What happens if I don’t pay Carbon loan?

Read all about what happens if you don’t pay carbon loan.

Carbon is a credit led digital bank offering modern banking services to Africans, carbon is licensed by the central bank of Nigeria and insured by the Nigeria deposit insurance corporation (NDIC).

Carbon also offers personal and business loans with little or no collateral and a very attractive interest rate.

To get started on Carbon, all you have to do is download the app and register by providing all the required details.

If you want to know what happens if you don’t pay carbon loan on time, then you need to continue reading.

Remember to leave us a comment after you finish reading and also share with your friends on social media.

Let’s get into it then…

Read my post on best loan apps on iphone in Nigeria

About Carbon?

Carbon is a credit led digital bank offering modern banking services to Africans, carbon is licensed by the central bank of Nigeria and insured by the Nigeria deposit insurance corporation (NDIC).

Carbon also offers personal and business loans with little or no collateral and a very attractive interest rate.

What happens if I don’t pay Carbon loan?

We have all heard stories of loan apps harassing customers who fail to pay back their loan by threatening them and spreading false rumors about them to their friends and families in a bid to get them to pay back.

While Carbon does not involve themselves in such shady tactics, they however take some certain steps against you if you fail to pay back your loan.

Failure to repay your Carbon loan on the due date leads to additional charges and fees, which means you will have to pay more than you are supposed to.

Also, failure to pay carbon loan will negatively affect your credit rating/score, which will prevent you from getting loans in the future, either on carbon or other loan apps.

Carbon can also take legal proceedings against you like debt collection and court proceedings.

You should always make sure that you will be able to repay a loan before you take it, to avoid any of the above actions that can be taken against you.

Read my post on how to stop loan app harrasment

Carbon customer care

You can contact Carbon customer care via the following channels:

https://facebook.com/getcarbon

https://twitter.com/get_carbon

https://instagram.com/getcarbon

Conclusion

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