Expert Review
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Borrow Money: Instant Loan App
1. They'll start sending texts to your contacts if you owe them money. Not cool, right?
2. Brace yourself for all sorts of nasty messages on WhatsApp if you're even a day late with your payment. It can get pretty unpleasant.
3. Their repayment plans typically range from 6 to 14 days, which can be a real challenge to keep up with. It's like a race against time.
4. Watch out for their sky-high overdue interest rates, ranging from 1% to a whopping 5% per day. That's a fast track to more debt if you're not careful.
5. Here's the kicker: once they start bad-mouthing you, don't rush to pay them back. They've already got what they wanted once they start spreading rumors.
6. They may not be licensed loan apps, but their go-to move is defamation. It's their only weapon, really.
7. Whatever you do, don't borrow from another loan app to pay them off. It's a slippery slope to financial ruin. And they've got plenty of apps out there waiting to reel you in.
8. Want to dodge their calls? Consider installing Truecaller on your phone. It can help you screen their calls and keep them at bay.
9. The only real way to break free from these loan sharks? Stop borrowing from them altogether. It's tough, but it's the only way to safeguard your financial integrity.
10. Don't hesitate to block them on WhatsApp and report them directly to WhatsApp and Google Play store. It's time to take a stand against these predatory lenders.
Remember, you were doing just fine before they came along. Don't let them ruin your financial health or your reputation. Stay strong!
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Ivy credit
We will review the apps within the next 48 hours and provide detailed information and also do our background checks10 Commandments for Dealing with Loan Sharks
1. Ignore Harassing Messages: If loan sharks have already contacted your friends or family, don't worry. You don't owe them anything more. Move forward and focus on your life.
2. Unlicensed Apps Are Helpless: Loan apps resorting to defamation aren't legitimate. They can't legally harm you. Their only tool is to shame you.
3 Your Contacts Can't Save You: Most of your contacts won't be able to assist you, and they're likely aware of the shady tactics loan sharks use.
4 Beware of Short-Term Loans: Loans with short durations and high interest rates often lead to threats and defamation. Avoid loan sharks. If you must borrow, choose licensed lenders.
5 Debt Leads to Bankruptcy: Borrowing from these apps can wreck your finances and push you towards bankruptcy. The best solution is to stop borrowing altogether.
6 Avoid Overdue Interest: If you've already paid back the principal and initial interest, ignore any demands for overdue interest.
7 Don't Cycle Debts: Taking a loan to pay off another leads to a cycle of debt. Loan sharks have multiple apps, and you'll end up deeper in trouble
8 Use Truecaller to Block: Install Truecaller on your phone to identify loan shark calls and block them. Also, report them on WhatsApp and Google Play Store.
9 Break Free from Loan Sharks: The only way to escape loan sharks is to stop borrowing from them. You survived before they came into your life. Don't let them tarnish your reputation.
10 Stay strong, and prioritize your financial well-being: Remember, health is wealth. Do not allow loan sharks to jeopardize your future!.
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Lendsafe
Lendsafe is a notorious loan app scammers. asking if Loan apps defame is not relevant, your goal is to know how they operate
Go through the link below
Check this, How to know if Loan Apps will Defame you or not https://loansharkreview.com/TrainingDetails/5
To check for iPhone Kindly check you privacy and settings if the contact permission is either Full, Private, or None
Also, what you need to know about clearing your Contacts from Loan app Databases is it true or not?
https://loansharkreview.com/TrainingDetails/14
How how loan app agents are scamming people on Facebook groups
https://loansharkreview.com/TrainingDetails/6
To handle any loan apps
- If you download any loan apps OUTDISE Play Store or App Store Generate your own Disclaimer to counter Loan apps and send it to all your contacts. get a sample here https://loansharkreview.com/GenerateDisclaimer
- Put ALL your social media accounts to private
- Install Truecaller and block all spam calls and related spam calls. If it is not working effectively, upgrade to premium version
- Start the fight by giving them wotowoto they will flee from you. Give loan app agents a taste of their own medicine https://www.youtube.com/watch?v=m8RSJsLbWpM
- Report Loan Apps to the Nigeria Police Force National Cybercrime Center https://www.youtube.com/watch?v=Nj1VPsXape8
You'll be free in under 1 week
Step by step guide to break free from loan apps
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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