Expert Review
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Cash 9ja
Let’s take a closer look at Cash 9ja and its operational practices. It’s important to recognize that this loan service is linked to the Sokoloan company, which has gained notoriety for sending defamatory messages to your contacts.
Rather than communicating directly with you about your debt, Cash 9ja often opts to send SMS notifications to your friends and family, implying that you owe them money. Their harassment tactics escalate quickly, with derogatory messages sent via WhatsApp as soon as one day after your repayment deadline.
Typically, Cash 9ja offers repayment plans ranging from 6 to 14 days, which can create significant pressure on borrowers struggling to meet their obligations. Their exorbitant overdue interest rates—between 5% and 7% per day—can exacerbate the situation, leading to a rapid accumulation of debt.
It’s crucial not to give in to their intimidation tactics. Avoid making repayments after they’ve tarnished your reputation, as this only serves to line their pockets further. As unregistered loan apps, they lack any legal standing, and their primary means of coercion revolves around defamation.
Borrowing from other loan apps to pay off Cash 9ja can be a risky move. With several apps available on mobile stores, you might find yourself ensnared in a cycle of debt, ultimately falling back into their clutches.
To protect yourself from their relentless tactics, consider installing Truecaller on your phone. This app can help you identify and block unwanted calls. Additionally, blocking Cash 9ja on WhatsApp and reporting their activities both on the messaging platform and Google Play Store can serve as effective deterrents.
The most effective way to escape the clutches of loan sharks like Cash 9ja is to stop borrowing altogether. By taking control of your financial situation and avoiding further debt, you can secure your financial well-being for the future.
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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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