Expert Review
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PALMPAY FLEXI CASH
Here’s what you need to be aware of:
Broadcasting Your Debt: They won't hesitate to notify your contacts via SMS, alerting them about your debt.
Harassment on WhatsApp: Be prepared for a barrage of harsh messages if you're even a day late on repayment.
Tight Repayment Window: Their repayment periods are typically short, ranging from just 6 to 14 days, making it difficult to meet deadlines.
High Interest on Overdue Payments: Their overdue interest rates can escalate fast, anywhere from 1% to 5% per day, which can quickly sink you deeper into debt.
Reputation Over Debt: Once they start defaming you, paying them back won’t fix your reputation. They've already achieved their goal by tarnishing your name.
Unlicensed and Defamatory Tactics: Despite not having proper licensing, their primary strategy is defamation — a cheap shot to force repayment.
Don't Borrow from Other Loan Apps: Avoid the trap of borrowing from another loan app to pay them back. This will only lead you into a vicious cycle of debt.
Block Their Calls: Use apps like Truecaller to identify their numbers and block their relentless calls.
Break Free: The best solution? Stop borrowing from them entirely and free yourself from the cycle.
Take Action: Block them on WhatsApp, and don’t hesitate to report their unscrupulous behavior to WhatsApp and the Google Play Store.
Stay in Control: You were managing just fine before they came along. Don’t let their tactics harm your reputation or drain your finances.
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9Credit loan-Instant loan Cash
Let me give you the lowdown on 9Credit Instant Loan App. Here's what you need to know:
- Contact Messages: These folks might start sending SMS to your contacts saying you owe them money.
- WhatsApp Woes: Brace yourself for all sorts of rude messages on WhatsApp if you're even a day late on payment.
- Short Repayment Window: You'll usually get stuck with a 6 to 14-day repayment plan, making it tough to cough up the cash.
- High Overdue Interest: Watch out for sky-high overdue interest rates, ranging from 1% to a whopping 5% per day, piling up debt faster than you can blink.
- Defamation Dilemma: Once they start badmouthing you, don't bother paying up. They've already got what they wanted.
- Unlicensed Trouble: These apps aren't legit. They can't do much except tarnish your name.
- No Borrowing from Borrowers: Steer clear of borrowing from one loan app to pay another. It's a recipe for financial disaster.
- Truecaller Tip: Install Truecaller to dodge their calls and block their contacts, keeping them at bay.
- Breaking Free: The only real way to escape their clutches is to stop borrowing altogether.
- Report and Block: Shut them out by blocking them on WhatsApp and reporting them directly on WhatsApp and Google Play Store.
- Regain Your Freedom: Remember, you were doing just fine before they showed up. Don't let them mess with your integrity.
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PrimePay
Do They Defame?
If you download the app from the Play Store, they do not have access to your contacts, so they cannot defame you. However, if you download it from external sources like WhatsApp or through a link, be assured that they will defame you. They may even go as far as contacting you on social media. Never download loan apps outside of the Play Store or Apple Store.Overdue Fees
You can be charged between 2% to 10% daily on overdue interest. Never pay for overdue interest; only pay back the principal amount if you must. Once they defame you, do not pay again.Block Annoying Calls (But Maybe Don't)
If their reminders feel like harassment, use Truecaller to block their numbers. However, blocking them completely might prevent you from finding potential repayment solutions.Say No to the Debt Spiral
This is crucial! Only use Pitch Capital Credit if you're 100% sure you can repay on time. Borrowing from another app to pay them is a recipe for disaster!Use Truecaller
You can use Truecaller to identify and block their calls if needed. But remember, clear communication is often better than shutting them out completely.Your Options Are Wide Open
Don't feel pressured to borrow if you're not comfortable. Explore other solutions like budgeting, finding extra income, or seeking financial advice before jumping into any loan, even one with "secure savings" in the name.Your Well-Being is Top Priority
Remember, your financial peace of mind and good credit score are crucial. Use Pitch Capital Credit responsibly and only if you understand their terms, interest rates, and repayment options. It's always best to borrow what you can truly afford to pay back.In the end, there's no magic app for instant wealth. Be cautious, make informed decisions, and remember, you have options beyond loan apps!
