IntelLord:


Wow, sorry about this. Sad. They couldn't even get up to N5 million back from him?

Did you ever find out what he did with the remaining >90% (>N45 million)?

He put it into businesses that failed? Got scammed? Gambled it away, or...?

He is a dubious contractor. He gets contracts worth billions from the government every year, borrows money to execute them, and doesn't pay back even after he gets paid by the government.

He knows people everywhere and is ready to bribe anyone that comes knocking at his door.

He drives around town with police escorts in bulletproof SUVs.

Morelike a corporate fraudster.

Olaolex:
Loan sharks are evil and you that borrowed money from them with the intention of not paying back, you are more evil.
You deserve each other 😂😂😂

I have borrowed from different loan apps amounts totaling more than 200k and never gave them back even a single kobo.

as long as I know you are a loan shark operating illegally, that will be my next target.

I am currently waiting for the Next new loan app to appear on App Store or play store.

as long as they aren’t connected to the other one’s I have shown shege, I will still cashout.


You can’t defame me, abi na fake contacts you wan message?

in fact lemme go and check if there are new one’s

Why borrow money? Try to live within your means. I don't party, I don't smoke, I don't drink and don't visit frens except on events. My children go to nearby school. Carry For along too. Don't try to impress anyone.

Pussyisgud:
Ogun will kill them, if its me i wont pay the loan again i will just screenshot and save this banner since you have declared me dead.

There’s no how you won’t pay the loan cos one it keeps increasing and 2 you be black listed from other loan and 3 you would not be able to travel out of the country

CCIA:

I have borrowed from different loan apps amounts totaling more than 200k and never gave them back even a single kobo.

as long as I know you are a loan shark operating illegally, that will be my next target.

I am currently waiting for the Next new loan app to appear on App Store or play store.

as long as they aren’t connected to the other one’s I have shown shege, I will still cashout.


You can’t defame me, abi na fake contacts you wan message?

in fact lemme go and check if there are new one’s

You won’t be able to travel out of the country

Justrite007:


You won’t be able to travel out of the country

It’s as if you didn’t read the part where I said:

as long as I know you are a loan shark operating illegally,.

CCIA:

It’s as if you didn’t read the part where I said:

as long as I know you are a loan shark operating illegally,.

Illegally or legally you can’t travel out if you get that loan and refuse to pay

Saturnalia:
It goes both ways. Nigerians are the most insensitive & callous lots on the planet.

Borrow them money and try to recover your money at the stipulated time, they will fight you and conjure up meaningless & stupid things like “Na money I borrow, I no kill person”.

If I’m dealing with a Ghanaian, I stay attentive.

If I’m dealing with a South Afrikan, I stay vigilant.

But if I have any cause to deal with any Nigerian, I stay cautious, careful & circumspect.

There is a virus in every Nigerian that compels them to prey on ANYTHING OR ANYBODY they come in contact with.

Never use “God fearing and Nigerians” in the same sentence except you’re dealing with an Hausa from the North (I am talking from so many experiences).

If you’re dealing with any Nigerian and he/she mistakenly mentions “God”, run away from such a person.

Before the Naira depreciated badly against the Dollar, I go the market to buy groceries. The stupid & the greedy market women were selling foodstuffs at an exorbitant rates that were even higher than the price MOST SUPERMARKETS were selling.

Guess what? They blamed it on the Dollar.

They would conjure up stupid phrases like “Nigeria Lo’n Pebi” meaning “Nigeria is what they call this place”.

You see some greedy Car-Dealing nonentities selling “accidented” & “flooded” vehicles at mind boggling prices that can ALMOST buy you a “USED CLEAN TITLE” vehicles; and they blame it on the Dollar - EVEN NOW THAT THE DOLLAR IS RAPIDLY DEPRECIATING AGAINST THE NAIRA and IMPORT DUTIES have been reviewed downwards to stabilize the economy.

I could go on and on.

Ask yourself this question, if any of these Loan Shark Businesses were your own, what “debt recovery” method would you adopt in dealing with these callous Nigerians, who borrow money without the intention of ever paying back?

