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Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store (6058 Views)

FG Asks Google To Remove 18 Loan Apps From Play Store (Full List) / Sokoloan Are Very Nasty Set Of People, The Government Should Take Action (photo) / How I Got Badly Disgraced By Sokoloan (2) (3) (4)

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Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Greenpace214(f): 7:32am On Jun 23, 2020
+++SOKOLENDING COMPANY owns the following lending app on play store.

-SOKOLOAN
-9JACASH
-GETCASH

These guys lend you Five thousand naira to pay back Eight thousand naira within Fourteen days.
If you don't pay on or before that day.
You will start receiving death threats.
Text messages will be sent to all your contacts and they will tell them you are a criminal.
After that you will still pay the loan with additional interest and their interest rate is very high. Even with the covid-19 pandemic, they are still cashing out heavily.

Don't download their app or take money from them, you will regret it.

Thousands of people are complaining, I wonder how they got the license to operate with such high interest rate.





CC:
Puskin
Dominique

3 Likes

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by CokeBar(f): 7:36am On Jun 23, 2020
Lool, sending messages to your contacts?

That's extreme, lmao!

Going over to Play Store to read more stories cheesy

I see a lot of people complaining, someone even said they sent the text message to all his in-laws. cheesy cheesy

My question: when taking the loan, did you agree to this? That your contacts will be notified that you're a debtor if you default? cheesy cheesy

4 Likes 1 Share

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by segebase(m): 7:38am On Jun 23, 2020
I can never use them in my life again ....the interest rate too high

1 Like 1 Share

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Nobody: 7:41am On Jun 23, 2020
Interest rate is always a subjective matter. May you not be desperate and without options, some folks are actually borrowing to pay back double.

Meanwhile, we were taught in Finance that the higher the risk the higher the returns.
And furthermore, someone's job might just be at risk due to your loan default.

1 Like

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Realadey(m): 7:41am On Jun 23, 2020
grin
Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Greenpace214(f): 7:42am On Jun 23, 2020
shocked
Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Greenpace214(f): 7:46am On Jun 23, 2020
Gracealone:
Interest rate is always a subjective matter. May you not be desperate and without options, some folks are actually borrowing to pay back double.

Meanwhile, we were taught in Finance that the higher the risk the higher the returns.
Meanwhile, someone's job might just be at risk due to your loan default.

You don't know these guys...

Go-to play store and read reviews.

Also read reviews for CARBON,FAIR MONEY,BRANCH,etc.
Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Nobody: 7:48am On Jun 23, 2020
Many are just getting entangled with unnecessary debts. People survived before all these loan apps came.

1 Like 1 Share

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Daroldigits: 7:51am On Jun 23, 2020
For sending message to my contacts by HACKING MY PHONE WITHOUT APPROVAL is the reason I asked a lawyer to write them.

2 Likes 1 Share

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Henry22(m): 7:59am On Jun 23, 2020
Fair money and branch remains the best lending app I have ever come across, the rest are just yahoo boys. grin

2 Likes 1 Share

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Greenpace214(f): 8:16am On Jun 23, 2020
grin grin grin

Yahoo boys


Henry22:
Fair money and branch remains the best lending app I have ever come across, the rest are just yahoo boys. grin

1 Like

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Nezzjnr: 8:21am On Jun 23, 2020
Sending message to your contacts cheesy cheesy

3 Likes

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Greenpace214(f): 8:49am On Jun 23, 2020
CokeBar:
Lool, sending messages to your contacts?

That's extreme, lmao!

Going over to Play Store to read more stories cheesy

I see a lot of people complaining, someone even said they sent the text message to all his in-laws. cheesy cheesy

My question: when taking the loan, did you agree to this? That your contacts will be notified that you're a debtor if you default? cheesy cheesy


Will their contacts pay you?
Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Nobody: 9:11am On Jun 23, 2020
God will not let me to see what will make me take loan again

5 Likes

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by FemiHKE(m): 9:48am On Jun 23, 2020
These guys don't send you ooo. They'll send messages to all your contacts and threaten you with police and lawsuits. I faced hell during the lock down with these guys. Rubbish Chinese company! angry

They should be banned from operating in this country.

God will never allow me to use them again neither borrow from any financial institution. If I no get I no get.
Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Greenpace214(f): 7:31am On Jun 25, 2020


Anything that leads you to them

This will be your case, keep reading.

1 Share

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Greenpace214(f): 5:03pm On Jun 25, 2020
#Bank

#NigerianBank

#Newspapers

#CreditChex

#NBFacts

#NigerianBulletin
Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by SavageResponse(m): 9:34am On Jun 26, 2020
Gracealone:
Interest rate is always a subjective matter. May you not be desperate and without options, some folks are actually borrowing to pay back double.

