It all started when I needed money for medication and some food stuff. After taking loan from aella app. I couldn't repay before the due date so I had to take from other loan app. To repay. (Don't get me wrong, aella is trying compare to some others like sokoloan). So I was just using loan to balance loan. My problem started when aella refuse to give me loan even when I repaid my loan three days ahead of due date. So my real problem started when I took from soko loan to balance. The interest is very high (their loan term is 14 days and most of their loan app is 7 days with high interest). I was taking loan to balance loan because of their constant threat.
I'm an entrepreneur. I have a good business that yield high profit. But not having enough money to import materials. I totally forget about my business. Any money that enters my hands goes to loan lenders.
So to cut the long story short I end up using loan to balance loan ontill I discovered that I'm trap. To be sincere, I didn't use 80% of the money I borrowed for my self but for balancing other loan app because of the constant threat.

Now as I speak, I'm no longer afraid of their threat because they have already don their worst by assassinating my character, sending derogatory messages to my contacts.

Because of too many messages and call I couldn't sleep, So I had to remove my sim so I can rest and also look for money to boost my business so that I can start repaying gradually. Now I can think normal and sleep well.

But this is my problem. I think they are the one holding me money because they take the law into their hand by sending derogatory and blackmailing messages to my contacts and assassinating my character (they look for important contacts like pastor). If I repaid the loan, can they really pay for damages?

Please nairaland let's be fair. Is it right to repay loan lenders after causing so mush harm to the borrower?

https://www.ripplesnigeria.com/sokoloan-set-to-shutdown-after-paying-n10m-nitda-fine/

https://www.icirnigeria.org/how-fintech-loan-sharks-in-nigeria-cyberbully-trap-customers-in-debt/

omasco922:
It all started when I needed money for medication and some food stuff. After taking loan from aella app. I couldn't repay before the due date so I had to take from other loan app. To repay. (Don't get me wrong, aella is trying compare to some others like sokoloan). So I was just using loan to balance loan. My problem started when aella refuse to give me loan even when I repaid my loan three days ahead of due date. So my real problem started when I took from soko loan to balance. The interest is very high (their loan term is 14 days and most of their loan app is 7 days with high interest). I was taking loan to balance loan because of their constant threat.
I'm an entrepreneur. I have a good business that yield high profit. But not having enough money to import materials. I totally forget about my business. Any money that enters my hands goes to loan lenders.
So to cut the long story short I end up using loan to balance loan ontill I discovered that I'm trap. To be sincere, I didn't use 80% of the money I borrowed for my self but for balancing other loan app because of the constant threat.

Now as I speak, I'm no longer afraid of their threat because they have already don their worst by assassinating my character, sending derogatory messages to my contacts.

Because of too many messages and call I couldn't sleep, So I had to remove my sim so I can rest and also look for money to boost my business so that I can start repaying gradually. Now I can think normal and sleep well.

But this is my problem. I think they are the one holding me money because they take the law into their hand by sending derogatory and blackmailing messages to my contacts and assassinating my character (they look for important contacts like pastor). If I repaid the loan, can they really pay for damages?

Please nairaland let's be fair. Is it right to repay loan lenders after causing so mush harm to the borrower?

https://www.ripplesnigeria.com/sokoloan-set-to-shutdown-after-paying-n10m-nitda-fine/

https://www.icirnigeria.org/how-fintech-loan-sharks-in-nigeria-cyberbully-trap-customers-in-debt/

just pay your debt.

My friend pay you debt and stop feeling entitled. If dem no give you, you go still come here dey talk rubbish.

That money you are holding is their business money

You borrowed the money without the intention of paying back, I'm sure if you had presented something valuable as a collateral before applying for the loan you would have paid back before the due date. I don't know why some Nigerians can be wicked and evil yet they claim to be one of the most religious people in Africa.

long super story


u borrow pay back.

u lucky this isnt china

Mr man go and pay your debt joor, just take a look a the confidence sef as if you were forced to take the loan or they came all the way from their office to beg you to take the loan. I just don't get you people anymore, you borrowed and when it's time to pay you start asking if it's right to pay back the loan. Nawa oo

Omo

Abeg go pay your loan

You're running another man business down and you're here talking about law

Mitcheeew

HOLLY GRAM ABOBI IF DEM CAST U 4 ALL UR IMPORTANT CONTACT. ABOBI NO PAY ANY MONEY AGAIN. U NO D KIND DAMAGE WEY B DAT AND IT WILL MAKE U LOSE TRUST IN PEOPLE DAT KNWS U, INFACT DEM GO DE SEE U AS A THIEF. ABOBI ANY LOAN APP WEY CAST ME.. NA THUNDER GO FIRE DEM DAT DEY BCUS DEM NO GO SEE SHISHI. NO B SEY IF U PAY D LOAN NOW, DEM GO COME RESEND APOLOGY MESSAGE TO DOES PEOPLE OR CLEAR UR NAME.. ABOBI NO PAY ANY FVCKING MONEY. NO B AFTER DEM DON DISGRACE PESON FINISH. WTF MAN

Be civil bro
Try pay up your debt too

Pay your debt, Many Nigerians are so unreasonable hian. Did they force you to take the loan? The most dubious citizens in the whole world. Chai.