In conclusion, I don’t blame these Loan Shark Companies.

If you do not want to be humiliated by the Loan Sharks, THEN STAY AWAY FROM THEIR MONEY. Simple as ABC.

Sure mostly Nigerians are cons.

Justrite007:


Illegally or legally you can’t travel out if you get that loan and refuse to pay

Dey play

when they can’t deal with the credit bureau because they aren’t licensed?


Flexi cash, Carbon, Branch , Fair Money, Umba, SyncaMore are a few examples amongst many of licensed Loan Apps that can affect your record with the credit bureau.

I owe non of them.

The ones that operate illegally cannot do jack.

so as long as they are hunted by the government, they become my target.

do you understand now?

No loan company's name is mentioned here, how do the op know it is from a loan 🦈?

Olaolex:
Loan sharks are evil and you that borrowed money from them with the intention of not paying back, you are more evil.
You deserve each other 😂😂😂

But how do we know that this advert was from a Loan shark?

Nothing on it shows that it's from such company or am I missing something?

richie240:
Obviously you don't know how this these things work.

They have all your contacts. They will announce to all of them that you are owing them and refused to pay. How will the matter not get to the hearing of your employers, clients, friends and family members now?

Don't play with those guys o.



See what I was saying: someone recognized the defaulter
vvvv

Sorry bro, henry did it to himself.

It would still not give a shit! It is not criminal to owe money, i am not a theif, i just owe them, so many multimllion $$ companies owe debts, humans has being owing debts since time began.

The debt companies who do these passing of their debtors are not going the correct way about it. Infact, they are breaking the law by declaring a living person dead. They could end up in court for false declaration that their client are dead, but then again, as i ve said earlier, if their clients are delared dead by the loan companies, well... they can kiss good bye to their money! I can not pay if i am dead!

Anyway, they can only do this kinda rubbish in Naigeeria.

It's best to avoid loans, period.

Taking a loan is a declaration that you don't have money. But by taking the loan, you're dashing someone who has more money than you money you don't have.

I understand one gets stuck and desperate sometimes, but it's important not to become comfortable with loans. Best to get money from a friend and be honest about returning it.

Yes, there are people who don't return money borrowed, but the bigger problem is the terrible practises of the loan-givers. Enticing people to just borrow because it's that easy because you're hoping to get them hooked and suck them dry.

If you make money off the suffering of others in a way that terribly disadvantages them, you deserve all the cheating and misfortune that comes your way

Those idiots should be arrested what nonsense I just hate those people called loan sharks with passion walai

Calitoscassius:
It would still not give a shit! It is not criminal to owe money, I am not a theif, i just owe them, so many multimllion $$ companies owe debts, humans has being owing debts since time began.

True

The debt companies who do these passing of their debtors are not going the correct way about it. Infact, they are breaking the law by declaring a living person dead. They could end up in court for false declaration that their client are dead, but then again, as i ve said earlier, if their clients are delared dead by the loan companies, well... they can kiss good bye to their money! I can not pay if i am dead!

Anyway, they can only do this kinda rubbish in Naigeeria.

No proof they manufactured d poster bro.
We all know they did it, but that doesn't hold water in the courts bro.
The judge will ask d plaintiff for proofs that they did it, but the loan sharks are wise enough not to put their company name in the poster. They know what exactly what they were doing.

Omohhh

I don’t know whether to laugh or do otherwise.


But nawa ooooo

Loan sharks that don’t pay taxes.

Poverty no good…

jd3trice:
Omo! Who did this to Henry.. This guy was my classmate in Uniben. A medical doctor for that matter. What a country..

He is my good friend o
PH locum admin

Wow! I thought these people are getting closed up for this kind behavior. Awon werey!

Saturnalia:
It goes both ways. Nigerians are the most insensitive & callous lots on the planet.

Borrow them money and try to recover your money at the stipulated time, they will fight you and conjure up meaningless & stupid things like “Na money I borrow, I no kill person”.

If I’m dealing with a Ghanaian, I stay attentive.

