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  Secucash

  Category: Mild Loan

  Interest rate: 40%

  1. They may send SMS notifications to your contacts indicating that you owe them money.

   

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

   

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

   

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

   

  5. It's not advisable to repay them if they resort to defaming you. Remember, they've already received their money, and resorting to defamation is their only means of recourse.

   

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

   

  7. Borrowing from another loan app to settle debts with Secucash could worsen your financial situation and lead to serious debt.

   

  8. Consider installing Truecaller on your mobile phone to identify and block calls from Secucash and similar entities.

   

  9. The best solution to break free from loan sharks like Secucash 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, there are other ways to manage without 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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