How Loan Apps Affect Your Credit Score (Easecash )


Expert Review


  • Easecash
    Easecash
    Category: Dangerous Loan
    Interest rate: 35%

    Things to Know About EaseCash Loan App Practices

    1. Unwanted Contact with Your Network: EaseCash may send SMS messages to your contacts, claiming that you owe them money.
    2. WhatsApp Harassment: If you are even one day late with repayment, expect unpleasant and frequent WhatsApp messages.
    3. Short Repayment Periods: Their repayment schedules often range between 6 to 14 days, which can make it difficult to meet deadlines and pay off your loan.
    4. High Overdue Interest Rates: Be prepared for daily overdue interest rates between 5% and 7%, which can quickly add up and increase your debt burden.
    5. Reputation Damage: Once your reputation is damaged through their messages, they consider their goal achieved, so repaying the loan may feel secondary.
    6. No Legal Authority: Since they operate without a license, EaseCash cannot take legal action against you. Their primary method is to damage your reputation instead.
    7. Avoid Borrowing from Other Apps: Taking loans from other apps to clear your debt will only worsen your financial situation.
    8. Use Truecaller for Protection: Install Truecaller to block and screen their calls, reducing the stress caused by constant communication.
    9. Stop Borrowing: The most effective way to escape loan sharks is to stop borrowing and avoid falling into further debt.
    10. Report and Block: Block them on WhatsApp, and report their activities to WhatsApp and the Google Play Store to help protect others from similar experiences.

    Make informed decisions and be cautious with loan services like EaseCash to avoid unnecessary stress and financial hardship.



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What you should know

  • Loan Shark Review Agent

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

  • Loan Shark Review Agent

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

  • Loan Shark Review Agent

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

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