Don't pay any debt, since they have already been messaging your contacts.
They should go to hell
Ignore all these chinese slaves and asslickers telling you to go and pay.
Those sharks will entice you to take loans.
They have damaged your reputation already, don't repay I repeat.
Even FG of Nig dey borrow and default and even borrow more.
The way some of these sharks compel and entice you to take loan alone is crazy.
Imagine one fool called me out of the blues yesterday that they are creating awareness for their new loan app mint loans and I should download and apply.
They are all thieves, they snare you
No body will come to your house to arrest you anyday

omasco922:

I'm an entrepreneur. I have a good business that yield high profit. But not having enough money to import materials.

Sorry, what business is that? Maybe I could invest.

I known 90% of those that are saying I should go and repay are working with them. How will they expect me to repay after sending derogatory messages to my contacts. They sent to my pastor. But I thank God that my pastor is the understanding type.
They are better way to treat defaulters if they really need their money back. It's so funny that they expect repayment after assassinating my character.
I used to be ashamed of little things, but now I have grown to be strong nomater the shaking. My people knowns me that I'm not a fraud.
If Tiwa sarvage is still strong after what they did to her, is a call for encouragement.

SportsHD:

Sorry, what business is that? Maybe I could invest.

I will send you an email.

Your writeup shows how dubious you are, "borrow to pay loan" I believe you never have intention of settling your debt.
If I know you I can never risk my money with you because it's obvious you won't pay.
Finally, try to settle your debt with these people, forget their threat messages and "assassination of character" that's the only language people like you understand

omasco922:
I known 90% of those that are saying I should go and repay are working with them. How will they expect me to repay after sending derogatory messages to my contacts. They sent to my pastor. But I thank God that my pastor is the understanding type.
They are better way to treat defaulters if they really need their money back. It's so funny that they expect repayment after assassinating my character.
I used to be ashamed of little things, but now I have grown to be strong nomater the shaking. My people knowns me that I'm not a fraud.
If Tiwa sarvage is still strong after what they did to her, is a call for encouragement.

Just read the thrash you wrote here. What character are you talking about dude?
Talking about tarnishing your dubious image. You take money from someone, instead of paying up as agreed, you are now looking for an excuse not to pay. You better pay up cos unless the loan app would activate GSI on accounts linked to your BVN.

Shameless.

Go and pay your debt

HarunaWest:

Just read the thrash you wrote here. What character are you talking about dude?
Talking about tarnishing your dubious image. You take money from someone, instead of paying up as agreed, you are now looking for an excuse not to pay. You better pay up cos unless the loan app would activate GSI on accounts linked to your BVN.

Stfu.. They won't do anything apart from shouting and crying.. You no fit shame person and expect him to pay, why not activate the so called GSI, they should go and collect their money from the people they messaged na




And to all those good for nothing people up there ehn.... Two wrongs don't make a right. Fine, he defaulted, why not reach out to his bank or report him to the appropriate authorities, so it's okay to spoil his name on top money wey no even reach 30k.....

HarunaWest:

Just read the thrash you wrote here. What character are you talking about dude?
Talking about tarnishing your dubious image. You take money from someone, instead of paying up as agreed, you are now looking for an excuse not to pay. You better pay up cos unless the loan app would activate GSI on accounts linked to your BVN.

You are one of those that doesn't read post before commenting. You just read the topic and start talking nonsense.
Let them go and collect the money for those that they message.

HarunaWest:

Just read the thrash you wrote here. What character are you talking about dude?
Talking about tarnishing your dubious image. You take money from someone, instead of paying up as agreed, you are now looking for an excuse not to pay. You better pay up cos unless the loan app would activate GSI on accounts linked to your BVN.

just leave am him eye go soon clear

omasco922:
It all started when I needed money for medication and some food stuff. After taking loan from aella app. I couldn't repay before the due date so I had to take from other loan app. To repay. (Don't get me wrong, aella is trying compare to some others like sokoloan). So I was just using loan to balance loan. My problem started when aella refuse to give me loan even when I repaid my loan three days ahead of due date. So my real problem started when I took from soko loan to balance. The interest is very high (their loan term is 14 days and most of their loan app is 7 days with high interest). I was taking loan to balance loan because of their constant threat.
I'm an entrepreneur. I have a good business that yield high profit. But not having enough money to import materials. I totally forget about my business. Any money that enters my hands goes to loan lenders.
So to cut the long story short I end up using loan to balance loan ontill I discovered that I'm trap. To be sincere, I didn't use 80% of the money I borrowed for my self but for balancing other loan app because of the constant threat.

