Lawyer Mentions 3 Ways Nigerians Can Handle Loan Apps That Harass Them For Repayment
- A Nigerian lawyer has spoken out on what Nigerians who use loan apps should do when they demand repayment
- He shared three things Nigerians can do when being harassed and defamed when they exceed their repayment time
- Many who came across the lawyer’s post shared their thoughts on his stance and their similar experiences with loan apps
A Nigerian lawyer has shared how people can handle threats from loan apps, while sharing what most people do not know about such apps.
He stated what Nigerians could do when faced with threats and harassment from loan apps.
Source: TikTok
Lawyer shares how to handle loan apps
Identified as @madu_chiji on TikTok, the lawyer shared three things people can do when being harassed by loan apps.
His words:
"Number one: Find out if the loan app or company is registered with the Corporate Affairs Commission or recognised by the Central Bank of Nigeria as an official money lender.
“If they are registered, go ahead and petition them to the FCCPC or better still, the Consumer Protection Department of the Central Bank of Nigeria.
"Number 3, if you found out that they're not registered, no pay them shish, no give them one naira, chop their money clean mouth. nothing go happen."
The video was captioned:
"This is not a debt recovery strategy. It’s about how your data is being used against you."
Watch the TikTok video below:
Reactions trail lawyer's advice on loan apps
finebobo
I borrowed 900k and I’m paying back 1.4m back for like 6 months and this is just one month of the loan they’ve been calling me with different numbers like say 6 months don reach
blvck_love
mine makes me depressed as I'm not able to pack up and it's increasing. okash and easemoni on opay
Ade $$
Let me give una update nah pro bank i dey use clear my loans and still borrow another one
OSHA way
What are the disadvantages of not paying back to okash because the interest is to much
Ada Nsukka
Pls is easy money registered because me am not ready to pay them in this my life time
Nelly🦋🌹
what of laria loan, Aiden loan, Nmoney,9credit, nini loan,frimoney,tloan, alend are they registered
The_Real_Macky
Which loan app gives money if you haven’t paid a previous loan from a different bank?
In related stories, a lady saving N200 daily on Opay showed the amount she made, while another posted her interest after saving N27,000.
Man laments loan limit after repayment
Meanwhile, Legit.ng previously reported that a man who borrowed N110,000 from a loan app shared how he repaid before the due date of his repayment.
The man was disappointed after seeing his new loan limit while trying to borrow money from the app again.
Source: Legit.ng
