I took a loan from a loan shark in Kanye in December.
My first instalment was supposed to be in January 2016, but it did not go through as there were insufficient funds.
The manager then decided to come to my workplace to demand the payment.
The embarrassment and humiliation was so much on my side so I told them that I would look for money to pay them.
I also heard that they went to my place to demand payment.
Upon hearing this, I wrote a letter explaining the situation to them and told them that I would pay end of February.
Before the month ended the manager once again showed up and told me that I should pay as they did not get the money.
I was once again embarrassed in front of my students.
So my question is: is it legal for them to come and harass me at work?
Are there no other ways that they can use to demand their payment?
No, they certainly do NOT have the right to harass you like this.
Yes, they’re entitled to chase you for the money you owe them but they still have to do this reasonably.
Humiliating you at youworkplace and in front of your colleagues is not permitted.
I suggest that you speak to NBFIRA, the Non-Bank Financial Institutions Regulatory Authority, regarding this company and see if they can intervene.
They can check that this company is actually registered with them and is operating in accordance with the rules NBFIRA have put in place.
They can also warn the company to behave more properly in future.
You can reach NBFIRA at 3102595 or 3686100.