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  PrimePay - Instant Loan APP

  Category: Dangerous Loan

  Interest rate: 40%

  First things first, it's essential to understand some key points about this service. Here's what you need to know:

   

  1. Your contacts might receive SMS notifications claiming that you owe money to PrimePay.

   

  2. If you're just one day overdue, you might start receiving unpleasant messages via WhatsApp from the loan provider.

   

  3. Repayment plans typically range from 6 to 14 days, which can be tough for many borrowers to manage.

   

  4. The interest rates on overdue payments can range from 2% to 7% per day, potentially increasing your debt burden.

   

  5. It's best not to repay them if they resort to defaming you. Remember, they've already received their money, and resorting to defamation is their only way to pressure you.

   

  6. Since these loan apps are unlicensed, their only recourse is through defamation tactics.

   

  7. Borrowing from another loan app to repay PrimePay could worsen your financial situation and lead to serious debt.

   

  8. Installing Truecaller on your mobile phone can help you identify and block calls from PrimePay and similar entities.

   

  9. The most effective solution to escape loan sharks like PrimePay is to stop borrowing altogether.

   

  10. Take proactive steps to block them on WhatsApp and report their activities directly on WhatsApp and Google Play Store.

   

  11. Remember, you have options beyond borrowing from these loan apps. Prioritize your financial well-being and 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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