Stop borrowing from loan apps. -
Fastcent
Here's the scoop:
1. They're not shy about letting your contacts know you owe them cash, hitting them up with SMS messages.
2. Brace yourself for a barrage of not-so-nice messages on WhatsApp if you're even a day late with your payment.
3. Their repayment plans usually give you a tight window, ranging from 6 to 14 days, which can be a real challenge to meet.
4. Watch out for their sky-high overdue interest rates, ranging from 1% to a hefty 5% per day. That'll only bury you deeper in debt.
5. Don't cave and pay up if they start tarnishing your name. They're just after their money, and once they've defamed you, they've got what they wanted.
6. They may not have a license, but their weapon of choice is defamation. Pretty low, huh?
7. Whatever you do, don't try borrowing from another loan app to settle your debts with them. It's a trap! You'll just end up in more hot water.
8. Thinking about screening their calls? Consider installing Truecaller on your phone to see who's ringing before you answer. That way, you can dodge their calls if you're not in the mood to chat.
9. The best way to shake off loan sharks is to kick the borrowing habit altogether.
10. If they're causing trouble, don't hesitate to block them on WhatsApp and report their shady practices straight to WhatsApp and the Google Play Store.
11. Remember, you were doing just fine before they came along. Don't let them mess with your reputation or your wallet.
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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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HCwallet
They'll shoot off SMS to your contacts, saying you owe them money.
Brace yourself for a barrage of nasty WhatsApp messages if you're just a day late.
Their repayment plans usually last between 6 to 14 days, making it a real struggle to pay up.
Expect overdue interest rates of 5% to 7% per day, pushing you deeper into debt.
Don't bother paying them back once they tarnish your name. They've already got what they wanted.
Since they're not licensed, they can't take legal action against you. Their only weapon is to smear your reputation.
Avoid borrowing from other loan apps to settle your debts; you'll only dig yourself into a deeper hole.
Use Truecaller to screen and block their calls, sparing yourself unnecessary stress.
The best way to break free from loan sharks is to stop borrowing altogether.
Block them on WhatsApp and report them directly to WhatsApp and Google Play Store to protect others from falling into the same trap.
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Swifund
They will send SMS to your contacts, claiming that you owe them money.
Be prepared for a flood of unpleasant WhatsApp messages if you are even a day late.
Their repayment schedules typically range from 6 to 14 days, making it extremely challenging to settle the debt.
Anticipate daily overdue interest rates of 5% to 7%, pushing you further into financial hardship.
Once they tarnish your reputation, there is no point in repaying them. They have already achieved their objective.
Since they lack a license, they are unable to pursue legal action against you. Their only recourse is to damage your reputation.
Refrain from borrowing from other loan apps to repay your debts; this will only exacerbate your financial situation.
Utilize Truecaller to screen and block their calls, sparing yourself unnecessary stress.
The most effective way to escape from loan sharks is to cease borrowing altogether.
Block them on WhatsApp and report them directly to WhatsApp and the Google Play Store to prevent others from falling victim to the same scam.
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EasyMoni
SMS and Unpleasant Messages:
- So, here’s the deal: when you borrow money from EasyMoni, they might start sending SMS messages to your contacts, telling them that you owe them money. Not cool, right?
- And on WhatsApp, brace yourself! They’ll bombard you with all sorts of not-so-nice messages, starting from just one day overdue. It’s like a digital storm.
Tricky Repayment Plans:
- Now, about paying them back—it’s not a walk in the park. EasyMoni usually gives you a window of 6 to 14 days to repay. But honestly, it feels like climbing Mount Everest without proper gear.
Interest Rates That Sting:
- Hold on tight! Their overdue interest rates range from 2% to a whopping 7% per day. Imagine that—your debt snowballing faster than a rolling boulder.
