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What Will Happen If One Fails To Pay Back Loan From Loan App? - Business (10) - Nairaland

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Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:20pm On Jan 12, 2020
kayodez:



What if circumstances changed... situations like financial constraints might come in place. So I don't one would borrow money without having mind of repaying.
U have sense bro, what if the person No get money at the moment to pay back the loan

1 Like

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:21pm On Jan 12, 2020
scopusng:


Na lie bro. It's only when u borrowed from the bank and not thru app. For two years now nothing do me. Lol
Tell Me More Please
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by LZAA: 7:21pm On Jan 12, 2020
Cutehector:
lmao...how did you feel after reading the text? Did you like laugh... grin
I laff ooo i no go lie grin
Homeboy was like never again
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:22pm On Jan 12, 2020
eneyoduke:
You will be judge according to the law
What will the law do to a person who is broke at the moment and he can't pay back his loan
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Johans1991: 7:22pm On Jan 12, 2020
LORDKing001:

Go to PlayStore
Instal branch
Then fill your details
You will see d amount you qualify for then apply

5k to pay 6k by month end. If you refer someone you get 1.5k on repayment
Holla me if you want me to give you my referral pls
pls can i get your contact? mine is 07033189842
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:23pm On Jan 12, 2020
dangoteinlaw:
I know the hardship hit everybody but I advice if you have cash pay back your loan. nothing sweeter than having somewhere you can always fall back to when it gets tight. In USA the richest ones are not those with cash in the bank but those with good credit scores.
Will You Show Me Some Love
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:24pm On Jan 12, 2020
fish23:
Why you no wan pay back?
This Is Nigeria, No be person who have money at the moment go pay back his loan
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:24pm On Jan 12, 2020
Weselion:


You can mail me here https://www.nairaland.com/sendemail/weselion
Hope you are On Whatsapp bro
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by SexytorresE(f): 7:28pm On Jan 12, 2020
Have seen guys in my school buying new sims to do this sh*t with the intention of not paying back . Lik what’s wrong with everyone? undecidedever since I noticed it , I stop giving out my phone to them .ah! Make person no come use my phone borrow money wey I Dey jeje grin

1 Like

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by ashantitope: 7:29pm On Jan 12, 2020
UDOKABESTLUV:
Hello, My Fellow Nairalander, What Will happen to the person, if he/she fail to pay Loan he/she borrowed From Loan App Company Because Of One Reason Or The Other.
I Need To Hear From You Guys!

They will call all your frequently dial num on your phone and they will also flagged your BVN and also report you to the recovery team that will locate you so oga go and pay off your debt
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by SexytorresE(f): 7:30pm On Jan 12, 2020
The part that got me is when they start messaging and calling people on ur contact grin grin ahahahhhahahahahahahaha so funny. I will try it one day and see. But I don’t wanna borro tho, I rather find a guy to task than borro from these apps undecided
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:31pm On Jan 12, 2020
APCNig:


The person will be traced, arrested, prosecuted and jailed. That person is definitely a thief and will end up in jail for trying to block other people's chance of benefiting same.
Even when the person No get money to pay them back
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Cutehector(m): 7:31pm On Jan 12, 2020
LZAA:

I laff ooo i no go lie grin
Homeboy was like never again
hahahahhahahhaha cheesy grin

1 Like

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:31pm On Jan 12, 2020
hidhrhis:

yeah branch they even said they will report me to one bureau I can't really remember sent me multiple messages claiming If I don't pay in 48 hours I won't be able to borrow again even calls
it being close to a year now nothing happened
Tell me more please
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:32pm On Jan 12, 2020
ashantitope:


They will call all your frequently dial num on your phone and they will also flagged your BVN and also report you to the recovery team that will locate you so oga go and pay off your debt
Who are the recovery team
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by adeoba2008(m): 7:33pm On Jan 12, 2020
The worst they can do is to report you to Credit Bureau. I was once a victim of that with Paylater. I had to pay back when I needed a.more reasonable loan from Sterling Bank and they asked me to go and clear that loan.

