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  Cashrain

  Category: Dangerous Loan

  Interest rate: 44%

  If you're overdue even by just a day, get ready for a barrage of SMS messages to your contacts, letting them know about your outstanding debt. And it doesn't stop there. They'll also flood your WhatsApp with all sorts of derogatory messages, making an already stressful situation even worse.

  Now, let's talk about their repayment plans. Cashrain typically offers repayment periods ranging from 6 days to 14 days, which might sound reasonable at first glance. But trust me, it's anything but. These short repayment windows can make it incredibly challenging to pay back what you owe, especially considering their exorbitant interest rates.

  Speaking of interest rates, brace yourself because Cashrain isn't playing around. They charge between 5% to 7% per day for overdue payments, and let me tell you, that adds up fast. Before you know it, you could find yourself drowning in debt, with no way out in sight.

  Here's a word of advice: once Cashrain starts defaming you, don't bother paying them back. They've already gotten what they wanted, and paying them won't make those derogatory messages disappear. Plus, since they're not licensed, they don't have much legal recourse besides tarnishing your reputation.

  And whatever you do, don't fall into the trap of borrowing from another loan app to repay Cashrain. They have a whole slew of apps lurking in the mobile app stores, so if you think you're escaping one debt by borrowing from another, think again. You'll only find yourself sinking deeper into financial ruin.

  To protect yourself from Cashrain's relentless harassment, consider installing Truecaller on your phone. This handy app can help you identify and block their calls, giving you some much-needed peace of mind.

  Ultimately, the best way to break free from Cashrain's grip is to stop borrowing altogether. It might not be easy, but it's the only way to avoid getting caught in their web of debt.

  Remember, your financial well-being is priceless. So, stay vigilant, be wise about your borrowing decisions, and don't let Cashrain or any other loan shark drag you down.

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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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