Expert Review
-
Cash bus
Let me give you the lowdown on Cash bus:
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.
-
Go Cash
Let's delve into the details about Go Cash and its lending practices. To begin with, it's crucial to understand the potential risks involved. Here are some key points you should consider:
1. Messaging Contacts: Go Cash may resort to sending messages to your contacts, informing them about your outstanding debt.
2. Derogatory Messages: If you're just a day late on repayment, expect to receive unpleasant messages via WhatsApp from Go Cash.
3. Repayment Plans: Typically, Go Cash offers repayment periods ranging from 6 to 14 days. However, these timelines can be challenging to meet.
4. Overdue Interest: The interest rates for late payments with Go Cash can be as high as 2% to 7% per day, potentially leading to a spiral of debt.
5. Defamation Tactics: It's important to note that paying Go Cash after they've defamed you won't necessarily resolve the situation. They often resort to such tactics to secure their payments.
6. Lack of Licensing: Go Cash operates as an unlicensed loan app, limiting their legal recourse. Their primary tool for enforcement is often through defamatory actions.
7. Borrowing from Other Apps: Avoid borrowing from other loan apps to settle Go Cash debts. Doing so may only deepen your financial troubles, as they often have interconnected systems.
8. Truecaller for Caller Identification: Consider using Truecaller on your mobile phone to identify calls from Go Cash and block their contacts to avoid further communication.
9. Stopping Borrowing: Ultimately, the best solution to break free from the grip of loan sharks like Go Cash is to cease borrowing altogether.
10. Blocking Communication: Take proactive measures to block Go Cash on WhatsApp and report their activities directly on WhatsApp and Google Play Store.
11. Regaining Financial Freedom: Remember, you were managing before Go Cash came into the picture. Focus on finding alternative means to sustain yourself and don't let them tarnish your integrity.
Join our Facebook Group
What you should know
-
Any loan sharks that defame are never linked to the credit bureau in anyway and all they say to you are lies.
-
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 Apps major aim is to make outrageous profit from people and render people bankrupt. Dont be a victim
What people are saying
Add a review
Your comment could save a life! Share your experience with loan apps and help others escape the clutches of Loan Shark Apps.
