A popular loan app has taken a drastic measure to collect debts from its defaulting customers. The app posted photos of 87 debtors online, serving as a public reminder to settle their loans promptly. The photos were uploaded across three separate videos, with a straightforward caption: “Please settle your loans.”
This move has raised concerns about the invasion of privacy and the potential consequences for those whose photos have been shared online. The federal government has been taking steps to regulate online loan companies, citing breaches of Nigeria’s data laws and other damages.
See some reactions below:
David sands: “So if they give you back your money how do you give them back there reputation.”
damola: “shey na true say I cany travel out if am owing palmpay.”
Tiwabutnotsavage: “If dem do Fair money own my pics go Dey there allah Walai 😂😂😂.”
👻👑FaVōuR💰™️: “Actually if we have a functioning government this people should be sue for defamation.”
🌸Jenniferkira💙🎀: “FairMoney pls make I no see my picture here o😂😂😂.”
smiles ebony: “There’s something all these people dont understand, after you default on any loan, you eill be reported to credit bureau and this will affect anyone.”
Kirhana Vesurang Josephine: “Make FairMoney and Easemoni no see this update oo, na my picture go be their first template 😂😂.”
Abby🖤: “Crazy how immediately i dropped a call with fairmoney and opened tiktok this was the first video i saw😭😭😭😂.”
CiCi: “na 3k I borrow from palmpay I say make I pay back he don turn 30k not up to a month oo naso I give up.”
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