NewStats: 3,263,426 , 8,180,079 topics. Date: Thursday, 05 June 2025 at 08:49 PM 2v6n4k

Nothing actually. A situation where you have zero naira in all your bank s, using your BVN wont even work, they will just be calling your s telling them that you owe them debt, which is not fair on them. They cant even arrest their debtors because "where dem wan see d person arrest"

Lol

I think they now have the licence to withdraw from ANY connected to your bvn.

You'll be black listed and can't receive any more loan from any bank and can't even open anymore.

NB: the loan must be repaid through any where you got the mulla.

Cheers

toniblacman:

It's called 'Branch'

They have flagged your bvn


If you approach a bank they will inform you if you want to borrow

Who have information about a loan company that can give up to 2m without any collateral. O want to go and confirm something in Canada

toniblacman:
Well...sometime in April last year, my man...I took a chikini loan from this app, I used to get loans from the company, for about four occasion, but this last one con get as e be... this money refused to show up when I suppose pay back based on as area just be. Then I started getting notifications on notifications every gaddem days....later notifications turned to threats of being blacklisted my man ..e reach one time na calls dem con dey gimme to know why I never pay up judging by my record with dem. To cut long story short sha after weeks wey man no even see dis tin arrange dem confirm the threats. Now I no go fit say I wan obtain any loan from any company offering similar service unless I pay that money up and dem remove my information from that blacklisted zone. But wetin con surprise me pas be say ... nothing do me.

Guy you want use laugh me with the bold letters.

Neduzze5:


I was using Branch before but after borrowing and paying back 5k for four good times, they still wanted to give me same 5k on my next request despite my timely payments.

I rejected it, called their office and requested them to close my with them. They did so and I moved to Paylater now Carbon.

Ever since then, I've had rest of mind. At least Carbon allows you pay monthly unlike Branch where you have to pay at the end of every week.

Carbon is really an asss saver. No need crawling to some friends with stories to borrow. Now, if anyone requests money, I just send them my link to the app.

1e DC

olasco2035:

Oh boy those people don call me tire....they don't even bother to call again...and nothing do me...I even deleted the app

Guy you funny die, them go still call you las las sha o, e don reach 3 months?

just change your ATM card and absolutely nothing would happen except blacklisting you with credit worthiness agency

pwansunriseteam:
Who have information about a loan company that can give up to 2m without any collateral. O want to go and confirm something in Canada

Renmoney, page

Once you get loan, no matter what ,you must pay back. Failure to pay back, they will frustrate you by calling everyone on your . After that, they will go on social media. After that, they will locate you and arrest you.

And any amount that you make them spend, you will still bear the cost.

So rethink before you take loan.

Quick check or Paylater

Sharp guy

Goan pay ur debt.....onigbese , wicked somebody, dunno why people just greedy and useless like this

Bros, that's not a good idea. From experience it will block your access to large loans when you will needed it most.

UDOKABESTLUV:
Hello, My Fellow Nairalander, What Will happen to the person, if he/she fail to pay Loan he/she borrowed From Loan App Company Because Of One Reason Or The Other.
I Need To Hear From You Guys!

olasco2035:

Oh boy those people don call me tire....they don't even bother to call again...and nothing do me...I even deleted the app

Bro you wicked no b small

Just like me but them call my papa and sister

toniblacman:
Well...sometime in April last year, my man...I took a chikini loan from this app, I used to get loans from the company, for about four occasion, but this last one con get as e be... this money refused to show up when I suppose pay back based on as area just be. Then I started getting notifications on notifications every gaddem days....later notifications turned to threats of being blacklisted my man ..e reach one time na calls dem con dey gimme to know why I never pay up judging by my record with dem. To cut long story short sha after weeks wey man no even see dis tin arrange dem confirm the threats. Now I no go fit say I wan obtain any loan from any company offering similar service unless I pay that money up and dem remove my information from that blacklisted zone. But wetin con surprise me pas be say ... nothing do me.

I collected a loan from gtb which I m paying back monthly from my salary, I want to know,can I still access the loan after paying fully or will it be the same amount or it will be upgraded?

They will all the numbers on your phone book and tell them you are a thief.
2) They will report and submit your name to the credit bureau, that means you can't collect loans and you can't also travel out of d country till you pay your debt........but Las Las nothing go happen

Nothing will happen just go an return people money.theif.

They deduct their money and a heavy penalty fees from your bvn number linked to all your ...anytime you get alert they also get notification

Your bvn will be penned, sooner or later you're going to regret it, because no back will ever give you a loan again.

Nigerians and magomago!! this is how the Op want to abuse an opportunity given to solve emergencies. who do us dis thing? spit!!

If others have not been paying. The company would have foldef up and the service won't even be available for you in the first place .
Later u go blam govt

Nothing I know someone who has borrowed with so many dormant 's with the loan apps yet nothing has happened to him.

Once u with ur bank and collect the money after some time change ur ATM pin nothing would happen to u even when u put money in ur they can't withdraw it.

I am trying to advise financial institutions on how Nigerians beat the system

A good loan app will ensure they use your BVN to get back their money anytime your is credited.

1. Some of them get you to agree to an automatic debit of your at the point of collection.

2. If you fail to credit your , you would be disturbed via phone calls continuously to pay.

3. If that fails, you guarantor or social media good friends will be called to help appeal to you to pay.

4. If that fails, they would write you off as bad debit and report you to credit bureau.

Now if you get to number 4, you would be hurting your future assess to loans with same and other financial institutions, jobs in highly credible organizations like financial institutions and others that do thorough background checks, lose your chances with some visa applications, etc.

Biko dont borrow with the intention of not repaying. Good luck.