Expert Review
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Swiftnaira
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.
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PrimePay
Do They Defame?
If you download the app from the Play Store, they do not have access to your contacts, so they cannot defame you. However, if you download it from external sources like WhatsApp or through a link, be assured that they will defame you. They may even go as far as contacting you on social media. Never download loan apps outside of the Play Store or Apple Store.Overdue Fees
You can be charged between 2% to 10% daily on overdue interest. Never pay for overdue interest; only pay back the principal amount if you must. Once they defame you, do not pay again.Block Annoying Calls (But Maybe Don't)
If their reminders feel like harassment, use Truecaller to block their numbers. However, blocking them completely might prevent you from finding potential repayment solutions.Say No to the Debt Spiral
This is crucial! Only use Pitch Capital Credit if you're 100% sure you can repay on time. Borrowing from another app to pay them is a recipe for disaster!Use Truecaller
You can use Truecaller to identify and block their calls if needed. But remember, clear communication is often better than shutting them out completely.Your Options Are Wide Open
Don't feel pressured to borrow if you're not comfortable. Explore other solutions like budgeting, finding extra income, or seeking financial advice before jumping into any loan, even one with "secure savings" in the name.Your Well-Being is Top Priority
Remember, your financial peace of mind and good credit score are crucial. Use Pitch Capital Credit responsibly and only if you understand their terms, interest rates, and repayment options. It's always best to borrow what you can truly afford to pay back.In the end, there's no magic app for instant wealth. Be cautious, make informed decisions, and remember, you have options beyond loan apps!
Stop borrowing from loan apps. -
Snappycredit-momogo
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.
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CranCash
dodgy loan apps. Let's call them what they are - loan sharks hiding behind fancy apps. These guys play dirty, and you need to know how to dodge their traps.
Here's the lowdown:
1. Shame Game: These loan sharks don't just come after you, they go after your loved ones too! They might blast your contacts with messages saying you owe them money, trying to embarrass you into paying. Nasty, right?
2. Debt Trap: Forget fair repayment plans. They offer short deadlines (like 6-14 days!), impossible to meet, then hit you with sky-high daily interest (2-7%!). This just digs you deeper into debt.
3. Don't Feed the Beast: If they start shaming you, don't cave in and pay. Remember, they already got their money by damaging your reputation. Don't let them win twice!
4. Empty Threats: These apps operate illegally, so they have no real power over you. Their only weapon is public shaming. Don't be scared!
5. Double Trouble: Avoid the temptation to borrow from another loan app to pay them off. It's a slippery slope leading to a debt avalanche. Trust me, they have many apps hiding, so you might end up paying them anyway.
6. Information is Power: Fight back! Install Truecaller to identify their calls and block their numbers. Report them directly to WhatsApp and Google Play Store. Make some noise!
7. Break Free: The real key to escaping these loan sharks is simple: STOP BORROWING! You survived before them, you'll survive without them. Don't let them control your life or damage your self-respect.
8. Silence the Noise: Block them on WhatsApp and report them. Remember, they thrive on fear. Don't give them that power!
9. You Got This: You can break free from these loan sharks. Just stop borrowing and focus on finding other ways to get by. They may be loud, but you are stronger. Don't let them win!
Remember, your integrity is priceless. Don't let these loan sharks mess with it. Be smart, be informed, and most importantly, be free!
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
What people are saying
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