Let's discuss Carefinance, and here's what you should know:

They'll send SMS to everyone in your contacts claiming you owe them money.

Brace yourself for all sorts of nasty messages on WhatsApp once you're just one day late on repayment.

Typically, they offer repayment plans lasting from 6 to 14 days, but these can be tough to keep up with.

Watch out for their sky-high overdue interest rates, ranging from 1% to 5% per day. It'll only bury you deeper in debt.

Whatever you do, don't rush to pay them back once they start badmouthing you. That's when they make their money.

They're unlicensed loan apps, so their only power lies in tarnishing your reputation.

Avoid borrowing from other loan apps to pay them off; you'll just end up bankrupt. They've got plenty of apps out there, and if you borrow from one, you'll likely end up owing them even more.

Consider using Truecaller on your phone to identify their calls and steer clear of them. Blocking their contacts can also be a good move.

The real solution to break free from these loan sharks is to stop borrowing altogether.

Don't hesitate to block them on WhatsApp and report their shady practices directly to WhatsApp and the Google Play Store.

Remember, the best way to escape from these loan shark apps is to cut ties with them completely. You've managed without them before, and you can do it again. Don't let them tarnish your reputation.

Stay smart and stay safe.