Interest Rate | 45% |
Duration | 7 days |
Access Level | Public |
Company Name | Speedy Choice |
Phone 1 | |
Phone 2 | |
Website or Store | |
Address | 07035514253 |
Category | Dangerous Loan |
Company Email | Speedychoicelimited@gmail.com |
Views | 1,160 |
Speedy Choice
COMPANY PROFILE
Speedy Choice is a digital loan platform designed for Nigerians in need of financial assistance. With its headquarters in Akute, Ogun State and a branch office in Ojodu Berger, the platform has been in operation since 2018 and is registered under business registration number 1522460.
ABOUT US
Speedy Choice is committed to providing quick and easy loan solutions to help Nigerians meet their financial needs. The platform offers loans ranging from ₦3,000 to ₦150,000, with loan tenure ranging from 1 to 3 months. With the easy loan simulator, customers can compare different loan offers and choose the best deal.
COMPANY SERVICES
Speedy Choice offers a variety of loan products to meet the needs of its customers. They offer unsecured personal loans for individuals, small business loans, and loans for emergency needs. With their quick and easy loan application process, customers can get the financial assistance they need without the stress of a traditional bank loan.
OUR MISSION
Our mission at Speedy Choice is to provide fast and convenient loan solutions to help Nigerians meet their financial needs. We aim to be the go-to platform for those in need of financial assistance, offering affordable loans with flexible repayment options.
OUR VISION
Our vision at Speedy Choice is to revolutionize the loan industry in Nigeria by making it easier for individuals to access the financial assistance they need. We aim to become the leading provider of loan services in Nigeria, providing affordable and convenient loan solutions to everyone.
OUR CORE VALUES
At Speedy Choice, we are guided by a set of core values that drive our business. These values include:
- Excellent Customer Service: We are dedicated to providing outstanding customer service, ensuring that all of our customers have a positive experience with us.
- Cooperative Partner: We work in partnership with our customers, providing them with the support and guidance they need to achieve their financial goals.
- Ease of Use: We strive to make our platform easy to use, so that our customers can access the financial assistance they need quickly and easily.
- Security: We take the security of our customer’s data and information very seriously, ensuring that all of their information is kept safe and secure.
- Instant Loans: We aim to provide our customers with the financial assistance they need instantly, so they can meet their financial obligations as soon as possible.
WHAT WE OFFER
At Speedy Choice, we offer a range of loan services to meet the needs of our customers. These services include:
- Unsecured Personal Loans: We offer unsecured personal loans for individuals, with loan amounts ranging from ₦3,000 to ₦150,000.
- Small Business Loans: We also offer small business loans to help entrepreneurs start and grow their businesses.
- Emergency Loans: For those unexpected emergencies, we offer loans to help our customers get through tough times.
EXCELLENT CUSTOMER SERVICE
At Speedy Choice, we place a high value on excellent customer service. Our customer service team is available to assist customers with any questions or concerns they may have. Whether it’s through phone, email, or chat, we are here to help.
COOPERATIVE PARTNER
At Speedy Choice, we see ourselves as a cooperative partner to our customers, providing them with the support and guidance they need to achieve their financial goals. Whether it’s through loan options or financial advice, we are here to help.
EASE OF USE
At Speedy Choice, we strive to make our platform as easy to use as possible. Our loan application process is simple
Expert Counsel
Let's discuss Speedy Choice and its practices regarding loan repayment. Initially, it's important to note that this service employs various methods to pressure borrowers into repayment. Instead of sending SMS to inform your contacts about your debt, they resort to sending derogatory messages via WhatsApp once your payment is overdue by just one day.
Typically, Speedy Choice offers repayment plans spanning from 6 to 14 days, which can be challenging to meet. Moreover, the interest rates for overdue payments range between 5% to 7% per day, exacerbating the debt burden.
It's crucial to resist the urge to repay them once they resort to defaming you, as this is how they profit. Additionally, being unlicensed loan apps, their only leverage is tarnishing your reputation.
Taking out loans from other apps to repay Speedy Choice is not a viable solution. This action often leads to bankruptcy, as you may unknowingly end up borrowing from them again, escalating your debt.
To mitigate their influence, consider installing Truecaller to identify their calls and block their contacts. However, the most effective solution to escape the grasp of loan sharks like Speedy Choice is to refrain from borrowing altogether.
Lastly, take proactive measures by blocking them on WhatsApp and reporting their activities directly to WhatsApp and the Google Play store. This not only protects you but also helps prevent others from falling victim to their predatory practices.
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Reviews
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I had a terrible experience with this loan app. The interest rates were far too high, and the repayment terms were unreasonable. I would not recommend it to anyone
- 3/11/2023
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This loan app is a scam. They prey on people in financial distress and charge exorbitant fees
- 3/10/2023
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I would caution anyone against using this loan app. The high-interest rates and short repayment period make it nearly impossible to repay the loan
- 3/9/2023
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This loan app is a rip-off. The fees and interest rates are not worth the temporary relief of quick cash
- 2/25/2023
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I regret using this loan app. The high-interest rates and hidden fees left me in a worse financial situation than before
- 2/19/2023
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I used this loan app and was extremely disappointed. The interest rates were far too high, and the repayment terms were unreasonable
- 2/13/2023
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I would not recommend this loan app to anyone. The high fees and interest rates make it almost impossible to repay the loan
- 2/10/2023
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This loan app is a complete waste of time. The customer service is non-existent, and the terms are unfair
- 2/3/2023
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I used this loan app and was disappointed by the high-interest rates and poor customer service
- 1/23/2023
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This loan app is a scam. The interest rates are astronomical, and the repayment terms are unrealistic
- 1/22/2023
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