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  Nkash

  Category: Dangerous Loan

  Interest rate: 46%

  1. Prepare for a flood of SMS messages to your contacts, informing them of your debt.
  2. Brace yourself for derogatory WhatsApp messages as soon as you're a day overdue.
  3. Their repayment plans typically range from 6 to 14 days, making it tough to settle your debt.
  4. Be wary of their hefty overdue interest rates, ranging from 5% to 7% per day, pushing you deeper into debt.
  5. Once they tarnish your reputation, there's little point in paying them back—they've already achieved their goal.
  6. Despite their lack of licensing, they can still cause harm by spreading rumors about you.
  7. Avoid the temptation to borrow from other loan apps to repay them; you'll only find yourself in deeper financial trouble.
  8. Use Truecaller to identify and block their calls, saving yourself from unwanted communication.
  9. The only way to break free from the cycle of loan sharks is to stop borrowing altogether.
  10. Take action by blocking them on WhatsApp and reporting them directly to WhatsApp and Google Play Store.

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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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