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Unsecured Loans Borrowed Abroad
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MunyaoTrader
#1 Posted : Tuesday, May 03, 2016 10:07:31 AM
Rank: New-farer


Joined: 6/5/2010
Posts: 30
Location: Nairobi
Greetings,

I want to know what can happen if a person borrows an unsecured loan while residing outside kenya,returns to Kenya and defaults on it.

What are the most likely scenarios to happen in such a case.

Kindly share your thoughts based on your intellect and possible experience.

Thanks.
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Ash Ock
#2 Posted : Tuesday, May 03, 2016 4:16:18 PM
Rank: Member


Joined: 8/27/2010
Posts: 495
Location: Nairobi
Getting an unsecured loan with the intention of not repaying it back?

That is theft.

Sent from my Black Nokia 3310
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alma1
#3 Posted : Tuesday, May 03, 2016 4:44:57 PM
Rank: Elder


Joined: 9/19/2015
Posts: 2,871
Location: hapo
Munyao don't even think of doing something like that huko inje.

They shall follow you to your grave especially if they suspect you have no intention to pay. They have funds set aside for fellas like you. And you end up paying those exorbitant fees by the way.
Thieves are not good people. Tumeelewana?
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Rollout
#4 Posted : Tuesday, May 03, 2016 6:27:05 PM
Rank: Member


Joined: 4/26/2011
Posts: 759
Nothing will happen that's why it's hard to get meaningful unsecured loans in most countries. No one will give you big enough unsecured loan to make you run away with it. If you run away with the small loan, it's too small for them to spend time looking for you. If they involve law enforcement then they'll wait for you to step back into their country or countries they have treaties with then they'll get you!
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Taurrus
#5 Posted : Tuesday, May 03, 2016 9:34:45 PM
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Joined: 8/25/2015
Posts: 839
Location: Kite
Wewe ni kefago!
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MunyaoTrader
#6 Posted : Tuesday, October 24, 2017 4:10:07 AM
Rank: New-farer


Joined: 6/5/2010
Posts: 30
Location: Nairobi
I have been contacted by a debt collection agency based outside Kenya. What options do I have if unable to pay?
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Swenani
#7 Posted : Tuesday, October 24, 2017 7:10:01 AM
Rank: User


Joined: 8/15/2013
Posts: 13,236
Location: Vacuum
MunyaoTrader wrote:
I have been contacted by a debt collection agency based outside Kenya. What options do I have if unable to pay?


You had pre planned this?You're a terrible disgusting human being.

MunyaoTrader wrote:
Greetings,

I want to know what can happen if a person borrows an unsecured loan while residing outside kenya,returns to Kenya and defaults on it.

What are the most likely scenarios to happen in such a case.

Kindly share your thoughts based on your intellect and possible experience.

Thanks.

If Obiero did it, Who Am I?
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Xymalos
#8 Posted : Tuesday, October 24, 2017 7:21:05 AM
Rank: New-farer


Joined: 2/14/2015
Posts: 97
Location: Kenya
MunyaoTrader wrote:
Greetings,

I want to know what can happen if a person borrows an unsecured loan while residing outside kenya,returns to Kenya and defaults on it.

What are the most likely scenarios to happen in such a case.

Kindly share your thoughts based on your intellect and possible experience.

Thanks.


Its unethical to borrow with no intention of paying back. You will live with guilt conscious until you pay the money back. You can run but you can never hide .. so they will come looking for you depending on amount defaulted/stolen.
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Julie
#9 Posted : Tuesday, October 24, 2017 1:26:04 PM
Rank: Member


Joined: 12/2/2006
Posts: 658
Shindwe!
In the league of Paybill contribution solicitors...
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hardwood
#10 Posted : Tuesday, October 24, 2017 8:14:13 PM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
They will come for your cows...
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