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  YesCredit

  Category: Dangerous Loan

  Interest rate: 47%

  Let me fill you in on YesCredit, okay? Here's the scoop: they'll start sending texts to your contacts if you owe them money. And brace yourself for some pretty nasty messages on WhatsApp, starting just one day after your payment's due.

   

  Their repayment plans? Usually, they give you anywhere from 6 to 14 days, but let's be real, they're tough to manage.

   

  Now, about those interest rates... They can range from 1% to a whopping 5% per day! Talk about digging yourself deeper into debt.

   

  Here's the kicker: don't even think about paying them back once they start tarnishing your name. That's when they've already got what they want.

   

  And here's the thing – they're not licensed loan apps. Their only weapon? Spreading rumors about you.

   

  Whatever you do, don't borrow from another loan app to pay them off. You'll just end up in an even bigger financial mess.

   

  Want to dodge their calls? Get Truecaller on your phone, pronto. It'll help you spot their numbers and block them.

   

  Remember, the best way to shake off these Loan Sharks is to stop borrowing altogether. Block them on WhatsApp and report them on WhatsApp and Google Play Store if you need to.

   

  You've got this. Don't let them ruin your reputation.

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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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