If I’m dealing with a South Afrikan, I stay vigilant.

But if I have any cause to deal with any Nigerian, I stay cautious, careful & circumspect.

There is a virus in every Nigerian that compels them to prey on ANYTHING OR ANYBODY they come in contact with.

Never use “God fearing and Nigerians” in the same sentence except you’re dealing with an Hausa from the North (I am talking from so many experiences).

If you’re dealing with any Nigerian and he/she mistakenly mentions “God”, run away from such a person.

Before the Naira depreciated badly against the Dollar, I go the market to buy groceries. The stupid & the greedy market women were selling foodstuffs at an exorbitant rates that were even higher than the price MOST SUPERMARKETS were selling.

Guess what? They blamed it on the Dollar.

They would conjure up stupid phrases like “Nigeria Lo’n Pebi” meaning “Nigeria is what they call this place”.

You see some greedy Car-Dealing nonentities selling “accidented” & “flooded” vehicles at mind boggling prices that can ALMOST buy you a “USED CLEAN TITLE” vehicles; and they blame it on the Dollar - EVEN NOW THAT THE DOLLAR IS RAPIDLY DEPRECIATING AGAINST THE NAIRA and IMPORT DUTIES have been reviewed downwards to stabilize the economy.

I could go on and on.

Ask yourself this question, if any of these Loan Shark Businesses were your own, what “debt recovery” method would you adopt in dealing with these callous Nigerians, who borrow money without the intention of ever paying back?

In conclusion, I don’t blame these Loan Shark Companies.

If you do not want to be humiliated by the Loan Sharks, THEN STAY AWAY FROM THEIR MONEY. Simple as ABC.

Most of your assertion may be true for some people you came across in your life time.But making a general assumption is quite unnecessary and unpatriotic of you.

CCIA:

Dey play

when they can’t deal with the credit bureau because they aren’t licensed?


Flexi cash, Carbon, Branch , Fair Money, Umba, SyncaMore are a few examples amongst many of licensed Loan Apps that can affect your record with the credit bureau.

I owe non of them.

The ones that operate illegally cannot do jack.

so as long as they are hunted by the government, they become my target.

do you understand now?

They can do more than jack don’t run away with another person money do not borrow if you can’t pay up that’s stealing

See the list of loan Apps blacklisted by the Central Bank of Nigeria:

EasyCredit

EasiMoni

KashKash

Speedy Choice

GoCash

Soko Loan App

Fast Money

GetCash

Icoin Loan

Naira Plus

9jaCash

LionCash

GMoney

Fast Money

9credit

Swiftkash App

Hen Credit Loan App

Cash Door App

Joy Cash-Loan App

Eaglecash App

Luckyloan Personal Loan App

Getloan App

Easeloan Apps

Naira Naija

Cashlawn App

Easynaira App

Crediting App

Yoyi App

Nut Loan App

Cashpal App

Nairaeasy Gist Loan App

Camelloan App

Nairaloan App

Moneytreefinance Made Easy App

Cashme App

Secucash App

Creditbox App

Cashmama App

Crimson Credit App

Galaxy Credit App

Ease Cash App

Xcredit

Imoney

Naira Naija

Imoneyplus-Instant

Nairanaija-Instant

Nownowmoney

Naija Cash

Eagle Cash

Firstnell App

Flypay

Spark Credit

Luckyloan Personal Loan App

These are loan apps that were recently blacklisted by the CBN. If Nigerians are terrible and don't payback loans as claimed by some people here on Nairaland, why then do we have so many illegal loan apps targeting Nigerians?. Most of these illegal loan apps recruited their agents here on Nairaland, those that couldn't find jobs elsewhere and are willing to do anything just to put food on the table, including destroying the only country they have

RHINO123:


oga u dy lie.... they pasted this stuff 2days ago at abuja campus.. uniport...... una dy lie sha... somtin wen everybody see

Where is the lie? The guy is a medical doctor ,based in Port Harcourt.
He studied at UNIBEN and from Rivers State.
He is very popular in UNIPORT.He is the admin of PH locum doctors forum

Saturnalia:
It goes both ways. Nigerians are the most insensitive & callous lots on the planet.

