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Settle your debts – Loan App exposes 87 borrowers in viral clip, triggers backlash

In a world where financial institutions are focused on recovery, there are no simple solutions. Publicly exposing debtors may create urgency, but it can also provoke resentment and fear, complicating an already delicate situation for both parties involved

Samuel David by Samuel David
January 4, 2025
in News Gist
Reading Time: 2 mins read
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  • A loan company has ignited a storm of outrage and debate across social media with its bold and deeply invasive strategy to recover debts.
  • What the company likely intended as a strong-arm strategy to compel repayment quickly backfired, drawing harsh criticism from the public, legal experts, and consumer rights advocates.

A well-known loan app has ignited a storm of outrage and heated debate after publicly shaming 87 alleged debtors by posting their photos online.

The controversial incident came to light through a series of videos uploaded to a TikTok page ominously titled “Delinquent Loan,” a name seemingly designed to amplify the humiliation.

The app divided the images into three separate videos, each captioned with a terse and pointed message: “Please settle your loans.”

SEE GLIMPSE OF IT IN CLIP BELOW

https://www.withinnigeria.com/gist/wp-content/uploads/sites/7/2025/01/ssstik.io_@delinquentloans_1735902519414.mp4

While the caption may have been a direct appeal to the debtors, it quickly turned into a rallying cry for critics who viewed the move as a shocking overreach. What followed was an avalanche of reactions on social media, with the videos going viral and sparking fierce debate about the ethics of the app’s debt recovery tactics.

The comment sections of these videos became battlegrounds for public opinion. Outraged individuals dragged the loan app for what many described as a deeply invasive and unethical approach to debt collection.

SEE REACTIONS BELOW

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In other news emanating from Warri Port, Ogagbe, a hardworking Nigerian dock worker, found his world forever changed on December 27, just two days after Christmas.

He and his wife, Patience, an Itsekiri woman, became proud parents to quintuplets, a rare and extraordinary blessing that brought equal measures of joy and overwhelming anxiety.

The couple, already grappling with financial challenges, found themselves thrust into a situation that demanded more than they could have ever prepared for.

Speaking with Vanguard, Ogagbe opened up about the whirlwind of emotions he experienced at Shepherd Hospital in Edjeba, Uvwie Local Government Area, where the quintuplets were delivered.

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