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  EasyNaira-Personal Cash Loans

  Category: Dangerous Loan

  Interest rate: 45%

  1. Your contacts might receive SMS notifications about your outstanding debt with EasyNaira-Personal Cash Loans.

   

  2. Starting from just one day overdue, you could receive derogatory messages via WhatsApp from the loan provider.

   

  3. Repayment plans typically span from 6 to 14 days, making it challenging for many borrowers to meet the deadlines.

   

  4. The interest rates on overdue payments range from 2% to 7% per day, leading to a cycle of increasing debt.

   

  5. Refraining from repayment won't necessarily deter EasyNaira-Personal Cash Loans; they might resort to defamatory tactics to coerce payment.

   

  6. It's important to note that these loan apps lack proper licensing, limiting their recourse to defamatory actions as their primary means of enforcement.

   

  7. Borrowing from another loan app to settle debts with EasyNaira-Personal Cash Loans could exacerbate financial troubles, potentially leading to bankruptcy.

   

  8. Consider installing Truecaller on your mobile phone to identify and block calls from EasyNaira-Personal Cash Loans and similar entities.

   

  9. The ultimate solution to break free from the grip of loan sharks like EasyNaira-Personal Cash Loans is to cease borrowing altogether.

   

  10. Take proactive steps to block them on WhatsApp and report their activities directly on WhatsApp and Google Play Store.

   

  11. Remember, your integrity and financial well-being are paramount. Don't let loan providers damage your reputation.

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  Flexicash palmpay

  Category: Dangerous Loan

  Interest rate: 35%

  We will review the apps within the next 48 hours and provide detailed information and also do our background checks

  10 Commandments for Dealing with Loan Sharks

  
  

  1. Ignore Harassing Messages: If loan sharks have already contacted your friends or family, don't worry. You don't owe them anything more. Move forward and focus on your life.

  
  

  2. Unlicensed Apps Are Helpless: Loan apps resorting to defamation aren't legitimate. They can't legally harm you. Their only tool is to shame you.

  
  

  3 Your Contacts Can't Save You: Most of your contacts won't be able to assist you, and they're likely aware of the shady tactics loan sharks use.

  
  

  4 Beware of Short-Term Loans: Loans with short durations and high interest rates often lead to threats and defamation. Avoid loan sharks. If you must borrow, choose licensed lenders.

  
  

  5 Debt Leads to Bankruptcy: Borrowing from these apps can wreck your finances and push you towards bankruptcy. The best solution is to stop borrowing altogether.

  
  

  6 Avoid Overdue Interest: If you've already paid back the principal and initial interest, ignore any demands for overdue interest.

  
  

  7 Don't Cycle Debts: Taking a loan to pay off another leads to a cycle of debt. Loan sharks have multiple apps, and you'll end up deeper in trouble

  
  

  8 Use Truecaller to Block: Install Truecaller on your phone to identify loan shark calls and block them. Also, report them on WhatsApp and Google Play Store.

  
  

  9 Break Free from Loan Sharks: The only way to escape loan sharks is to stop borrowing from them. You survived before they came into your life. Don't let them tarnish your reputation.

  
  

  10 Stay strong, and prioritize your financial well-being: Remember, health is wealth. Do not allow loan sharks to jeopardize your future!.

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  Okash

  Category: Mild Loan

  Interest rate: 32%

  1. Okash is a legit and authorized loan app, so you're in safe hands.
  2. They won't tarnish your reputation or spread rumors about you.
  3. If you default on your payments, they'll take the necessary steps and report the matter to the appropriate authorities.
  4. While their overdue interest rates are fair, you have the option to skip paying them back once you've settled the principal and initial interest.
  5. Avoid borrowing from other loan apps to settle your debt with Okash. Instead, pay them back when you have the funds available. You can even stretch out your payments over several months, just make sure to honor your commitment.
  6. Consider installing Truecaller on your phone to identify and block their calls if you'd rather not engage with them.

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