Borrow them money and try to recover your money at the stipulated time, they will fight you and conjure up meaningless & stupid things like “Na money I borrow, I no kill person”.

If I’m dealing with a Ghanaian, I stay attentive.

If I’m dealing with a South Afrikan, I stay vigilant.

But if I have any cause to deal with any Nigerian, I stay cautious, careful & circumspect.

There is a virus in every Nigerian that compels them to prey on ANYTHING OR ANYBODY they come in contact with.

Never use “God fearing and Nigerians” in the same sentence except you’re dealing with an Hausa from the North (I am talking from so many experiences).

If you’re dealing with any Nigerian and he/she mistakenly mentions “God”, run away from such a person.

Before the Naira depreciated badly against the Dollar, I go the market to buy groceries. The stupid & the greedy market women were selling foodstuffs at an exorbitant rates that were even higher than the price MOST SUPERMARKETS were selling.

Guess what? They blamed it on the Dollar.

They would conjure up stupid phrases like “Nigeria Lo’n Pebi” meaning “Nigeria is what they call this place”.

You see some greedy Car-Dealing nonentities selling “accidented” & “flooded” vehicles at mind boggling prices that can ALMOST buy you a “USED CLEAN TITLE” vehicles; and they blame it on the Dollar - EVEN NOW THAT THE DOLLAR IS RAPIDLY DEPRECIATING AGAINST THE NAIRA and IMPORT DUTIES have been reviewed downwards to stabilize the economy.

I could go on and on.

Ask yourself this question, if any of these Loan Shark Businesses were your own, what “debt recovery” method would you adopt in dealing with these callous Nigerians, who borrow money without the intention of ever paying back?

In conclusion, I don’t blame these Loan Shark Companies.

If you do not want to be humiliated by the Loan Sharks, THEN STAY AWAY FROM THEIR MONEY. Simple as ABC.

Soliddust3030
These loan companies are designed to put people into slavery and serious debt. When you borrow from them. They know borrows cannot meet up with the short loan durations, then they use another of their company to offer loan to the person. The person starts borrowing from A to pay B, before he realizes he is owing huge amount and cant meet up. Stay away from them, govt need to impose fines on any bank working providing account. Jail term for any Staff working with them. Stay away from them they ruin lives...

From the statement Saturnalia used above, " with the intention of not paying back"

It's evil and indeed one of the evils of the highest order for you to borrow money and have an intention of not paying back, this is soooooo bad!.

Having said that, how do the loan companies even know that someone is not having an intention of paying back? because some people are attending to their loans honestly by paying several of them gradually and if it's yet your turn to be paid , you then display their fake obituary..

Also people may be in position to borrow, because these loan companies are more instant in lending you money than selling your property or be begging neighbours or family members which may be slower or you don't want to expose your situation to your neighbours e.t.c , so borrowing is not new and not a big deal but if you will borrow , please fear God and make sure you have the intention of paying back and work towards paying back even if you have to sacrifice some things/lifestyles...

Saturnalia:
There is a virus in every Nigerian that compels them to prey on ANYTHING OR ANYBODY they come in contact

Your post is lengthy and I agree with most parts of it. But I had to trim it down and quote the only part that I have an issue with.

I don't know if you are a Nigerian. But if you are, then from your statement, I guess you also have that virus that compels one to prey on anything or anybody?
Whether you are a Nigerian or not, please do not make such blanket statements.

There are millions of Nigerians who are nothing close to what you described. If I know for a fact that I am nothing close to your description, then there are millions of others.

Saturnalia:
It goes both ways. Nigerians are the most insensitive & callous lots on the planet.

Borrow them money and try to recover your money at the stipulated time, they will fight you and conjure up meaningless & stupid things like “Na money I borrow, I no kill person”.

If I’m dealing with a Ghanaian, I stay attentive.

If I’m dealing with a South Afrikan, I stay vigilant.

