Nice2023:



If he refuses to honour the court...be sure to see the guy in jail.

You should have stated he could be imprisoned for contempt of court. HE CAN NEVER BE IMPRISONED FOR OWING A LOAN APP MONEY. NEVER.

Creditors can sue you for an unpaid debt in civil court and that is it.

Court could even ask a defaulter to pay N10 every month till the loan is fully paid.

I would explore better means of debt recovery like GSI and others than go to court.

Cantonese:


Relax when you are a debtor?
“Na so dem dey do”? Na so you sef go take am until dem take court order collect your properties.

Where is the scam? Are you trying to say that when you gan gan took out the loan you scammed the company?

If you do not have the means of repayment, do not take a loan. The company simply forwarded the details of the borrower to their debt collectors. That’s the procedure. The debt collectors took the necessary steps:
1. Send the reminder to the borrower
2. Give the borrower some more time to pay up.
3. Get their lawyer to send the demand notice
4. Go to court to get their money.

The borrower either did not have the money to pay while these processes were going on, or he simply ignored them. Now the bobo dey run helter skelter. Na who una want to blame?

Naija people think say them wise.
That fellow will have to pay a lawyer to defend him if not the loan company will get judgement. By the time they grab all his property, garnishee his accounts any where in the country through his bvn, his eyes will clear.
His best bet is to approach the loan company, give them their money, pay the interest and their cost so far of litigation.

The court order is as useless as Naira right now. When it comes to loan default, there's not much the lender can do. Las Las he will be paying ₦100 Every month.

FxExpo:
I know you're the one, not your neighbor because atypical Nigerian will pull out his/her android and start videoing to share on social media so as you tell us orally means you're the one

Naaaah, he is just "asking for a friend"
Or, he has Nokia 1100, so no camera.

Nasri100:


You should have stated he could be imprisoned for contempt of court. HE CAN NEVER BE IMPRISONED FOR OWING A LOAN APP MONEY. NEVER.

Creditors can sue you for an unpaid debt in civil court and that is it.

Court could even ask a defaulter to pay N10 every month till the loan is fully paid.

I would explore better means of debt recovery like GSI and others than go to court.

Exactly.
Why go to that extent for just ₦20,000?

It's a fake court order.

airsaylongcome:


Is someone being served a court order (for defaulting on their loan) a privacy infringement? Or are you referring to their under hand tactics of blackmailing the loanee to their contacts?

I am not supporting defaulters of loan. I am simply saying that they should be regulated.
Have you been embarrassed before by loan apps? Like nor be you borrow money o. But they keep calling you to call someone to pay up. Who does that?

One loan app still dashed me 28k yesterday, I nor ask oo they just sent me message say I get good credit I don use am chop pepper soup. I dey wait for their court order.

Court "Order" or court summons?

Interlocutory orders are not given in vacuum.


You can not obtain an order of the court without first activating the jurisdiction of the same court by way of filing your summons (in a civil suit) or a charge (in a criminal trial).

Moneyboyz:


Naso people wey owe you money dey behave and win when you ask for payment?

You Kno they are illegal in the country, d loan Apps.

zukky79:
If it's by email or Whatsapp, then it's fake. It's one of their tactics to cajole their debts into paying.

But tell your neighbor to go and pay joor.

Service by mail is valid under the evidence Act, 2011 be guided oo

Nice2023:




Not when he has refused to pay without giving substantial reason.

If he is unlucky,same court can remand him.

U people just make the court system look like charity homes. He can be imprisoned if care is not taken.

Those money lending apps are licenced by the same court where he is being charged,so be careful not to preempt the court.

Same court can unleash its real venom on him.

Mtcheeewwww

nedekid:

How are they jokers naa, if na ordinary 3k to pay 6k, why wount the debtor pay?
Zenith bank the other day told me flat out, they have disabled quick cash on their app because Nigerians do not pay and the stress of chasing them is not worth it.
Anyway, as per this court case, it will be a magistrate court or Lagos state small claims court that will dispense of the matter swiftly.
It might be over 3k to pay 6k as you said, but the company might also demand accumulated interest, cost of litigation, and damages.
Ie 6k matter fit turn 600k

It might. He could countersue also though for privacy infringement and defamation. OP mentioned his contacts were also reached out to. If its that stupid text about him being a serial debtor, escaping Covid/HIV centres that this loan sharks normally send, he'll have a field day in court.