2 Likes

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:33pm On Jan 12, 2020
zeedof:
I am a banker and a credit officer......
Though nothing will happen to you, no body will arrest you or disturbed, they will only percified you to pay back. But if you are the type that want to grow in future and want to access facilities, i will advice you to pay and always pay at stipulated date... because, your record on credit bureau will be flag.. Meaning no bank can grant you facilities, no standard or reputable organization can do business partnership with you again, even it can affect you in traveling process.... it's will always show that you have bad credit...
Please Sir, Are you on whatsapp
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by LZAA: 7:33pm On Jan 12, 2020
Cutehector:
hahahahhahahhaha cheesy grin
The funny part be say me and bro no yarn for like 2 yrs
Hw dm take get my number was something else
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:34pm On Jan 12, 2020
ENG0701:
People don't know that trust is capital. Businesses have a hard time getting funds for their ideas because of financial institutions don't trust Nigerians. Now you have companies taking a gamble, and we can think of is how to cheat this system. This is really sad.
If you don't have the intention of repaying, don't borrow. It's that simple. Cheating the system doesn't make you smart, it makes you a cheat, and a cheap one at that.
Is not about cheating bro, what if the person No get money at the moment to pay back Nko
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:35pm On Jan 12, 2020
rainmoredays:
Nothing
Explain More to me
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Cutehector(m): 7:35pm On Jan 12, 2020
LZAA:

The funny part be say me and bro no yarn for like 2 yrs
Hw dm take get my number was something else
I just dey imagine babes wey he don dey try scope (if he is still single) grin and they get the text..serious falling of hand cheesy

2 Likes

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:36pm On Jan 12, 2020
lastchild:
unbelievable, so how do these people get back their money frontier people that refused to pay
I need an answer to that please
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by Cutehector(m): 7:37pm On Jan 12, 2020
SexytorresE:
The part that got me is when they start messaging and calling people on ur contact grin grin ahahahhhahahahahahahaha so funny. I will try it one day and see. But I don’t wanna borro tho, I rather find a guy to task than borro from these apps undecided
you can imagine.. If you were in my contact list, I would still turn you back to those apps.
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:37pm On Jan 12, 2020
akaahs:

How do one go about it, as in... The process and criteria.
Do you want a Loan boss
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:39pm On Jan 12, 2020
Ashirioluwa:

Definitely you don't want to pay the money you borrowed.........too bad bro

Remember they have your BVN. They will find you.
What if the person is dead nko, OR the person No get money to pay them back at the moment

1 Like

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by LZAA: 7:40pm On Jan 12, 2020
Cutehector:
I just dey imagine babes wey he don dey try scope (if he is still single) grin and they get the text..serious falling of hand cheesy
Chooigrin

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:40pm On Jan 12, 2020
omomummy13:


You're criminal minded.

If you don't have the means now, give them a call to restructure the loan.

From all indications, you don't have the intention to pay back. Well, I've got good news for you. Karma is a bitch
Are you inside my pocket bro
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by OLUJOSHINS(m): 7:41pm On Jan 12, 2020
olasco2035:

Oh boy those people don call me tire....they don't even bother to call again...and nothing do me...I even deleted the app

U carry another man sweat dey waka for street

Say nothing do you!!

LOL

2 Likes

Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:42pm On Jan 12, 2020
mujaya1:
please help me, i have the same problem, sometime last year my friend collect me a loan of 5k which he stated that is a trader moni by pmb buhari, last last i discover is a loan from rapidcash which at that time i don,t have money to repay my loan later i got the 5k to pay the loan but to my suprice they deduct 9k from my friend account, also they deduct 14k from other account, this put me in fear up to now i never pay they loan, but rapidcash stop sending me message, how should i go about it.
Get in touch with me please
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:43pm On Jan 12, 2020
eyinola:
why will u want to fail to pay back the loan even if noting will happen,years back companies like Guiness,and Noble rugs partners with our fathers to set them up in business,all they need at that time it's just a store in which those companies will supply them with goods worth millions of naira without paying a kobo only to pay back after selling and keep the proceeds from the sales,majority of them end up not paying a dime back some went to ijebu for juju so the company that helps them can stop asking for their investment, today if u don't have over 50 million u can't be a major distributor to this company leaving me and u to struggle in setting up a business today. Don't hv d mind of taking loan without paying back
Paying back is not the problem but where do you see the money to be use in paying back
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:45pm On Jan 12, 2020
donkaz2:
Unless u are hard ooo , I almost have heart attack cos I d y owe a loan company ooo after I no fit pay back all the loan my loan amount double the money I borrowed. Then they started calling my wife and even send message to some of my contacts to tell me to pay back my loan that was after I told them via email and call that am undergoing serious .... And will pay back soon I need more time. But the call and treat keep coming and even threaten to storm my home. It's not a pleasant experience. I pray that once I fully repay the loan I can never borrow money again either from the bank or any loan app. I no wan die young abeg.[color=#000000][/color]
You Have Said It All Bro
Re: What Will Happen If One Fails To Pay Back Loan From Loan App? by UDOKABESTLUV(m): 7:46pm On Jan 12, 2020
chidooh1:
A debtor does not go to jail, you can take him to court to make an agreement on how to pay. The highest a court can do to a debtor is to declare him "bankrupt" meaning unable to handle any financial deal of any kind.
God Bless You Sir, how can a debitor go to jail?

2 Likes

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