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  Yoyi loan app

  Category: Dangerous Loan

  Interest rate: 35%

   

  1. They will send SMS notifications to your contacts, falsely claiming that you owe them money.
  2. Brace yourself for a flood of threatening WhatsApp messages if you miss even a single day of repayment.
  3. Their repayment periods usually span 6 to 14 days, making it extremely difficult to clear your debt.
  4. Expect daily overdue interest rates between 5% and 7%, pushing you deeper into financial strain.
  5. Once they’ve damaged your reputation, there's no point in paying them back. Their primary goal has already been met.
  6. Operating without a license, they cannot take legal action. Their only strategy is to ruin your reputation.
  7. Avoid borrowing from other loan apps to settle your debts; it will only trap you further.
  8. Use Truecaller to block their calls and avoid unnecessary stress.
  9. The best way to escape loan sharks is by stopping the cycle of borrowing entirely.
  10. Block them on WhatsApp and report the app to WhatsApp and Google Play Store to protect others from falling into the same trap.

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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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