Legal Question in Credit and Debt Law in Nigeria

Goodday, I gave out loan of 2,000 usd on a certain interest but i am not a licensed lender just private , what Is the possibities of winning a case if there is any default because I just heared the court will not take the case serious and consider me as a lender and that will destroy the case ...pls advice .

Asked on 2/17/16, 3:50 pm

Fca Prashant Chavan Expert Edge LLP

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18.02.2016

Dear Sir / Madam,

In case of default in repayment of the loan with interest, local Police intervention and action is advisable and recommended.

Regards,

Answered on 2/17/16, 9:21 pm

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