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Personal loan
My experience with a capitalistic credit agency.
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[QUOTE="Etini, post: 279278, member: 90141"] This is my real-life experience with a loan company. I was in urgent need of about 20,000NGN to meet up with urgent business needs. That's about $40. I went to a loan company and demanded a loan. They asked for what I have as collateral. I said I would drop my HP laptop as collateral. They accessed my 2 monthly old PC and said that the highest amount they can give me with that collateral is 10,000 NGN. That's about $20. After much back and forth, I agreed and took the amount they offered. They told me the interest is 20% and that after one month, I shouldn't come for the laptop again. A day before the due date, I went with the capital and the interest to pay and ge [/QUOTE]
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My experience with a capitalistic credit agency.
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