IIFL Loans  - Loan Shark Review
Interest Rate
Duration 7 days
Access Level Public
Company Name IIFL Finance Limited
Phone 1 42
Phone 2
Website or Store https://www.iifl.com/contact-us
Address unknown
Category Dangerous Loan
Company Email reach@indiainfoline.com
Views 346

IIFL Loans: 

Are you in urgent need of cash for personal or business needs, but traditional loan providers are making it difficult for you to get one? If so, IIFL Loans is here to help you out. We are a leading online loan app company in Nigeria that offers instant loans with minimal documentation and hassle-free processing.

Interest Rate

At IIFL Loans, we offer loans at competitive interest rates, ensuring that you don't have to pay more than what is required. Our aim is to provide financial assistance to everyone, regardless of their credit score, without compromising on transparency or ethics.

Company Profile

We are a team of dedicated professionals who understand the importance of financial stability in everyone's life. Our experience in the finance industry has enabled us to provide tailor-made solutions to our clients, fulfilling their financial requirements in a timely and efficient manner.

About Us

IIFL Loans is a leading online loan app company in Nigeria, providing instant loans with minimal documentation and hassle-free processing. We have a user-friendly mobile application that allows our clients to apply for a loan and get approved in minutes. Our aim is to make financing easy for Nigerians, providing them with the financial assistance they need to fulfill their dreams and aspirations.

Company Services

Our services include personal loans, business loans, and educational loans, providing financial assistance to individuals, entrepreneurs, and students. We understand that everyone's financial needs are different, and therefore we offer a variety of loan options to cater to their requirements.

Our Mission

Our mission is to provide instant loans to Nigerians without compromising on transparency or ethics. We aim to simplify the loan application process, making it easy for our clients to apply for a loan and get approved in minutes.

Our Vision

Our vision is to become the most trusted online loan app company in Nigeria, providing instant loans to everyone in need, regardless of their credit score. We aim to create a financially stable environment, enabling people to fulfill their dreams and aspirations without worrying about finances.

Our Core Values

At IIFL Loans, our core values revolve around customer satisfaction, cooperation, ease of use, and security. We strive to provide excellent customer service to our clients, ensuring that they have a hassle-free loan application process. We also believe in being a cooperative partner, working closely with our clients to fulfill their financial requirements.

Ease of use is another core value that we uphold, ensuring that our loan application process is user-friendly and simple. We also prioritize security, ensuring that all our clients' personal and financial information is safe and secure.

Instant Loans

We understand the urgency of financial needs and therefore provide instant loans with minimal documentation and hassle-free processing. Our mobile application allows our clients to apply for a loan and get approved in minutes, making it easy for them to get the financial assistance they need.

Safe and Reliable Online Loan App in Nigeria

IIFL Loans is a safe and reliable online loan app in Nigeria, providing instant loans to everyone in need. Our mobile application is user-friendly and simple, making it easy for our clients to apply for a loan and get approved in minutes.

GotCash - Personal Loan in Nigeria

If you're looking for a personal loan in Nigeria, GotCash Tech's personal loan app is an excellent option. With more than 50 thousand installs, GotCash - Personal Loan in Nigeria has a rating of 4.5 and is listed under the Tools7 category on Google Play.

The current version, 1.2.0.1, was released on 23/06/2021, and the app provides personal loans that can come in handy when there are any country or device restrictions on the Google App Store.

In Conclusion

IIFL Loans is your reliable partner for instant loans in Nigeria


Expert Counsel

Firstly, it's crucial to understand that this platform may resort to aggressive tactics if you owe them money. Instead of simple 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.

 

Typically, IIFL Loans offers repayment plans ranging from 6 to 14 days, which can be challenging for many borrowers. What worsens the situation is the high overdue interest they impose, ranging from 2% to 7% per day. This can quickly accumulate, leading to more debt.

 

It's essential to note that once they resort to defamatory tactics, it's best not to comply with their demands. Their main leverage, being unlicensed loan apps, lies in damaging your reputation.

 

Moreover, borrowing from another loan app to repay IIFL Loans is not advisable. Given the interconnected nature of these apps, attempting to borrow from one to pay off another often results in deeper financial troubles.

 

To protect yourself, consider installing Truecaller on your mobile device to identify and block their calls. Additionally, if you encounter such practices, 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 IIFL Loans is to stop borrowing from them altogether. Remember, you managed before they entered the picture, and with determination, you can find alternative means to sustain yourself. Guard your integrity and financial well-being by avoiding these predatory practices.




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Reviews

  • User loan Review

    This loan app is a rip-off. Their interest rates are predatory, and they trap people in debt

    • 3/8/2023
  • User loan Review

    The loan app was confusing and difficult to use. I ended up with a much larger debt than I intended to have

    • 3/5/2023
  • User loan Review

    I had a bad experience with this loan app. They approved my loan, but then changed the terms without notifying me

    • 2/28/2023
  • User loan Review

    The loan app's customer service was terrible. I couldn't get a hold of them when I needed to, and when I finally did, they were unhelpful

    • 2/23/2023
  • User loan Review

    I had a terrible experience with this loan app. Their approval process was lengthy, and the loan terms were not transparent

    • 2/21/2023
  • User loan Review

    The loan app had a glitch, which caused me to lose my loan application data. Their customer service was terrible, and I was unable to resolve the issue

    • 2/19/2023
  • User loan Review

    This loan app is a scam. They charge hidden fees and penalties, making it impossible to pay back the loan on time.

    • 2/16/2023
  • User loan Review

    I would not recommend this loan app to anyone. The loan process was slow and cumbersome, and the interest rates were outrageous

    • 2/13/2023
  • User loan Review

    "I regret using this loan app. The terms were confusing, and I ended up with a much larger debt than I expected

    • 2/10/2023
  • User loan Review

    I had a terrible experience with this loan app. The interest rate was sky-high, and the customer service was non-existent

    • 2/7/2023

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