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Nigerians can now easily get a credit card | Fehintolu Olaogun | CEO Credpal | BHH
1 min read
1 min read
Make sure you ask for details of their interests rates and all the fees to be charged. I borrowed 84k for less than 30 days and ended up paying back about 139k.
I swore I would never use their service again.
How come? Are you saying their interest rate is as high as 40%? Or they charged you on late repayment? I’m not aware of any bank or fintech that charges as high as a 40% interest rate.
Oga or Madam this isn’t true. I’m a customer and I never had this kind of issue with Credpal. I even referred my friends and none of them have complained about this experience. Their interest rate is even low so I’m not sure of how you paid back that kind of amount.
I came to listen to watch this video and saw this comment. I don’t believe what you’re saying. I have been their customer from buy now pay later until now. I have never repaid this kind of money. Did you address this issue with them?
This must be the default charge. It has happened to me before and this is not just with this company. I didn’t quickly pay back because of some personal issues so when I did I was charged extra for failing to pay on time.
So, when you don’t pay back on time, you will be charged for failing on your repayment. I’m very sure that is what happened to you sir.