| Interest Rate | 36% |
| Duration | 7 days to 14 days no matter the amount |
| Access Level | Public |
| Company Name | Sokoloan |
| Phone 1 | Fake Phone number |
| Phone 2 | |
| Website or Store | Removed from Playstore and have changed name to return |
| Address | Fake Address |
| Category | Dangerous Loan |
| Company Email | Unknown |
| Views | 575 |
Fastmoney is a member of the Sokoloan Family and one of the leading online loan apps in Nigeria. Our mission is to simplify the lending process and provide fast and reliable financial solutions to our customers. We offer quick and easy loans and bill payments solutions that are safe, secure, and accessible to everyone.
At Fastmoney, we believe that excellent customer service is the key to our success. We are dedicated to providing a cooperative partner that is user-friendly and secure. Our goal is to provide instant loans that are safe and reliable. Our loan app is designed to be easy to use, with a simple and intuitive interface that makes it easy to apply for a loan, manage your account, and make payments.
Our Interest Rate
We offer competitive interest rates that are affordable and accessible to everyone. Our interest rates are transparent and easy to understand. We believe in empowering our customers by providing them with the tools and resources they need to manage their finances effectively.
Company Profile
Fastmoney is a fintech company that specializes in providing instant loans and bill payment solutions in Nigeria. We are a member of the Sokoloan Family, a group of innovative companies that are revolutionizing the lending industry in Nigeria. Our company is built on the principles of excellent customer service, cooperative partnership, ease of use, security, and instant loans.
About Us
At Fastmoney, we understand the challenges that people face when it comes to accessing loans and making payments. We believe that everyone should have access to financial solutions that are safe, reliable, and easy to use. Our company is dedicated to providing fast and convenient lending solutions to our customers. We are committed to making the lending process easy, transparent, and accessible to everyone.
Company Services
We offer a range of financial solutions that are designed to meet the needs of our customers. Our services include quick and easy loans, bill payments, investments, micro-insurance plans, and money transfers. We believe in empowering our customers by providing them with the tools and resources they need to manage their finances effectively.
Our Mission
Our mission is to provide fast and reliable financial solutions that are accessible to everyone. We are committed to simplifying the lending process and making it easy for people to access the financial resources they need. Our goal is to provide excellent customer service, a cooperative partner, ease of use, security, and instant loans that are safe and reliable.
Our Vision
Our vision is to be the leading online loan app in Nigeria, providing innovative and cutting-edge financial solutions that are designed to meet the needs of our customers. We believe in building a strong and sustainable company that is dedicated to providing fast, reliable, and accessible lending solutions to our customers.
Our Core Values
- Our core values are the foundation of our company. We believe in:
- Excellent Customer Service: We believe in providing excellent customer service that is responsive, efficient, and friendly.
- Cooperative Partner: We believe in being a cooperative partner that works closely with our customers to meet their needs.
- Ease of Use: We believe in providing a loan app that is easy to use, with a simple and intuitive interface that makes it easy to apply for a loan, manage your account, and make payments.
- Security: We believe in providing a safe and secure lending platform that protects our customers' personal and financial information.
- Instant Loans: We believe in providing fast and reliable loans that are accessible to everyone.
Safe and Reliable Online Loan App in Nigeria
Fastmoney is the ultimate solution for quick and easy loans and bill payments in Nigeria. Our loan app is safe, reliable, and easy to use. We offer competitive interest rates, excellent customer service, and a cooperative partnership that is designed to meet the needs of our customers. Whether you need a loan
Expert Counsel
Let's discuss Fastmoney, a loan service affiliated with the Sokoloan company. Firstly, it's essential to highlight their aggressive debt collection tactics. Instead of merely notifying you about your debt, they go as far as sending defamatory messages to all your contacts via SMS.
Moreover, Fastmoney is notorious for bombarding your WhatsApp contacts with derogatory messages, starting from just one day after your repayment deadline. Their repayment plans typically range from 6 to 14 days, making it challenging for borrowers to meet their obligations.
Adding to the burden is their exorbitant overdue interest rates, which can soar as high as 5% to 7% per day, plunging borrowers deeper into debt. It's crucial not to succumb to their tactics by repaying them once they tarnish your reputation, as this only serves to fuel their profits.
Given their status as unlicensed loan apps, Fastmoney and similar services lack legal authority. Their primary weapon is defamation. Additionally, attempting to borrow from other loan apps to repay them only exacerbates your financial predicament, as you may inadvertently end up borrowing from them again, perpetuating a vicious cycle of debt.
To shield yourself from their relentless harassment, consider installing Truecaller on your mobile device to identify and block their calls. Furthermore, blocking them on WhatsApp and reporting their activities directly on both WhatsApp and Google Play Store can serve as effective countermeasures.
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Reviews
This loan app is a scam. The interest rates are astronomical, and the repayment terms are unrealistic
- 3/17/2023
I regret using this loan app. The high-interest rates and hidden fees left me in a worse financial situation than before
- 3/8/2023
Run from this app or any under this name, they are thieves
- 2/26/2023
this loan app will defame you at any slightest opportunity till they get their high interest loan back
- 2/24/2023
The loan process was confusing and the app kept crashing. Customer service was no help and I ended up taking out a loan with another company.
- 2/21/2023
the interest is way too much and their customer support is rude, stupid app
- 2/14/2023
I was in desperate need of money and this app seemed like the solution. But after taking a loan, I realized the interest rates were outrageous and I ended up paying back way more than I borrowed.
- 1/3/2023
This loan app is a total rip-off. The interest rates are sky-high and the repayment terms are unfair. I would not recommend this to anyone.
- 12/14/2022
Stay away from this loan app. The interest rates are so high, it feels like they're trying to take advantage of people in need of money.
- 12/7/2022
I regret using this loan app. The interest rates are exorbitant and the repayment terms are unfair. Save yourself the trouble and find a better loan provider.
- 11/28/2022
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