Expert Review
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Swift naira
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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Plenty Cash - safe & Instant loan
1. Your contacts might receive SMS notifications indicating that you owe money to Plenty Cash.
2. If you're overdue by just one day, you might start receiving derogatory messages via WhatsApp from the loan provider.
3. Repayment plans typically range from 6 to 14 days, which can prove challenging for many borrowers.
4. The interest rates on overdue payments can vary from 2% to 7% per day, potentially increasing your debt significantly.
5. It's advisable not to repay them if they resort to defaming you. Remember, they've already received their money, and defamation is their only means of recourse.
6. Since these loan apps are unlicensed, their only means of enforcement is through defamation.
7. Borrowing from another loan app to settle debts with Plenty Cash could potentially worsen your financial situation and lead to bankruptcy.
8. Installing Truecaller on your mobile phone can help you identify and block calls from Plenty Cash and similar entities.
9. The best solution to break free from loan sharks like Plenty Cash 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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Nairamax (naira max)
- They will send SMS messages to your contacts, claiming that you owe them money.
- Prepare yourself for an onslaught of unpleasant WhatsApp messages if you are even a day late.
- Their repayment schedules typically range from 6 to 14 days, making it extremely challenging to settle your debts.
- Anticipate daily overdue interest rates ranging from 5% to 7%, pushing you further into debt.
- Once they tarnish your reputation, there is no need to repay them. They have already achieved their goal.
- Since they lack a license, they are unable to pursue legal action against you. Their sole tactic is to damage your reputation.
- Avoid borrowing from other loan apps to clear your debts; this will only worsen your situation.
- Utilize Truecaller to screen and block their calls, sparing yourself unnecessary stress.
- The most effective way to break free from loan sharks is to cease borrowing altogether.
- Block them on WhatsApp and report them directly to WhatsApp and Google Play Store to prevent others from falling victim to the same scheme.
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Fine kudi
- They will send SMS to your contacts, claiming that you owe them money.
- Be prepared for a flood of unpleasant WhatsApp messages if you are even a day late.
- Their repayment schedules typically range from 6 to 14 days, making it extremely challenging to settle the debt.
- Anticipate daily overdue interest rates of 5% to 7%, pushing you further into financial hardship.
- Once they tarnish your reputation, there is no point in repaying them. They have already achieved their objective.
- Since they lack a license, they are unable to pursue legal action against you. Their only recourse is to damage your reputation.
- Refrain from borrowing from other loan apps to repay your debts; this will only exacerbate your financial situation.
- Utilize Truecaller to screen and block their calls, sparing yourself unnecessary stress.
- The most effective way to escape from loan sharks is to cease borrowing altogether.
- Block them on WhatsApp and report them directly to WhatsApp and the Google Play Store to prevent others from falling victim to the same scam.
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LifeLine
These apps ain't playing fair:
- They blast embarrassing messages to your contacts if you're even a day late. Imagine your grandma getting spammed about your loan! Yikes!
- Their repayment plans are super short, like 6-14 days, making it tough to catch up. Feels like they're setting you up to fail.
- They charge crazy interest, 2% to 7% per day! That adds up faster than a speeding bullet, sinking you deeper in debt.
Hold up, don't play their game:
- If they start shaming you, don't give in! They already got their money by messing with your reputation. Don't give them more power.
- These apps are like bullies without a license. They can't hurt you legally, their only weapon is embarrassment. Don't let them win!
- Don't even think about borrowing from another app to pay them back. It's a trap! They have tons of apps, so you'll just end up deeper in debt with different faces.
Here's how to fight back:
- Get Truecaller! It helps you ID their calls and block them like nobody's business. Peace out, pests!
- Remember, the best way to escape these loan sharks is to stop borrowing from them in the first place. You got this!
- Block them on WhatsApp and report them directly. Let the platforms know these guys are bad news.
- If you don't borrow from them, you'll find a way to make it work. You were surviving before they came along, right? Don't let them mess with your life and self-respect.
Remember, you're not alone. There are resources available to help you deal with debt and get back on your feet. Don't let these loan sharks bully you. You've got the power to break 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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