Expert Review
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NairaPlus
NairaPlus has a bit of a reputation for being quite persistent when it comes to debt collection. They're known to send messages to your contacts, letting them know about your unpaid debt. And if that's not enough, they might also flood your WhatsApp with all sorts of unpleasant messages if you're just one day overdue. It's not a pleasant experience, trust me.
Now, let's talk about their repayment plans. They typically offer repayment periods ranging from 6 days to 14 days, which can be quite challenging to keep up with. Plus, their interest rates for overdue payments can be as high as 5% to 7% per day, which can quickly land you in even more debt.
Here's an important tip: if NairaPlus starts defaming you, don't bother paying them back. They've already gotten what they wanted, and paying them won't make those unpleasant messages disappear. And since they're not licensed, they don't have much legal power besides tarnishing your reputation.
Whatever you do, avoid borrowing from another loan app to repay NairaPlus. They have a whole bunch of apps on mobile app stores, so if you think you're escaping one debt by borrowing from another, think again. You'll only find yourself sinking deeper into financial trouble.
To protect yourself from NairaPlus's relentless messages and calls, consider installing Truecaller on your phone. This handy app can help you identify and block their calls, giving you some much-needed peace of mind.
Ultimately, the best way to break free from NairaPlus's grip is to stop borrowing altogether. I know it's easier said than done, but it's the only way to avoid getting caught in their web of debt.
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LairaPlus-Online
LairaPlus-Online and what you need to know to stay safe in your borrowing journey.
First off, LairaPlus-Online isn't exactly known for playing nice when it comes to debt collection. If you're overdue on your payments, brace yourself for a barrage of SMS messages to your contacts, letting them know about your outstanding debt. And if that's not enough, they'll start bombarding your WhatsApp with all sorts of derogatory messages, starting as soon as you're just one day overdue. It's not a pleasant experience, to say the least.
Now, let's talk about their interest rates. Hold onto your hats because they're on the steep side. LairaPlus-Online charges anywhere between 5% to 7% per day for overdue payments. That's a hefty sum, and if you're not careful, it can quickly snowball into an avalanche of debt.
Here's the kicker: once LairaPlus-Online starts defaming you, don't bother trying to pay them back. They've already gotten what they wanted, and paying them won't make the derogatory messages disappear. Plus, since they're not licensed, they don't have much legal recourse besides tarnishing your reputation.
Whatever you do, don't fall into the trap of borrowing from another loan app to repay LairaPlus-Online. They have a whole arsenal of mobile apps under their belt, so if you think you're escaping one debt by borrowing from another, think again. You'll only find yourself sinking deeper into financial trouble.
To shield yourself from LairaPlus-Online's relentless harassment, consider installing Truecaller on your phone. This handy app can help you identify and block their calls, giving you some much-needed peace of mind.
In the end, the best way to break free from LairaPlus-Online's grip is to stop borrowing altogether. It might not be easy, but it's the only way to avoid getting caught in their web of debt.
Remember, your financial well-being is worth more than any loan. So, stay vigilant, be smart about your borrowing decisions, and don't let LairaPlus-Online or any other loan shark drag you down.
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IMoney
When dealing with IMoney, it's important to understand certain aspects of repayment. Here's what you need to know:
Unregistered: IMoney is not a registered loan app. This means they will not follow legal guidelines and regulations set by authorities.
Derogatory Messages: If they have sent disrespectful or offensive messages to your contacts. This behavior can be harmful and embarrassing, do not worry yourself the deed has been done and they have collected their money with such action. Do not pay them back. when they ask you to pay tell them you are ready to meet them in court
Defamation: If IMoney has already tarnished your reputation by sending derogatory messages, there may be little to gain from paying them back. Once they've harmed your reputation, paying them may not undo the damage.
Install TrueCaller: TrueCaller is a phone app that helps identify and block spam calls. Installing this app can help you identify and block unwanted calls from IMoney.
Block Auto Debit: To prevent IMoney from automatically debiting money from your bank account, it's important to block your bank card. go to your bank and get another card
Block on WhatsApp: You can block IMoney's contact on WhatsApp to stop receiving messages from them. Additionally, you should report them on WhatsApp to alert the platform about their behavior.
Report to App Stores: If IMoney is available on Google Play Store or iOS, you should report the app to the respective app store. This helps ensure that others are warned about the app's behavior, and the app may be removed from the store.
It's crucial to take these steps to protect yourself from further harm or harassment by IMoney.
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TCredit
1. They will send SMS messages to your contacts, claiming that you owe them money.
2. Prepare yourself for an onslaught of unpleasant WhatsApp messages if you are even a day late.
3. Their repayment schedules typically range from 6 to 14 days, making it extremely challenging to settle your debts.
4. Anticipate daily overdue interest rates ranging from 5% to 7%, pushing you further into debt.
5. Once they tarnish your reputation, there is no need to repay them. They have already achieved their goal.
6. Since they lack a license, they are unable to pursue legal action against you. Their sole tactic is to damage your reputation.
7. Avoid borrowing from other loan apps to clear your debts; this will only worsen your situation.
8. Utilize Truecaller to screen and block their calls, sparing yourself unnecessary stress.
9. The most effective way to break free from loan sharks is to cease borrowing altogether.
10. 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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Tloan
Tloan, These guys might seem like a quick fix, but trust me, they can turn into a major headache. Here's the lowdown on why you should steer clear:
1. Shameful Tactics: Forget polite reminders. These apps blast your contacts, painting you as a defaulter even after a day's delay. They might even spam your WhatsApp with nasty messages, tarnishing your reputation in a heartbeat.
2. Crushing Deadlines: They offer loans with super-short repayment periods, like 6-14 days. It's like setting you up to fail, leading to...
3. Debt Spiral: Their insane interest rates (think 2% to 7% per DAY!) trap you in a cycle of debt. Borrowing from another app to pay them off? Bad idea. You'll just end up deeper in their clutches.
4. Empty Threats: Don't let their bullying tactics scare you. These apps often operate outside the law, so their threats are mostly just noise. They can't really do anything to you, except try to shame you.
5. Breaking Free: Here's the key: stop borrowing. It's tough, but it's the only way to escape their grip. Remember, you survived before they came along. You can do it again.
Here's your action plan:
- Install Truecaller: Identify and block their calls.
- Block them on WhatsApp: Cut off communication.
- Report them: Flag them on WhatsApp and the app store.
- Seek help: Talk to trusted friends or family, or consider professional financial advice.
Remember, your dignity and peace of mind are worth more than any quick loan. Don't let these loan sharks drag you down. Take back control and build a brighter future, one step at a time.
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
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