Defamation Drama:
- Here’s the twist: don’t rush to pay them back just because they’re spreading rumors about you. Nope! They’ve already pocketed their cash by tarnishing your name.
- These loan apps can’t legally chase you down, but they sure know how to sling mud.
No Borrowing from Sibling Apps:
- Listen up: don’t borrow from another loan app to pay off EasyMoni. It’s like trying to put out a fire with gasoline.
- These apps are like a big family—they’re all connected. If you borrow from one, you’ll end up owing them all!
Truecaller to the Rescue:
- Install Truecaller on your phone—it’s like having a superhero caller ID. You’ll know who’s calling, and you can dodge their calls like a ninja.
- Block their numbers and keep your peace of mind intact.
The Ultimate Escape Plan:
- Ready for the magic trick? Stop borrowing altogether. Yep, that’s the secret to breaking free from these loan sharks.
- Block them on WhatsApp and report their shenanigans directly on WhatsApp and Google Play store.
Your Integrity Matters Most:
- Remember, you were doing just fine before these loan apps barged in. Don’t let them mess with your reputation.
- You’ve got this! 🌟
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Okash
- Okash is a legit and authorized loan app, so you're in safe hands.
- They won't tarnish your reputation or spread rumors about you.
- If you default on your payments, they'll take the necessary steps and report the matter to the appropriate authorities.
- 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.
- 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.
- Consider installing Truecaller on your phone to identify and block their calls if you'd rather not engage with them.
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Pocash
They'll shoot off SMS to your contacts, saying you owe them money.
Brace yourself for a barrage of nasty WhatsApp messages if you're just a day late.
Their repayment plans usually last between 6 to 14 days, making it a real struggle to pay up.
Expect overdue interest rates of 5% to 7% per day, pushing you deeper into debt.
Don't bother paying them back once they tarnish your name. They've already got what they wanted.
Since they're not licensed, they can't take legal action against you. Their only weapon is to smear your reputation.
Avoid borrowing from other loan apps to settle your debts; you'll only dig yourself into a deeper hole.
Use Truecaller to screen and block their calls, sparing yourself unnecessary stress.
The best way to break free from loan sharks is to stop borrowing altogether.
Block them on WhatsApp and report them directly to WhatsApp and Google Play Store to protect others from falling into the same trap.
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Palmcredit
Palmcredit is a reputable lending platform that prioritizes borrower satisfaction and provides valuable financial assistance. Here are some essential aspects to consider when engaging with Palmcredit:
After 30 days you'll stop receiving calls and messages from them
Respectful Repayment Approach: Palmcredit upholds a respectful approach towards repayment. They do not engage in defamatory practices if borrowers opt to repay gradually until the full amount is settled. This allows borrowers to manage their repayment schedule at their own pace without facing any negative consequences from the platform.
Interest Payment Guidelines: Borrowers are advised not to pay overdue interest after clearing the normal interest and capital amount. Following this guideline helps borrowers avoid unnecessary financial strain and ensures a smoother repayment process.
Communication Management: In cases where borrowers experience persistent communication from Palmcredit via calls or WhatsApp messages, it is advisable to block their contacts and WhatsApp numbers. This proactive step empowers borrowers to maintain their peace of mind and minimize potential disturbances.
Avoid Borrowing to Repay: It is strongly discouraged to borrow from another loan app to settle dues with Palmcredit. Engaging in such practices may lead to a cycle of debt and financial instability, exacerbating existing financial challenges.
Utilize Truecaller for Blocking: Installing Truecaller on a mobile phone can be beneficial for borrowers looking to block unwanted calls from Palmcredit. Truecaller allows users to identify and block spam calls, including those from lenders, thereby providing an additional layer of control over communication channels.
By adhering to these guidelines and leveraging Palmcredit's transparent and borrower-centric approach, individuals can effectively manage their financial obligations and maintain a positive relationship with the platform.
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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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