A popular loan app has stirred controversy after sharing photos of 87 debtors on social media, urging them to repay their loans.
The incident came to light through a series of videos uploaded on TikTok. The app posted the pictures across three separate videos, each captioned: “Please settle your loans,” as a public reminder to the borrowers.
The videos quickly gained attention, prompting a wave of reactions in the comment section. While some criticized the app’s approach as unethical and defamatory, others made light of the situation.
Reactions from Social Media:
David Sands: “So if they give you back your money, how do you give them back their reputation?”
Damola: “Shey na true say I can’t travel out if I’m owing PalmPay?”
Tiwabutnotsavage: “If dem do FairMoney own, my pics go dey there Allah Walai .”
FaVōuR™️: “Actually, if we had a functioning government, these people should be sued for defamation.”
JenniferKira: “FairMoney, please make I no see my picture here o .”
Smiles Ebony: “There’s something all these people don’t understand. After you default on any loan, you’ll be reported to the credit bureau, and this will affect you.”
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; e don turn 30k in less than a month. Naso I give up.”
Sandra Laryea: “I was waiting to see if I’d see myself in it 藍藍藍藍藍.”
Zerlin-Rose: “Lord, please bless these people financially in Jesus’ name.”
EmmaBest: “Most of these persons are not aware of this loan. Suddenly, they received a call asking them to pay back the money they borrowed.”
While the loan app’s action has sparked debate about ethical practices in debt collection, it has also highlighted issues like misinformation, credit policies, and financial literacy.
Watch the video below for more details.