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  Okash

  Category: Mild Loan

  Interest rate: 32%

  1. Okash is a legit and authorized loan app, so you're in safe hands.
  2. They won't tarnish your reputation or spread rumors about you.
  3. If you default on your payments, they'll take the necessary steps and report the matter to the appropriate authorities.
  4. While their overdue interest rates are fair, you have the option to skip paying them back once you've settled the principal and initial interest.
  5. Avoid borrowing from other loan apps to settle your debt with Okash. Instead, pay them back when you have the funds available. You can even stretch out your payments over several months, just make sure to honor your commitment.
  6. Consider installing Truecaller on your phone to identify and block their calls if you'd rather not engage with them.
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  Interest rate: %
• Category:

  Interest rate: %
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  Steady Kash

  Category: Dangerous Loan

  Interest rate: 40%

  Prepare for an onslaught of SMS messages sent to your contacts, claiming you owe money.

  Be prepared for a flood of aggressive WhatsApp messages if you're even a day late.

  Their repayment periods usually range from 6 to 14 days, making it extremely difficult to settle the debt.

  Expect exorbitant daily interest rates of 5% to 7%, pushing you further into financial trouble.

  Once they tarnish your reputation, there's no point in repaying them. They've achieved their goal.

  Since they lack proper licensing, they cannot pursue legal action against you. Their only recourse is to damage your reputation.

  Avoid borrowing from other loan apps to repay these debts; it will only exacerbate the situation.

  Utilize Truecaller to filter and block their calls, sparing yourself unnecessary stress.

  The most effective way to escape loan sharks is to refrain from borrowing altogether.

  Block them on WhatsApp and file reports directly with WhatsApp and the Google Play Store to prevent others from falling victim to the same scheme.

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Step by step guide to break free from loan apps

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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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