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Personal loan
Why take a loan if you have no sure means of payment?
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[QUOTE="Finger Geek, post: 207908, member: 27389"] I was discussing an issue that concerns all this apps that are borrowing people money in Nigeria. And I was saying that it is not possible to owe the apps loan and never pay the loan back because I believe they will report the borrower to the bureau which will stop the borrower from taking more loan for not settling his previous loan. But the person I was discussing with said that most of the companies are not registered with the government. But I wonder how they can start that kind of business and will not involved the government and make there business registered. Because most people will collect the loan and never pay back. I have seen some people that take the loans from many apps and says that they will not pay back there loan and having a rest of mind that nothing will happen. But I believe that with time they will find a solution that will help the companies to secure there money. Unlike easy buy that have now found a way to lock any phone that is been bought in installments and has payment due. This will also happen with the loan apps soon. And it will be difficult to take a loan there without paying back. [/QUOTE]
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Why take a loan if you have no sure means of payment?
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