A Nigerian woman is facing a huge financial issue after mistakenly borrowing ₦2.5 million instead of ₦2,500, and now she’s being asked to repay ₦6.8 million.
This situation was brought to light by her niece, @Amy_Adabeeke, who posted on social media, explaining that her aunt tried to take out a small loan of ₦2,500 but was given ₦2.5 million by FairMoney, a popular digital lending platform.
To make things worse, an extra ₦4.6 million in interest was added, bringing the total amount owed to ₦6.8 million.
In the post, shared on X (formerly Twitter), the user pleaded with the loan company, saying, “Please @fairmoney_ng, my aunt only wanted ₦2,500. Why did you give her ₦2 million? She’s already returned the money, but her account still shows she owes ₦6.8 million.”
Despite repaying the ₦2.5 million, the interest charges remain, leaving her aunt in a difficult position. The viral post has sparked discussions about errors in loan systems and how customers are protected in the fintech industry.
Peoplesmind