platorepublic:
I wish to repay opay and fairmoney but this lockdown and stay at home is not helping matter at all. Fairmoney even threatened to take legal actions against me.
I have sent series of emails to fairmoney to explain conditions that warrant my late payment but it yield no positive results. I'm even depressed, the threat is too much for me to bear

Trojan8:


Check your fairmoney app, canceled all interest and stopped counting for late loans.

DiamondOkpi:



☝️☝️☝️Please what if you owe Carbon and can't pay back because of COVID lockdown, will they start calling your guarantor and contacts, also will the interest increase Please I need urgent answers

dyydxx:


I think it's blacklisting on the said loan app or other loan apps. Only Carbon or Kwikmoney has the necessary resources to update the credit bureau. I have seen this several times. The others dont have the resources too, and that's why they resort to unethical loan recovery practices.

They will still grant you, but will tell you to pay back first especially if it was from these loan apps

oluwafreshkid:


Check your network
Carbon that I use on a regular.

airminem:
Please after i repay my loan before due date, can i re apply and get a fresh loan immediately,

honsule:


For now they don't give immediate loan.
Even migo has packed up

airminem:
Please after i repay my loan before due date, can i re apply and get a fresh loan immediately,

oluwafreshkid:

Yes

airminem:


I was not approved for a fresh loan after paying two weeks before due day

honsule:



The lockdown is affecting them too. Because I believe many people will be unable to repay, hence once u repay yours the will immediately reduce the amount, that is if they are to give u another loan.

fairmoney loan of 50k i paid interest of 10k. Total of 60k. A week before the due date. And 7 days interval was given before the APPLY button was active again. When I said, let me see their offer this time around, I was surprised to see 2,500 as highest loan. LOL. I just deleted their app from my phone with immediate alacrity. They called me 2 times, I blacklisted their number. Rubbish

RedPanda:


very true. had this experience with sokoloan. As in, it was terrible....I just didnt have the money, it wasnt even that i didnt want to pay. Give me more time na lie, always bombarding me with calls and then they started spaming my contacts with messages like I used them for reference which i never did and then saying I was an alleged fraudster on the run for 5k ........mehn it wasnt funny.... when about 5 people called me, I was so infruriated and then now decided I was never going to pay back. I sent messages to all my contacts they my gmail contacts had been hacked and i'm being defamed by scammers desperately trying to tarnish my image. All my contacts got the message so people stopped contacting me. They were even piting me sef, that was how i was able to overcome. After a while I blocked all their contacts, there is this particular rude girl sending threatning messages everytime that they will arrest me, they will do this....untop 5k abeg shift comot. e don reach about 4 months now. The last person to call me I said if i pay now will they retract their lies and defaming mesages, if they defame me they should take that as the money abeg, no time. Now me and folks laugh about them as Scammers.

But seriously something meeds to be done about Sokoloan, they have very unethical practices. Somebody needs to sue them and put them out of business, get them banned on playtore or something. Very rude HND or OND loan recovery agents that cant even spell well.

zeedof:
yes you can.

TommyAnthem:
Hello sir, what if someone falls into unforseen circumstances thereby defaulting in loan repayment as at when due but was able to clear the loan later, will the person still be flagged by the credit Bureau as a defaulter?

zeedof:
credit bureau doesn't know what happened to you, you took and a loan for 6 month and you are yet to pay off after 12 months, bro it will be on your status that you defaulted and probably loan written off and closed which are worst case. No organisation will see that and grant you any thing...

TommyAnthem:
No, loan was taken for 12months and after 3months of servicing, issues arised, hoping to resume paying after nationwide lockdown, What is my faith?

TommyAnthem:
No, loan was taken for 12months and after 3months of servicing, issues arised, hoping to resume paying after nationwide lockdown, What is my faith?

Debbiesimi:
Good evening is it possible I get arrested for defaulting a loan taken

zeedof:
credit bureau doesn't know what happened to you, you took and a loan for 6 month and you are yet to pay off after 12 months, bro it will be on your status that you defaulted and probably loan written off and closed which are worst case. No organisation will see that and grant you any thing...

Debbiesimi:
Good evening is it possible I get arrested for defaulting a loan taken

airminem:
Good day, please just your input. I applied for branch loan and i just paid the load amount before it due date. Can i re apply immediately for a fresh loan?

teekay2cool:
I was also affected by the Covid-19 issue and some of the loan apps have been on my neck ever since.

9CREDIT is the main app disturbing my life, they harassed me on phone and on two occasions sent embarrassing text messages to some of my contacts. I managed to hustle 2k from someone and quickly made part payment. After one week a rude lady called me and was still shouting and making threats, I just hung up and vowed I was never going to make the rest of the payment until I securely had the money to do so. They can go ahead and text all my contacts if they like, that is pure defamation of character and they can be sued for that.

I am not a thief and before the pandemic I have always paid on time, I will not allow a petty organisation continue bullying me over money that is not upto 10k. The situation is really sad, they suddenly turn ur life upside down and make u overwhelmed in your activities. Something really needs to be done about these loan apps and their recovery methods.