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  Go Cash

  Category: Dangerous Loan

  Interest rate: 40%

  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.

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Step by step guide to break free from loan apps

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What you should know

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  Any loan sharks that defame are never linked to the credit bureau in anyway and all they say to you are lies.

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  Loan shark money cannot help solve anybody matter to better 40% - 70% in 7 days, they are simply misery compounders!! Do away with them.

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  Loan Apps major aim is to make outrageous profit from people and render people bankrupt. Dont be a victim

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