While the interest rate may seem abnormally high and unfair, as long as he didnt sign under duress or deception, the court will see it as a valid contract.

zukky79:
Was he served physically or by email/WhatsApp?

MODIFIED
If it's by email or Whatsapp, then it's fake. It's one of their tactics to cajole their debtors into paying. They will even create fake police documents summoning the debtor to a police station. This is to create fear in the debtor to go and pay.

Those guys show me pepper in 2020. Them call my mama for village. Them message my pastor and my younger ones sef. They declared me wanted by efcc ontop 21k. I lost my phone on a journey and couldn't get the app to pay back. I was faithful until then because I was trying to build up to a higher loan about. Chai! After I paid them, I can't touch loan apps with a 40 feet pole. They will take your peace of mind away.

But tell your neighbor to go and pay joor.

Will you blame them. They behaved that way becos they thought you were one of those Nigerians that take loans and run away.
This is how bad Nigerians spoils market for good Nigerians. I'm not even talking about loans only.

FxExpo:
I know you're the one, not your neighbor because atypical Nigerian will pull out his/her android and start videoing to share on social media so as you tell us orally means you're the one

Whether him or his neighbour, what has that got to do now with gbese on ground?

Peledonomy:
I cannot stop lafin. My neighbour was owing swift cash. These people have called and threatened him and his contacts.

Today they just served him court order. The guy that was doing strong man is now panicking.

Make I just dey watch film

GOOD…
Nigerians should learn to repay loans!
>

LikeAking:


Panike for what?

He will win them..

how are you so certain?

Peledonomy:
I cannot stop lafin. My neighbour was owing swift cash. These people have called and threatened him and his contacts.

Today they just served him court order. The guy that was doing strong man is now panicking.


Make I just dey watch film

How much is he owing, and for how long has he been owing them?

Hahahahha, he's living a fake life.

Peledonomy:
I cannot stop lafin. My neighbour was owing swift cash. These people have called and threatened him and his contacts.

Today they just served him court order. The guy that was doing strong man is now panicking.


Make I just dey watch film

How much is he owing sef? Nig is one the highest debtors to china 00 yet Dem no hold for jugular

Preator:


It might. He could countersue also though for privacy infringement and defamation. OP mentioned his contacts were also reached out to. If its that stupid text about him being a serial debtor, escaping Covid/HIV centres that this loan sharks normally send, he'll have a field day in court.

While the interest rate may seem abnormally high and unfair, as long as he didnt sign under duress or deception, the court will see it as a valid contract.

Yes, it is within his rights to countersue, Ofcourse his may have been defamed. But surely the op provided his contacts willingly before the loan was approved. I am sure in the agreement you tick the box signifying consent, you have given parmission for them to contact your contact list on your phone. Who reads the agreement?
As per high interest, I do not see that as an escuse, folks are informed of the interest before hand, you have the option to accept or decline, once it is accepted no more excuses.
3 weeks ago, one of them offered me 30k to pay 7k interest in 1 month. I rejected.
1. The amount was small, 2. The interest rate was high.
Next day they called me to take the money, I said I no want. Thank you. I deleted the app.
Rather, I loaned myself money from my dom acct.

Primusinterpares:
I am not supporting defaulters of loan. I am simply saying that they should be regulated.
Have you been embarrassed before by loan apps? Like nor be you borrow money o. But they keep calling you to call someone to pay up. Who does that?

Yeah I totally support your position about these loan sharks over stepping their bounds when they reach out to contacts. I totally hate it but what can we do in this country? We as citizens sef we lack awareness about data privacy. Many people are happy to drop their contacts (email/phone number) anywhere without hesitation. For me the first time they(loan sharks) call me they only get to speak with me for 10 seconds. After that, I block the number for life.

Primusinterpares:
CBN need to do more on these loan app privacy infringement thing

You've collected loan app money and never want to pay abi

All these disobedient children will never wan to pay back shiahi, like yes daddy like followers

Nice2023:




Not when he has refused to pay without giving substantial reason.

If he is unlucky,same court can remand him.

U people just make the court system look like charity homes. He can be imprisoned if care is not taken.

