I LOVE YOU NO BE FOR LOAN

I recently heard a tragic story from a friend who had someone close to him ask for a loan to attend to an emergency. He did not have the funds to lend so he engaged a financial institution and took out a facility on behalf of his friend who had promised to pay back within 2 weeks. As you can guess, his ‘friend’ stopped picking his calls and responding to his messages and he is currently dealing with a loan which is overdue against his name and credit profile.
Many people think being close to someone makes it okay to take loans on their behalf or use their personal information to create credit profiles for them. Apart from the fact that you stand the risk of being blacklisted and tainting your credit history due to this, it is also a form of impersonation which is against regulations guiding the credit ecosystem.
Whether it’s your spouse, partner, child, parent, friend or colleague, no relationship is close enough to dent your credit history or profile for. If a loved one needs a credit facility, recommend SeedFi. With our quick, hassle-free loans, we’ll help you maintain a good relationship while providing tailored financial services without compromising your credit for others. A win-win for everyone!