Home Naija Gist Woman mistakenly borrows N2.5m instead of N2,500, faces N6.8m debt

Woman mistakenly borrows N2.5m instead of N2,500, faces N6.8m debt

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Woman mistakenly borrows ₦2.5m instead of ₦2,500, faces ₦6.8m debt due to interest

A Nigerian woman is struggling with a massive debt after accidentally borrowing N2.5m from FairMoney Nigeria, instead of the intended N2,500. The loan, with interest, now totals N6.8m

The situation was shared on social media by a concerned relative, @Amy_Adabeeke, who revealed that although the woman returned the ₦2.5 million, her dashboard still shows a debt of ₦6.8 million due to interest charges.

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Woman mistakenly borrows ₦2.5m instead of ₦2,500, faces ₦6.8m debt due to interest
Woman mistakenly borrows ₦2.5m instead of ₦2,500, faces ₦6.8m debt due to interest
Woman mistakenly borrows ₦2.5m instead of ₦2,500, faces ₦6.8m debt due to interest
Woman mistakenly borrows ₦2.5m instead of ₦2,500, faces ₦6.8m debt due to interest

The incident has sparked outrage online, with many users calling for FairMoney to address the issue and review their loan approval and interest policies to protect borrowers.

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