Those money lending apps are licenced by the same court where he is being charged,so be careful not to preempt the court.

Same court can unleash its real venom on him.

court cannot remand you over a debt, unless you fail to pay what the courts order you to pay

Most people don't want to pay back that is the truth. Loan shark no be way ooo

handsomeyinka:
Borrowing money is easy but paying it back is always stressful..

Most times i wonder why we have no credit facilities in our system..

Most borrowers needs to understand the fact that this is business and therefore are obliged to repay the loan.
Though I understand things are really hard in Nigeria,i pray the lord almighty will continue to bless people in need and protect us all.

newoffer:
Most people don't want to pay back that is the truth. Loan shark no be way ooo

You right .

Hmm. Can't stop laughing 🤣 😃 "Dem declare me wanted on top 21k" u funny.

zukky79:
Was he served physically or by email/WhatsApp?

MODIFIED
If it's by email or Whatsapp, then it's fake. It's one of their tactics to cajole their debtors into paying. They will even create fake police documents summoning the debtor to a police station. This is to create fear in the debtor to go and pay.

Those guys show me pepper in 2020. Them call my mama for village. Them message my pastor and my younger ones sef. They declared me wanted by efcc ontop 21k. I lost my phone on a journey and couldn't get the app to pay back. I was faithful until then because I was trying to build up to a higher loan about. Chai! After I paid them, I can't touch loan apps with a 40 feet pole. They will take your peace of mind away.

But tell your neighbor to go and pay joor.

Nice2023:




Not when he has refused to pay without giving substantial reason.

If he is unlucky,same court can remand him.

U people just make the court system look like charity homes. He can be imprisoned if care is not taken.

Those money lending apps are licenced by the same court where he is being charged,so be careful not to preempt the court.

Same court can unleash its real venom on him.

Shut up there!
Criminals extorting Nigerians under the guise of loan app. You and your Chinese companies are not even registered in this country.
Useless thing. Don't go and look for work, allow China people to be using you to curse your ancestors all in the name of getting loan money back.

Na men dey do amebo pass these days

zukky79:
Was he served physically or by email/WhatsApp?

MODIFIED
If it's by email or Whatsapp, then it's fake. It's one of their tactics to cajole their debtors into paying. They will even create fake police documents summoning the debtor to a police station. This is to create fear in the debtor to go and pay.

Those guys show me pepper in 2020. Them call my mama for village. Them message my pastor and my younger ones sef. They declared me wanted by efcc ontop 21k. I lost my phone on a journey and couldn't get the app to pay back. I was faithful until then because I was trying to build up to a higher loan about. Chai! After I paid them, I can't touch loan apps with a 40 feet pole. They will take your peace of mind away.

But tell your neighbor to go and pay joor.

Pay what?

After d defamatory court order threat?

Debtor shld not pay shishi!

Let d court com and collect it!

Loan app dey send message say make I take loan day I stand a chance to win iphone 14 and 5000 naira.
I sworn never to borrow from loan apps again.
Dem raise my BP high
With threats messages Daily after time elapses.

Na Jehovah rescued me if not by now e for dey run into thousands of hard naira.

They use actress Omotala smiles to make you request for loan
Then use actress Mercy Johnson smiles to give you the loan
Another day use Samloko ife words to remind you of the loan with days it will elapse.
On the day due for payment they will bring Pete Edouche's authority and parable to remind you that a cockroach does not dance in the midst of 🐓. The great Iroko has spoken 😂
One day late payment they will use Chiwetalu Agu pattern to remind you to pay or face consequences by the ekwensu must have romances mamaiwater for your loan matter 😂
They will later use Ukwa Osofia tricks to start dealing with you by fraudulently increasing your interest rate pay day of late payment. Loan app will sing Agreement is Agreement e yooooo
E do reach for settlement you con dey tell me nonsense Agreeement is Agreement e oooooo. Ukwa movement alone dey burst my bubbles. 😂
Finally they will use Kanayo O. Kanayo to demand for their sacrificial blood money agreement made and the consequences of not paying by reaching out to your families and friends telling them how you are a chronic debtor bro you go panic die find there money pay them if not e go rin into millions for you head and you must pay telling them you have hiv aids bro you gats pay them.

Father Lord thank you for saving me thank you my lord.
GOD BLESS NIGERIA