But if I have any cause to deal with any Nigerian, I stay cautious, careful & circumspect.

There is a virus in every Nigerian that compels them to prey on ANYTHING OR ANYBODY they come in contact with.

Never use “God fearing and Nigerians” in the same sentence except you’re dealing with an Hausa from the North (I am talking from so many experiences).

If you’re dealing with any Nigerian and he/she mistakenly mentions “God”, run away from such a person.

Before the Naira depreciated badly against the Dollar, I go the market to buy groceries. The stupid & the greedy market women were selling foodstuffs at an exorbitant rates that were even higher than the price MOST SUPERMARKETS were selling.

Guess what? They blamed it on the Dollar.

They would conjure up stupid phrases like “Nigeria Lo’n Pebi” meaning “Nigeria is what they call this place”.

You see some greedy Car-Dealing nonentities selling “accidented” & “flooded” vehicles at mind boggling prices that can ALMOST buy you a “USED CLEAN TITLE” vehicles; and they blame it on the Dollar - EVEN NOW THAT THE DOLLAR IS RAPIDLY DEPRECIATING AGAINST THE NAIRA and IMPORT DUTIES have been reviewed downwards to stabilize the economy.

I could go on and on.

Ask yourself this question, if any of these Loan Shark Businesses were your own, what “debt recovery” method would you adopt in dealing with these callous Nigerians, who borrow money without the intention of ever paying back?

In conclusion, I don’t blame these Loan Shark Companies.

If you do not want to be humiliated by the Loan Sharks, THEN STAY AWAY FROM THEIR MONEY. Simple as ABC.

Your paragraph 6 is a lie!
If you are untrustworthy doesn't make every person in Nigeria to be you.
Meet ppl and learn life cos life is full of lesson beyond our knowings

The company, the staff and the person whose possession this awful picture is found in his possession is in big trouble trouble.

I. Declaring people's death.
2. Trying to organize rape for a third party that is innocent of the crime and even an underage .
3. Printing same on social platform . Is a cyber crime
4. And many more allegations that will be added by the law enforcement authorities

donmik:


Your paragraph 6 is a lie!
If you are untrustworthy doesn't make every person in Nigeria to be you.
Meet ppl and learn life cos life is full of lesson beyond our knowings

If a person has financial dealings with 10 Nigerians and 9 of them turn out to be dishonest, the person would not be out of line if he assumes that all Nigerians are dishonest!

PROPEACE:

The reason why western countries appeal to you and your country men so much that you are willing to sell your kidney to go there is because they are organized. There are rules regarding interest rates and certain kinds of loans are not even allowed. For a poor country like Nigeria, every sane person knows hardship can push people into accepting loans with ridiculous interest rates. Most of these companies are Chinese companies and I have heard stories of people that paid the loans and kept receiving calls from the loan companies. How can you people even find the voice to defend this exploitation of your country's poor by these people. It confounds me how some of you guys feel comfortable welcoming and hailing the wickedness that is making you to run away from your country in droves.

U still running from the issues, the reason people don't feel obliged to pay back before the know Nigeria is almost lawless and means of enforcing is low and is why u see these loan companies do these things....if this was in western world....u know u can be tracked down and jailed and u still pay the money but here someone owing will still be acting like WTF

Nato008:

U still running from the issues, the reason people don't feel obliged to pay back before the know Nigeria is almost lawless and means of enforcing is low and is why u see these loan companies do these things....if this was in western world....u know u can be tracked down and jailed and u still pay the money but here someone owing will still be acting like WTF

Oga! You are the one running from the real issue. You are still mentioning western world? Do you not get what I am saying? I did not say it in Greek. In the western world, loans are never given at that interest rate, it is a crime. Only recognized financial institutions are allowed to issue such loans and to be given such permission, it must not be at ridiculous rates. It is an exploitation of the poor in society. They enact laws that protect their vulnerable citizens, that is one of the reasons why you people don't mind selling your kidneys to go to their heaven. You can make your country a heaven too by not allowing Chinese to oppress your citizens in their country.