MONEY LENDING APPS : Borrowers complain of exploitation and harassment

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With the internet easily accessible on smartphones, innovators have used the opportunity to create applications. Many have invented digital lending apps, giving to clients and not taking any security on the money. There are however claims of exploitation and harassment against the lenders in the process of clearing the loans. NTV’ Sudhir Byaruhanga spoke to some users who said they were stripped of their privacy even after they beat the deadline for clearance. #NTVNews #NTVTonight #NTVWeekendEdition

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I had a friend who borrowed using one of the apps but they reached her work place and threatened to arrest her.
They have access to your location too

jemo
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Solution: Develop a culture of saving and learn to live within your means.

samuelt.kisaame
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Thank you Sudir Byaruhanga. You are the journalist of all seasons

nabbutomajorine
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I got 2Million From them but I never paid them a single coin I wanted to show them am also a developer

Boy
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An example of how the: GAMBINO MAFIA FAMILY in the USA States got so rich. In the 1970s till early 1990s.
This is also one of the advanced MAFIA ways of Money extortion and laundering

iankienzel
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These businesses r for Bafere. It seems these businesses are for big people or they r owned by staff at da regulatory body. There isn't any way this broad day robbery can be allowed in this country.

moseskayanja
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I wish I could add my sad story too about those people 🤨 I hate them totally

safietasha
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My greatest happiness is the $ 28, 000 biweekly profit I get consistently

mavelldenis
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These loan apps should be dismantled
They're too much and stressing
They treat people badly

vickiefx
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I have one too I was told 235000 to pay in four installments as in four months but my dear they kept on putting 107313 in a week for four weeks but I only paid 3 I have refused to pay the 4th coz I will be paying back 428, 000 from 235, 000 a difference of 193, 000 in 28 days they said they will take me to court so am waiting for them coz even interest was not showed as you apply they put amount owed 262, 000 due 21nov so I asked them why they don't show clients interests before they submit

royalkatsic
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They extort.! Mangu cash is the worst. They speak arrogant.. they Call everyone in your phone. It's like they use juju because it's hard to get out of their loans. The rates are higher...mangu cash. Thieves. Iam a victim

nabbutomajorine
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Banange I thought am dieing alone but seems you guys have experience and they even made a watsup group using my contacts and profile pic was me as a loan defaulter

mutawongafaruku
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My advice is never allow any access to these apps in your phone

Theriseshow_semakulajohnbosco
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Who else saw that beautiful lady on an ash color dress

Simeonjr
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Am still wandering how this boda boda conundrum will ever be sorted in Uganda, I mean how did it come to this?sudir watch behind u.

fifiphiona
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Can the police try to follow up the numbers that call us

rutaremwageofrey
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2 days later they will call you a thief ! harassing you!!
And then expect tou you to pay..!?(dove cash)

atwookijr
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Guys am dieing some one help me thes loan apps are on my neck threatening me to pay but am stranded abusing me contacting my phone book contacts all i dont know what to do would pay but apparently am not well and even you pay the small you have still they keep on threatening you guys what should i do help me

RACHEALNamuyomba
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I promised to sue the loan go app if they keep threatening me and I will do it

stellalopezjamea
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Bana uganda also don't kwepimila, they are excited about moniiiieee

shyakaxdeus