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Personal loan
Do you repay interest accumulated with loans?
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[QUOTE="Ayuba Ernest, post: 225376, member: 70169"] One thing I've not tried and not thinking of doing is collecting loan, it can be really frustrating. You get a hiked up interest about times two of the original loan amount. Some loan company keeps disturbing their customers even after years of payment. Another thing I'm afraid of is scamming, most agents working for loan companies can use your details for fraudulent activity. Your account can be tempered with without your consent and permission. What you should do is to avoid lending money from unverified loan apps and platforms. There are a lot of verified loan lending apps in Nigeria which you can chooses from and also see their reviews on Google play store. Back to your question, before lending a loan, an agreement has to be made by you and the person lending you. Interest are meant to be paid and cleared and when cleared, cannot accumulate again. It was something agreed upon so yes, you out to payout the interest rate, but if you've done that already, just let them be and try not to borrow again. Borrowing leads to some kind of setbacks of plans. I'll rather borrow from someone I know than using a so called borrowing app for loans. [/QUOTE]
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Do you repay interest accumulated with loans?
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