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How loan apps are tarnishing defaulters' image in Nigeria.
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[QUOTE="Bookwormlux, post: 119090, member: 25193"] In Nigeria, there are some loan applications on Google play store that offer to give out loans to interested persons with the hope that they repay after a short while. It is observed that most of these applications charge a very high interest rate and they do not require any collateral before you are eligible to apply for the loan. Even though the process of getting the loan is very easy, the consequences are usually not easy to bear. Before you are allowed to take the loans, some of these apps would require access to your phone contact list. Whenever you refuse to repay or you delay in paying back the money, they begin sending messages to your contacts telling them that you are a scammer who has run away with their company money. In these text messages they send, they reveal your full name and sometimes they say defaming things about your family as a whole. What do you think about this? Can someone sue them for tarnishing his image? [/QUOTE]
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How loan apps are tarnishing defaulters' image in Nigeria.
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