Now as I speak, I'm no longer afraid of their threat because they have already don their worst by assassinating my character, sending derogatory messages to my contacts.

Because of too many messages and call I couldn't sleep, So I had to remove my sim so I can rest and also look for money to boost my business so that I can start repaying gradually. Now I can think normal and sleep well.

But this is my problem. I think they are the one holding me money because they take the law into their hand by sending derogatory and blackmailing messages to my contacts and assassinating my character (they look for important contacts like pastor). If I repaid the loan, can they really pay for damages?

Please nairaland let's be fair. Is it right to repay loan lenders after causing so mush harm to the borrower?

https://www.ripplesnigeria.com/sokoloan-set-to-shutdown-after-paying-n10m-nitda-fine/

https://www.icirnigeria.org/how-fintech-loan-sharks-in-nigeria-cyberbully-trap-customers-in-debt/

You’re a thief

The only way to solve a credit deficit is to give more credit....civilised societies know this. But naija and china loan collabos are mumu. OP don't pay shishi. Na unsecured loan and they have done their worse already. If they come your house , break bottle for their head. No shakings

DUNKA:
just pay your debt.

useless agent, shut up. will they pay for damaging his reputation?
op if you have a way of not paying , please dont pay

ignore all those useless agents there. i dey wait for anyday why any of them go call me and embarrass any of my relative, i go trace the particular person and make sure i dent his or her face and post it on nairaland

house10s:
long super story


u borrow pay back.

u lucky this isnt china

omo those chinese mean for loan o. i don see where them destroy person property worth 1000x the loan wey the guy collect

You borrow from Soko loan to pay aella so that you can look to aella.
Soko loan can go to hell for all you care.
Since you have decided not to pay back, I see no reason for this thread.

danniyal:
This only applies to loan sharks. Don't try it with registered loan apps such as branch, carbon etc. They can get a lien on your bank account
It is applicable to sokoloan, 9jacash, gocash, ncash, 9credit etc and for those collecting loan for the first time. If you have collected before, they already have your contacts

First, they rely on your contacts to disgrace you. Let's beat them at their own game
Steps
✓Download superbackup from playstore
✓back up your contacts using superbackup. Go to file manager> smscontactsbackup>contacts and you will see the backed up contacts as .vcf
✓disable google synchronization or remove your google account completely from your phone
✓delete all your real contacts from your phone
✓download contact generator from playstore and generate as many fake contacts as you want
✓you can now apply for loan from any of the loan sharks using the fake contacts you have generated
✓after successful loan application, delete the loan app from your phone, delete all the fake contacts and restore your real contacts using superbackup and you are good to go

Clap for yourself.
How to defraud loan apps.

there are laws regulating loan/interest rates in Nigeria, let the loan apps follow the laws and regulation. According to the law, no lender can prosecute any defaulter until after 1 year of owing, according to the law and regulation in Nigeria, interest rate is maximum of 48% per annum which is 4% monthly. wicked lenders and their agents loan their money out to receive interest as high as 50% weekly /monthly plus capital. That is unspeakable evil of man to another man and if you cannot see it then it is because you yourself are part of this grave wickedness to humanity, they all know their business is wicked that is why they are hiding from CBN and others regulators

mauriceju2:
there are laws regulating loan/interest rates in Nigeria, let the loan apps follow the laws and regulation. According to the law, no lender can prosecute any defaulter until after 1 year of owing, according to the law and regulation in Nigeria, interest rate is maximum of 48% per annum which is 4% monthly. wicked lenders and their agents loan their money out to receive interest as high as 50% weekly /monthly plus capital. That is unspeakable evil of man to another man and if you cannot see it then it is because you yourself are part of this grave wickedness to humanity, they all know their business is wicked that is why they are hiding from CBN and others regulators

That is why the highest they can do is calling my contact an blackmailing me on social media which I'm now use to. Now as I speak they are tire in calling my contact. Now they no longer threaten me, they are now adding please to their message on like before. They should continue to call my contact since my contact will be the one to repay them. This is why I say they are not mature. Instead of them to implant America artificial brain on their head, they went to implant Chinese brain.
Instead of them to leave the best natural brain, they went to implant Chinese brain. And because of that they do things before thinking instead of thinking first.

Any day I receive such message because someone I know took a loan

I will happily sue them

That's intrusion of privacy

And Nigeria have data laws

They should be in court explaining how they got those contacts

A loan app have no business accessing phone contacts

How do you guys install apps without even checking what it can access sef?