A Nigerian woman has found herself in a dire financial situation after mistakenly borrowing ₦2.5 million instead of ₦2,500 from a popular digital lending platform. This alarming situation was brought to light by a social media user, @Amy_Adabeeke, who shared the story of her aunt’s unfortunate experience with FairMoney Nigeria (@fairmoney_ng).According to the viral post shared on X (formerly Twitter), the woman had intended to take a small loan of just ₦2,500 to cover minor expenses. However, due to a serious error, she was granted ₦2.5 million instead. The situation quickly spiraled out of control when an additional ₦4.6 million in interest was added to the principal amount, leading to a total debt of ₦6.8 million.@Amy_Adabeeke expressed her frustration and panic in her post, writing:"Please @fairmoney_ng, my aunt was only trying to take out a loan of ₦2,500, why did you guys approve a loan of ₦2 million for her? And as if that’s not okay, y’all added an interest of ₦4.6 million extra? She had returned the money. Is there a way her dashboard can be cleared? To actually pay ₦6.8 something million.”
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Nigerian Woman Faces Huge Debt After Mistakenly Borrowing ₦2.5 Million Instead of ₦2,500 from a Loan App
Nigerian Woman Faces Huge Debt After Mistakenly Borrowing ₦2.5 Million Instead of ₦2,500 from a Loan App
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