UNILORIN Student takes her life Over N500,000 online loan

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Tragic Suicide of University Student Over Unpaid Loan Sparks Concern.

In a heart-wrenching incident, a 20-year-old student of the University of Ilorin, , has taken her own life, reportedly due to mounting pressure from unpaid loans borrowed from an online loan platform. Hameedat was tragically confirmed dead at the University of Ilorin Teaching Hospital (UITH) on Wednesday.

The young student’s untimely death has sent shockwaves through the community and raised concerns about the challenges of accessing online loans and the pressures faced by borrowers when they are unable to meet repayment deadlines.

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According to sources close to the situation, Hameedat had been grappling with the relentless pressure exerted by loan shark agents after she fell behind on her repayment schedule. The mounting financial burden and incessant harassment from these agents drove her to a point of despair.

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In a tragic turn of events, it was reported that Hameedat consumed a poisonous substance, Sniper, before the porters in her hostel discovered her condition. Swiftly, they called for an ambulance to rush her to the University of Ilorin Teaching Hospital.

The circumstances surrounding Hameedat’s suicide have ignited discussions about the challenges faced by individuals who turn to online loan platforms for financial assistance. Many have questioned the role of these platforms and the ethical practices of some of their agents, who reportedly resort to harassment when borrowers struggle to repay.

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This tragic incident serves as a painful reminder of the importance of providing adequate support and guidance to individuals facing financial difficulties. It also highlights the need for vigilance and regulation in the financial services sector to ensure that borrowers are not subjected to undue pressure and harassment when they encounter financial setbacks.

As the investigation into this heartbreaking case continues, it is a stark reminder of the responsibility that online loan platforms bear in protecting the well-being of their clients and addressing the broader societal issues surrounding mental health and financial struggles.

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