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  Deloan

  Category: Dangerous Loan

  Interest rate: 35%

  Important Information for Deloan Users:

  Downloaded the App Outside Play Store?
  If you’ve downloaded the app from outside the Play Store, it’s possible that you've granted them access to your contacts. This happens because contact permission is typically required. In such cases, it’s important to create your own disclaimer to protect yourself. You can generate one here:
  Generate Your Own Disclaimer

  Avoid Loan Scammers
  Before falling victim to loan agents in online groups, be cautious. Many scammers operate within Facebook groups. Learn more about how they operate here:
  Read About Loan App Scammers

  Can Contacts Be Cleared from Loan App Databases?
  It’s a common myth that contacts can be removed from loan app databases once uploaded. Learn the truth about this here:
  Clearing Contacts from Loan Apps

  Ignore Harassing Messages
  If your family or friends have been contacted by loan agents, don’t worry. You don’t owe them anything beyond what’s agreed. Focus on your life and move forward.

  Unlicensed Apps Are Powerless
  Loan apps that engage in defamation are not legitimate. They can’t take legal action against you. Their only tactic is to try to shame you—don’t let it affect you.

  Your Contacts Can’t Help
  Most of your contacts won’t be able to assist you with loan sharks, and they’re likely aware of the shady practices these lenders use.

  Beware of Short-Term Loans
  Loans with 7-day durations and high interest rates often result in threats and defamation. Avoid borrowing from these sources. Stick to licensed lenders if borrowing is necessary.

  Debt Can Lead to Bankruptcy
  Taking loans from these apps can severely damage your finances, possibly pushing you toward bankruptcy. The best way to protect yourself is to stop borrowing entirely.

  Avoid Overdue Interest Demands
  If you’ve already repaid the principal and original interest, don’t feel obligated to pay any additional demands for overdue interest.

  Don’t Get Trapped in a Debt Cycle
  Taking one loan to pay off another can lead to an endless cycle of debt. Many loan sharks operate multiple apps, which will only sink you deeper into trouble.

  Use Truecaller to Block Loan Sharks
  Install Truecaller to identify and block calls from loan sharks. You can also report these apps on WhatsApp and Google Play Store.

  Escape the Loan Shark Trap
  The only real way to break free from loan sharks is to stop borrowing. You survived before they entered your life—don’t let them ruin your reputation or peace of mind.

  Stay Strong and Protect Your Future
  Remember, your health and well-being come first. Don’t let loan sharks jeopardize your future. Focus on maintaining your financial stability.

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What you should know

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  Any loan sharks that defame are never linked to the credit bureau in anyway and all they say to you are lies.

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  Loan shark money cannot help solve anybody matter to better 40% - 70% in 7 days, they are simply misery compounders!! Do away with them.

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  Loan Apps major aim is to make outrageous profit from people and render people bankrupt. Dont be a victim

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