After 2 Years, Man Owing N80k Redownloads Loan App, Cries Out as His Debt Climbs to N1.4 Million
A Nigerian man is in a dilemma after seeing how much an N80k loan he took two years ago has become .The man redownloaded the loan app after two years and was shocked to find out he now owes N1.4 million .
A lawyer has reacted to the man’s situation and advised him on what he should do as a matter of urgency. Barrister Atanda Olatunji made the man’s outcry public, via his Facebook handle, The People’s Parliament.
According to the man’s story, he redownloaded the loan app and was surprised to find the whopping amount. He begged for a way out. His message read:
“I Re-D0wnloaded my L0an App today and i was surprised with what i saw. “Atanda, L0an of 80k last 2 yrs is now 1.4M, what can i do pls.”
Reacting to the man’s outcry, Barrister Atanda advised him to sort out the loan issue now as it would affect his credit score and deny him many opportunities in the future.
He further advised the debtor to visit the loan company’s office and plead for a fair ground, adding that it is in their hands to determine his fate. [b]”My dear you sort it out now cos it will not stop increasing which will affect your credit score so badly and you will out from many opportunities in future. “[/b]Go to their office and plea for a fair ground and promise that you are about to pay. They will bring it down it down to 50% for you.
That’s the only option and they may also not agree to your plea. It’s their right. They have the power to accept or reject your plea.
The barrister warned that the debt would keep increasing if the debtor did nothing about it. “The more it delay. The more it pile up. One day you will wake up to check and see 10M gbese for you 
. Once it’s cross 3M , the company will file a suit against you. “I hope you are ready for it. You go go court tire and loose your property worth that amount when e reach that stage. Ignorance of the law is no excuse…”
The legal practitioner urged the man to pay up the loan and funnily suggested an alternative. “Pay your Loan. No think say them go cancel am cos you delete the app oooo. The only way out na to travel out comot from this country and start your life in another country. Ehen, you will be free.
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