Loan shark responds to woman’s N2.5m loan instead of N2500, to pay N6.8m

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Loan shark responds to woman’s N2.5m loan instead of N2500, to pay N6.8m …C0NTINUE READING HERE >>>

A loan shark responds following an error involving a woman who was granted a loan of N2.5m instead of N2500 and was slammed with a repayment sum of N6.8m.

FairMoney Nigeria (@fairmoney_ng), a leading digital lending platform, has responded to a viral post in which a user alleged that their aunt mistakenly received a ₦2.5 million loan instead of the intended ₦2,500, alongside an added interest of ₦4.6 million.

The platform, in its official response, suggested that the error may have been caused by the aunt selecting the wrong loan amount during the application process.

In a public…

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