Expert Review
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Twaleloan
Twaleloan and its practices, with a focus on your interactions with them. To begin with, it's important to highlight that Twaleloan employs various methods if you owe them money. They may send SMS messages to your contacts, informing them of your debt. Furthermore, if your payment is just one day overdue, they may start sending derogatory messages via WhatsApp to your contacts.
Typically, Twaleloan offers repayment plans ranging from 6 to 14 days, which can prove to be challenging to fulfill. Their overdue interest rates range from 2% to 7% per day, potentially leading to further debt accumulation.
It's essential to understand that repaying Twaleloan once they defame you is not advisable. They primarily aim to extract money through defamation tactics. Since they are unlicensed loan apps, their only recourse is to tarnish your reputation.
Borrowing from another loan app to repay Twaleloan is not a viable solution and may lead to bankruptcy. They operate under various names on mobile app stores, making it difficult to escape their debt cycle.
To manage their communication, consider installing Truecaller on your mobile phone to identify and block their calls. Blocking them on WhatsApp and reporting their actions directly to WhatsApp and Google Play Store can also be effective measures.
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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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