan and the likes .. isn't this too much ?

Na this one off me pass

Around 2020 or so I made a mistake borrowing from them . The exact day loan was due they started sending messages to my contacts that I'm a criminal on the run with company money and I should be reported to the nearest police station if found. Family and friends started calling to ask what was happening.

KingAzubuike:
All this sokoloan and the likes .. isn't this too much ?

What!! Is this for real! Can't they be sued!

The problem is people would still borrow money from them, then come online to cry victim. If everyone stopped patronizing them, they'll shut down. It's that simple.

I can't laugh.do you know the funniest thing.all my families are here presently in fact I don't know what they are thinking in there mind maybe there brother has gone insane until after some minutes that my elder brother burst into same laugh.bigger than my own .my mum and elder sisters have been casting and bidding since now.Nairaland I think it's time to deactivate.

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I pity non of you, if you can borrowed even a token you shouldn't be anyway forced to pay,not even 1 day default.

majority of Nigerian are just criminal-minded that need to be drag on the floor to reset their brain

These loan sharks are crazy as shiit they can go to any length cos of their money... in most cases. The money they are badmouthing someone for is always chicken change. If not fir bad economy why would someone run to loan sharks to borrow money which carries huge interests. I pity those these loan sharks rubbish... imagine sending messages to someone's boss in office on top small change that can be the end to that job

I used my 3 numbers to register to get loan of 28k Dey been begging me to get after I paid for the phone I bought from them on time . I have send them the 28k back but they want me to pay am interest of 13k I told dem I won’t pay the money I only pay back that they gave me.

This is funny but not funny

LIGHTHEARTED0:
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I pity non of you, if you can borrowed even a token you shouldn't be anyway forced to pay,not even 1 day default.

majority of Nigerian are just criminal-minded that need to be drag on the floor to reset their brain

Are u aware that this loan sharks are just taking advantage of the economic hardship in Nigeria to reap people off? Do you even understand that it's an act of criminality to give someone a loan at 50% interest within 7days. They annoying part of it all is that these companies are owned by Chinese!

That one that says if he pay them let the obituary be real na real baztar.d. he doesn't know if he need loan tommorow he will pay those guys back because his BVN was used...

SergeantTitus:
Around 2020 or so I made a mistake borrowing from them . The exact day loan was due they started sending messages to my contacts that I'm a criminal on the run with company money and I should be reported to the nearest police station if found. Family and friends started calling to ask what was happening.

You took a loan which is a normal thing,what is the mistake their?

TheBTCinvestor:


What!! Is this for real! Can't they be sued!

Nigerians don't like going to court. If any of the app foolishly do this to my relatives then do buy market be that.

Jezz

Nazgul:
The problem is people would still borrow money from them, then come online to cry victim. If everyone stopped patronizing them, they'll shut down. It's that simple.

People cannot stop needing loans

LIGHTHEARTED0:
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I pity non of you, if you can borrowed even a token you shouldn't be anyway forced to pay,not even 1 day default.

majority of Nigerian are just criminal-minded that need to be drag on the floor to reset their brain

You still probably havent experienced life

Nairalander248:
That one that says if he pay them let the obituary be real na real baztar.d. he doesn't know if he need loan tommorow he will pay those guys back because his BVN was used...

Don't mind him, ignorance is a disease. Some people are even criminally minded - they never wanted to repay the loan in the first place. With bvn and nin there's no hiding place. If you take a loan from anyone, you're under a moral and legal obligation to pay back. Interest-free loans (mostly propagated by shariah-inclined financial institutions) are better alternatives to loan sharks, but some people are blinded by religious prejudice to take advantage of it.

I don't take them seriously. I even insult anyone that contacts me regarding any loan defaulter

No collect gbese wey u know say u no go fit pay its very simple why not borrow from someone than these people

They deserve it. Nigerians know how to borrow, but when it's time to pay back they start avoiding you. If you have never borrowed someone money and they refused to pay back, you wouldn't know how it feels. They should be arrested and jailed for defaulting in their agreement.

When these guys start with you ehn, you will regret being born. Very very funny set of people

Osobi32:
Are u aware that this loan sharks are just taking advantage of the economic hardship in Nigeria to reap people off? Do you even understand that it's an act of criminality to give someone a loan at 50% interest within 7days. They annoying part of it all is that these companies are owned by Chinese!

The question is: did they force you to take the loan?

Osobi32:
Are u aware that this loan sharks are just taking advantage of the economic hardship in Nigeria to reap people off? Do you even understand that it's an act of criminality to give someone a loan at 50% interest within 7days. They annoying part of it all is that these companies are owned by Chinese!

But you accepted their terms.

I accept usury is unethical, perhaps even illegal.

But if you went out if your way to reach them, fill forms, provide pictures and sureties, only to turn around and default yet claiming some morality, abeg check your own morals.

mu2sa2:
Don't mind him, ignorance is a disease. Some people are even criminally minded - they never wanted to repay the loan in the first place. With bvn and nin there's no hiding place. If you take a loan from anyone, you're under a moral and legal obligation to pay back. Interest-free loans (mostly propagated by shariah-inclined financial institutions) are better alternatives to loan sharks, but some people are blinded by religious prejudice to take advantage of it.

When it's money matter, especially stress free what concern people with religious prejudice

How many places have you seen the publicity of sharia loan

How will people know about them

Is it not what people know they will approach

Same Nigerians that you have to act as victims too before collecting whatever you loaned out of them.

Na we be your best plug for everything sexual enhancement tho

I don't blame them oo it's the language Nigerians understand! Most Nigerians borrow without the intention of paying back. Animalistic problems Require Animalistic Solution

Yet FG hasn't taken any drastic action against them. Only talk and not by action.
Meanwhile, I advise people that are pushed to borrow from them to pay their money before due dates. Or just avoid them at all cost. A times, their apps just pop up for downloads and some people ll deliberately go and look for their trouble by downloading them.

Although its funny, these are real people's reputation they are tarnishing.

Both loaner and loanee are crazy set of people.
Nigerian na complete jungle.

They are all empty threats. They can't do shit.

Anyways, what's important is that when you borrow money, be determined to pay back.

Some treat loan repayment with laxity.