NewStats: 3,261,804 , 8,175,212 topics. Date: Friday, 30 May 2025 at 03:49 PM 611q30

My take may be brash, but it is a genuine risk assessment offered freely. If you had read it with an open mind and clear comprehension, you would have seen that. But I agree with you, we all have different degrees of risk appetite.

However, the point is simple: scaling a business in Nigeria is no child’s play. Let’s assume the business survives for two years, will you be able to withdraw the borrowed amount from the business while it still sustains itself and continues to thrive? Or do you intend to start repayment after 24 months on an installment basis? That would be wild, but with you, nothing is impossible.

So I wish you well.

To set up a Nylon making business, I don’t know the exact cost, but I believe it should be relatively low on an SME scale. You may want to look into that. Ire ooo.

Versitee:


I will definitely borrow from them. Nothing can stop me.

I will pay them back after 2 years. That is what I have decided.

Do you have experience in borrowing from loan app? Experience people don advice you ooo.
Browse about loan.
80% don't come out.
Loan is like eating what you have not work for.
You may never come out.

Ruke1991:

Go ahead, what cannot kill a man makes a man
Get rich quick or die trying
No pain, no glory
Tough times never last but tough people do
Life is a risk
Man can only die once
Cowards die many times before their time

Don't be a coward, borrow that loan. Greatness is inborn. You could be the next Elon musk who debt nearly ruined but ended up becoming the world richest. The grave is full of unused talents. Man must not die without using their talent. Go on and blow

lol

Bros borrow that money and use it for good

If any loan app offer me even more than that
I will take it and I may not pay back on time

Ruke1991:

Go ahead, what cannot kill a man makes a man
Get rich quick or die trying
No pain, no glory
Tough times never last but tough people do
Life is a risk
Man can only die once
Cowards die many times before their time

Don't be a coward, borrow that loan. Greatness is inborn. You could be the next Elon musk who debt nearly ruined but ended up becoming the world richest. The grave is full of unused talents. Man must not die without using their talent. Go on and blow

I can't decipher if this is sarcasm.



You earn my respect either ways.

Fekumzi123:


Do you have experience in borrowing from loan app? Experience people don advice you ooo.
Browse about loan.
80% don't come out.
Loan is like eating what you have not work for.
You may never come out.

How una dey see this loan app sef.

U guys think loan apps are alpha and Omega.

Ok so if u default what happens?

The interest keeps compounding and so what?

After 10 months they will be the ones begging to negotiate how much you can pay.

Versitee:
I qualify for a loan of 500k on one loan app, and another 450k on another loan app.

I have 150k savings too from my teaching job.

All the money put together is 1.1 million, please what can I do with the money. I need a good business idea.

P.s

Go into farming bros.

Cucumber is better.

I know the loan app rate is too high.
I have already made up my mind to default.
I will pay the back in 24 months.
So just give me a business that will be profitable by then.

Antihypocrite:


How una dey see this loan app sef.

U guys think loan apps are alpha and Omega.

Ok so if u default what happens?

The interest keeps compounding and so what?

After 10 months they will be the ones begging to negotiate how much you can pay.

Yes, you can default.
But think about tomorrow.
If you borrow from someone and you didn't pay back, if you go back to that person in future, will the person still give you, No.
Their own is worst, you can never get loan again anywhere. You bvn will be damaged for life.
I don try for you ooo,

Ruke1991:

Go ahead, what cannot kill a man makes a man
Get rich quick or die trying
No pain, no glory
Tough times never last but tough people do
Life is a risk
Man can only die once
Cowards die many times before their time

Don't be a coward, borrow that loan. Greatness is inborn. You could be the next Elon musk who debt nearly ruined but ended up becoming the world richest. The grave is full of unused talents. Man must not die without using their talent. Go on and blow

you be CBEX agent abi, see motivation am moved too wan go collect lapo loan

Versitee:


I will definitely borrow from them. Nothing can stop me.

I will pay them back after 2 years. That is what I have decided.

Please I beg you to avoid borrowing, apart from interest rates, the default interest will be in millions. Don't bother borrowing from them

Fekumzi123:


Yes, you can default.
But think about tomorrow.
If you borrow from someone and you didn't pay back, if you go back to that person in future, will the person still give you, No.
Their own is worst, you can never get loan again anywhere. You bvn will be damaged for life.
I don try for you ooo,

Aje

Na only mumu go take loan app rating seriously.

I dey owe fairmoney, palm pay, ease money etc

But fcmb still dey give me loan.

No talk wetin u no sabi

Versitee:


I know. I already plan to default. I will pay them back in 24 months

You'd be amazed at how you are about to ruin your life. You will never be able to pay back unless you have another source of money.

tobore4u:


What if he chooses not to pay and ignore all their messages?.

Banks have found a way to track credit rating. He may spoil his chances of travelling out of the country in the future with a bad credit rating and commercial banks can now see your debt profile with other banks before issuing you loans.

Ruke1991:

Banks have found a way to track credit rating. He may spoil his chances of travelling out of the country in the future with a bad credit rating and commercial banks can now see your debt profile with other banks before issuing you loans.

ooh..Thank you.

Ruke1991:

Banks have found a way to track credit rating. He may spoil his chances of travelling out of the country in the future with a bad credit rating and commercial banks can now see your debt profile with other banks before issuing you loans.

Big big lies
Big big big lies