Expert Review
-
SilkLoan - Quick Cash Loan
They'll shoot off SMS to your contacts, saying you owe them money.
Brace yourself for a barrage of nasty WhatsApp messages if you're just a day late.
Their repayment plans usually last between 6 to 14 days, making it a real struggle to pay up.
Expect overdue interest rates of 5% to 7% per day, pushing you deeper into debt.
Don't bother paying them back once they tarnish your name. They've already got what they wanted.
Since they're not licensed, they can't take legal action against you. Their only weapon is to smear your reputation.
Avoid borrowing from other loan apps to settle your debts; you'll only dig yourself into a deeper hole.
Use Truecaller to screen and block their calls, sparing yourself unnecessary stress.
The best way to break free from loan sharks is to stop borrowing altogether.
Block them on WhatsApp and report them directly to WhatsApp and Google Play Store to protect others from falling into the same trap.
-
Nigeria Loan
Here's the scoop: once you borrow money from them, they start sending SMS to everyone in your contacts saying you owe them money. It's embarrassing and can cause a lot of trouble.
And it doesn't stop there. If you're just one day late on your payment, they flood your WhatsApp with all sorts of rude messages. It's not a pleasant experience, to say the least.
Their repayment plans aren't easy either. They usually give you somewhere between 6 to 14 days to pay back, which can be really tough, especially with their high interest rates.
Speaking of interest rates, if you're late on a payment, they hit you with a pretty hefty interest rate, sometimes as much as 5% per day! It's a recipe for getting deeper into debt.
Now, here's the kicker: they're not even licensed! They can't legally do much to you besides trying to ruin your reputation by spreading lies about you.
Whatever you do, don't make the mistake of borrowing from another loan app to pay them back. It's a cycle that'll leave you broke. Plus, they've got tons of different apps out there, so you might end up borrowing from them again without even realizing it.
Here's a tip: download Truecaller on your phone. It helps you see who's calling so you can avoid their calls and block them from contacting you.
But honestly, the best way to deal with these loan sharks is to stop borrowing from them altogether. Block them on WhatsApp, report them on WhatsApp and Google Play store, and just cut ties with them for good.
Remember, you were doing just fine before they came along. Don't let them ruin your reputation or your peace of mind. It's not worth it.
-
Go Cash
Let's delve into the details about Go Cash and its lending practices. To begin with, it's crucial to understand the potential risks involved. Here are some key points you should consider:
1. Messaging Contacts: Go Cash may resort to sending messages to your contacts, informing them about your outstanding debt.
2. Derogatory Messages: If you're just a day late on repayment, expect to receive unpleasant messages via WhatsApp from Go Cash.
3. Repayment Plans: Typically, Go Cash offers repayment periods ranging from 6 to 14 days. However, these timelines can be challenging to meet.
4. Overdue Interest: The interest rates for late payments with Go Cash can be as high as 2% to 7% per day, potentially leading to a spiral of debt.
5. Defamation Tactics: It's important to note that paying Go Cash after they've defamed you won't necessarily resolve the situation. They often resort to such tactics to secure their payments.
6. Lack of Licensing: Go Cash operates as an unlicensed loan app, limiting their legal recourse. Their primary tool for enforcement is often through defamatory actions.
7. Borrowing from Other Apps: Avoid borrowing from other loan apps to settle Go Cash debts. Doing so may only deepen your financial troubles, as they often have interconnected systems.
8. Truecaller for Caller Identification: Consider using Truecaller on your mobile phone to identify calls from Go Cash and block their contacts to avoid further communication.
9. Stopping Borrowing: Ultimately, the best solution to break free from the grip of loan sharks like Go Cash is to cease borrowing altogether.
10. Blocking Communication: Take proactive measures to block Go Cash on WhatsApp and report their activities directly on WhatsApp and Google Play Store.
11. Regaining Financial Freedom: Remember, you were managing before Go Cash came into the picture. Focus on finding alternative means to sustain yourself and don't let them tarnish your integrity.
-
EasyMoni
SMS and Unpleasant Messages:
- So, here’s the deal: when you borrow money from EasyMoni, they might start sending SMS messages to your contacts, telling them that you owe them money. Not cool, right?
- And on WhatsApp, brace yourself! They’ll bombard you with all sorts of not-so-nice messages, starting from just one day overdue. It’s like a digital storm.
Tricky Repayment Plans:
- Now, about paying them back—it’s not a walk in the park. EasyMoni usually gives you a window of 6 to 14 days to repay. But honestly, it feels like climbing Mount Everest without proper gear.
Interest Rates That Sting:
- Hold on tight! Their overdue interest rates range from 2% to a whopping 7% per day. Imagine that—your debt snowballing faster than a rolling boulder.
Defamation Drama:
- Here’s the twist: don’t rush to pay them back just because they’re spreading rumors about you. Nope! They’ve already pocketed their cash by tarnishing your name.
- These loan apps can’t legally chase you down, but they sure know how to sling mud.
No Borrowing from Sibling Apps:
- Listen up: don’t borrow from another loan app to pay off EasyMoni. It’s like trying to put out a fire with gasoline.
- These apps are like a big family—they’re all connected. If you borrow from one, you’ll end up owing them all!
Truecaller to the Rescue:
- Install Truecaller on your phone—it’s like having a superhero caller ID. You’ll know who’s calling, and you can dodge their calls like a ninja.
- Block their numbers and keep your peace of mind intact.
The Ultimate Escape Plan:
- Ready for the magic trick? Stop borrowing altogether. Yep, that’s the secret to breaking free from these loan sharks.
- Block them on WhatsApp and report their shenanigans directly on WhatsApp and Google Play store.
Your Integrity Matters Most:
- Remember, you were doing just fine before these loan apps barged in. Don’t let them mess with your reputation.
- You’ve got this! 🌟
Step by step guide to break free from loan apps
What you should know
-
Any loan sharks that defame are never linked to the credit bureau in anyway and all they say to you are lies.
-
Loan shark money cannot help solve anybody matter to better 40% - 70% in 7 days, they are simply misery compounders!! Do away with them.
-
Loan Apps major aim is to make outrageous profit from people and render people bankrupt. Dont be a victim
What people are saying
Add a review
Your comment could save a life! Share your experience with loan apps and help others escape the clutches of Loan Shark Apps.
