EqualCash  - Loan Shark Review
Interest Rate 47%
Duration 7 days
Access Level Public
Company Name Wisdom Financial Services (P) Ltd
Phone 1
Phone 2
Website or Store https://www.equalcash.top
Address unknown
Category Dangerous Loan
Company Email Equalcash@outlook.com
Views 353

EqualCash: 

Interest rates are an important factor to consider when taking out a loan. At EqualCash, we understand this, which is why we offer affordable interest rates that make it easier for individuals and small businesses to access loans in Nigeria. Our goal is to provide safe and reliable online loans to help people achieve their financial goals.

COMPANY PROFILE

EqualCash is a Nigerian fintech company that offers a loan app to help people access quick and affordable loans. Our platform provides users with a seamless experience, allowing them to apply for loans and receive funds within minutes. Our commitment to excellence, security, and ease of use is what sets us apart from our competitors.

ABOUT US

EqualCash was founded with the mission to provide accessible and affordable loans to individuals and small businesses in Nigeria. We believe that financial access is a fundamental right, and we are committed to helping people achieve their financial goals. Our team consists of experienced professionals who are passionate about providing exceptional customer service and building a more inclusive financial ecosystem in Nigeria.

COMPANY SERVICES

EqualCash offers instant loans that can be accessed through our loan app. The app is available on both Android and iOS devices and can be downloaded from the Google Play Store or Apple App Store. With EqualCash, you can borrow between ₦5,000 and ₦500,000 and repay over a period of 2 to 12 months.

OUR MISSION

Our mission at EqualCash is to provide safe and reliable online loans to individuals and small businesses in Nigeria. We believe that everyone should have access to financial services and that loans should be affordable and easy to access. Our mission is to build a more inclusive financial ecosystem in Nigeria by leveraging technology to provide financial access to those who need it most.

OUR VISION

Our vision is to become the leading loan app in Nigeria, providing financial access to millions of individuals and small businesses. We believe that our platform can help unlock the potential of the Nigerian economy by providing people with the resources they need to achieve their goals.

OUR CORE VALUES

Excellent Customer Service

At EqualCash, we believe in providing excellent customer service. We are committed to providing our customers with a seamless and hassle-free experience, from the loan application process to repayment. Our customer service team is available to assist with any questions or concerns.

Cooperative Partner

We believe in working together to achieve success. Our platform is designed to be a cooperative partner for individuals and small businesses in Nigeria. We work closely with our customers to understand their needs and provide customized loan solutions that meet their unique requirements.

Ease of Use

Our loan app is designed to be easy to use. We understand that time is of the essence, which is why our platform is designed to provide a quick and seamless loan application process. Our app is available on both Android and iOS devices and can be downloaded from the Google Play Store or Apple App Store.

Security

We take security seriously at EqualCash. Our platform is designed with multiple layers of security to protect our customers' information and ensure that their data is secure. We use encryption to protect data in transit and at rest, and we comply with all relevant regulations and standards.

Instant Loans

At EqualCash, we understand that time is of the essence. Our platform is designed to provide instant loans to our customers, allowing them to access the funds they need quickly and easily. With our loan app, you can apply for a loan and receive funds within minutes.

Safe and Reliable Online Loan App in Nigeria

EqualCash is a safe and reliable loan app in Nigeria. Our platform is designed to provide financial access to individuals and small businesses, with affordable interest rates and a seamless loan application process. We are committed to providing excellent customer service, and we believe in working together to achieve success.


Expert Counsel

Initially, it's important to note that these platforms may resort to aggressive tactics if you owe them money. Instead of mere reminders, they might send SMS messages to your contacts, indicating that you owe them funds. Furthermore, they may escalate their approach by sending derogatory messages to your WhatsApp contacts, often starting just one day after your payment is due.

 

These platforms typically offer repayment plans ranging from 6 to 14 days, which can pose challenges for many borrowers. What exacerbates the situation is the high overdue interest they impose, ranging from 2% to 7% per day. This can quickly accumulate, pushing borrowers further into debt.

 

It's crucial to recognize that these platforms operate without the necessary licensing. Therefore, their only leverage is to damage your reputation through defamation tactics. It's advised not to succumb to their demands once they resort to such measures, as this only serves to further enrich them.

 

Moreover, borrowing from other loan apps to repay them is not a viable solution. Given the interconnected nature of these apps, attempting to borrow from one to pay off another often results in a vicious cycle of debt accumulation.

 

To mitigate the impact of these platforms, consider installing Truecaller on your mobile device. This tool can help identify incoming calls, allowing you to avoid them and block their contacts. Additionally, if you encounter such practices, it's essential to block them on WhatsApp and report them directly to WhatsApp and Google Play Store.

 

Ultimately, the most effective solution to break free from the clutches of loan sharks like EqualCash is to cease borrowing from them altogether. Remember, you managed before they entered the picture, and with determination, you can find alternative means to sustain yourself. Protect your integrity and financial well-being by avoiding these predatory practices.




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Reviews

  • User loan Review

    I used this loan app and regretted it. The interest rate was incredibly high, and I struggled to make the payments. The customer service was unhelpful, and they didn't care about my situation

    • 2/11/2023
  • User loan Review

    This loan app is a total waste of time. The approval process is slow, and the customer service is unresponsive. I wouldn't recommend this app to anyone

    • 2/4/2023
  • User loan Review

    The loan app's terms and conditions are unclear, and they don't explain the fees and interest rates adequately. I was charged more than I expected, and it left me in a worse financial situation

    • 2/1/2023
  • User loan Review

    I had a terrible experience with this loan app. The approval process was slow, and the customer service was unhelpful. I would not recommend this app to anyon

    • 1/28/2023
  • User loan Review

    This loan app is a ripoff. They charge ridiculous fees and interest rates, and the loan terms are unfavorable. I would never use this app again

    • 1/24/2023
  • User loan Review

    I used this loan app and regretted it immediately. The interest rate was outrageous, and the loan terms were unclear. It was a total waste of my time and money

    • 1/21/2023
  • User loan Review

    The loan app's interface is confusing, and it's difficult to navigate. The customer service is terrible, and they don't help you when you need it most

    • 1/17/2023
  • User loan Review

    I wouldn't recommend this loan app to anyone. The customer service is terrible, and they don't care about their customers' needs. I had a problem with my loan, and they were unresponsive and dismissive

    • 1/14/2023
  • User loan Review

    This loan app is a total scam. They promise fast approval and low interest rates, but in reality, they charge you hidden fees and raise the interest rate without warning

    • 1/10/2023
  • User loan Review

    I used this loan app, and it was a nightmare. The app was slow, and the approval process took forever. When I finally got approved, the interest rate was incredibly high, and I could barely afford the payments

    • 1/7/2023

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