Meanwhile, we were taught in Finance that the higher the risk the higher the returns.
Meanwhile, someone's job might just be at risk due to your loan default.

They don't care about the fact that someone's job is on the line if they default...

People just come here to tell lies and half-truths when in actual fact they know in their heart of hearts that they really had no intention of repaying the loans they took.

Nigerians are damn stubborn and insensitive when it comes to repayment of loans

I have no blame for Sokoloan...they are free to use whatever means to recover their money!

2 Likes

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Greenpace214(f): 7:10pm On Jun 26, 2020
SavageResponse:


They don't care about the fact that someone's job is on the line if they default...

People just come here to tell lies and half-truths when in actual fact they know in their heart of hearts that they really had no intention of repaying the loans they took.

Nigerians are damn stubborn and insensitive when it comes to repayment of loans

I have no blame for Sokoloan...they are free to use whatever means to recover their money!


What about BRANCH or CARBON or FAIR MONEY...why are people not complaining about them, why is sokoloan the rotten egg?

1 Like 1 Share

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Nobody: 11:06pm On Feb 24, 2021
Henry22:
Fair money and branch remains the best lending app I have ever come across, the rest are just yahoo boys. grin
Fairmoney don't call your contacts?
Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Henry22(m): 7:37am On Feb 25, 2021
R2bees:
Fairmoney don't call your contacts?

No but they will really disturb u if u fail to pay up on time
Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by nawena: 8:09am On Feb 25, 2021
SavageResponse:


They don't care about the fact that someone's job is on the line if they default...

People just come here to tell lies and half-truths when in actual fact they know in their heart of hearts that they really had no intention of repaying the loans they took.

Nigerians are damn stubborn and insensitive when it comes to repayment of loans

I have no blame for Sokoloan...they are free to use whatever means to recover their money!

They have no right whatsoever to send messages to your contacts, the worst they can do is contact your guarantors. People should know their rights, stop making it look as though what sokoloan is doing is good. Most of their customers are genuine people who only found themselves in temporary financial mess. Hope you are not one of their staff? I have heard so many terrible things about this sokoloan.

1 Like 2 Shares

Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Nobody: 1:48pm On Feb 25, 2021
Henry22:


No but they will really disturb u if u fail to pay up on time
They said I'm not eligible, I should try again in 7 days time. Which other platform will give me on my first application?
Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Henry22(m): 11:22am On Apr 01, 2021
Once they start sending defaming SMS to your contacts there's no need to pay them again....those people don't apply wisdom in Thier dealings with customers.
Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Draught: 12:41pm On Apr 01, 2021
...

I don't blame them..

After all you are the one that asked for their own hard earned MONEY!

In Nigeria,its no coincidence the poverty level is very high.. And a lot.. And I mean lots of ppl borrow without paying on the due date citing bs like my dad died, or my wife gave birth.. Ni**a nobody gives 2 fcuks.. Pay up on the due date or get embarrassed.. Simple.. So I can understand why they send pre-notifications.. And definitely I believe they operate like this because they have been cheated numerously..Nigerians can be very tough and stubborn, you gotta sometimes use a hardened hand to get what you want from them...

As a business man, Anything that concerns money, sentimentality shouldn't be allowed.. Talking from experience...
Re: Say No To SOKOLOAN, This Lending App Should Be Removed From Play Store by Henry22(m): 1:42pm On Apr 01, 2021
Draught:
...

I don't blame them..

After all you are the one that asked for their own hard earned MONEY!

In Nigeria,its no coincidence the poverty level is very high.. And a lot.. And I mean lots of ppl borrow without paying on the due date citing bs like my dad died, or my wife gave birth.. Ni**a nobody gives 2 fcuks.. Pay up on the due date or get embarrassed.. Simple.. So I can understand why they send pre-notifications.. And definitely I believe they operate like this because they have been cheated numerously..Nigerians can be very tough and stubborn, you gotta sometimes use a hardened hand to get what you want from them...

As a business man, Anything that concerns money, sentimentality shouldn't be allowed.. Talking from experience...

Do you actually know that there's a level to which it will get to that when people receive such defaming message they will just hiss and delete it immediately?, Because they know where such messages come from, and I have received such messages four times and the last one I actually called the guy and guess what he never paid back cos to him they have collected Thier money by defaming him......so sending messages to ones contacts is really unprofessional because las las everyone will move on.

1 Like

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