Gocash - Loan Shark Review
Interest Rate 34%
Duration 7 days and 14 days even if is 100k
Access Level Public
Company Name Sokoloan Company
Phone 1 Not reachable
Phone 2
Website or Store sokoloan.com
Address Using Fake Address
Category Dangerous Loan
Company Email
Views 885

GoCash is a leading financial technology (fintech) company that offers a range of innovative credit and payment solutions in Nigeria. Our mission is to simplify access to credit and promote financial inclusion for individuals and businesses in Nigeria. We believe that everyone deserves access to affordable credit and financial services, regardless of their financial history or background.

At GoCash, we understand the challenges that individuals and businesses face when trying to access credit from traditional financial institutions. This is why we have designed a range of products and services that are tailored to the needs of our customers. Our products are designed to be fast, easy to use, and accessible to everyone. We offer quick and easy loans, bill payments solutions, investments, micro-insurance plans, and money transfers.

Our vision is to be the leading fintech company in Nigeria, offering innovative financial solutions that promote financial independence and economic empowerment for our customers. We are committed to providing our customers with the best possible experience, and we have a strong set of core values that guide our business.

Our Core Values

Excellent Customer Service: At GoCash, we are committed to providing our customers with the best possible experience. We believe that our success depends on the success of our customers, and we are dedicated to helping them achieve their financial goals.

Cooperative Partner: We believe in building strong relationships with our customers, and we are committed to working with them to achieve their financial goals. We work closely with our customers to understand their needs and provide them with the best possible solutions.

Ease of Use: Our products are designed to be fast, easy to use, and accessible to everyone. We believe that everyone should have access to affordable credit and financial services, and we are committed to making this a reality.

Security: We take the security of our customers' information very seriously. We use the latest technology to protect our customers' data and ensure that their information is kept safe and secure at all times.

Instant Loans: Our products are designed to be fast and efficient, and we offer quick and easy loans that are accessible to everyone. With no paper documentation required, our customers can apply for a loan in just 5 minutes, and receive funds in their account the same day.

Sokoloan Family

GoCash is proud to be part of the Sokoloan family, a group of fintech companies that are committed to promoting financial inclusion in Africa. Our partnership with Sokoloan allows us to leverage their expertise and resources to provide our customers with the best possible experience.

Interest Rate

At GoCash, we understand the importance of affordability when it comes to credit. This is why we offer competitive interest rates that are tailored to the needs of our customers. Our interest rates are transparent, and we ensure that our customers understand the costs of their loan before they apply.

Company Services

At GoCash, we offer a range of services that are designed to meet the needs of our customers. Our services include:

Quick and Easy Loans: Our loans are designed to be fast and efficient, with no paper documentation required. With just your basic information, BVN, and a smartphone (Android), you can apply for a loan in just 5 minutes and receive funds in your account the same day.

Bill Payments Solutions: We offer a range of bill payment solutions that make it easy for our customers to pay their bills on time. Our bill payment solutions are fast, efficient, and easy to use.

Investments: We offer a range of investment options that are tailored to the needs of our customers. Our investment options are designed to be easy to use and accessible to everyone.

Micro-insurance Plans: We offer a range of micro-insurance plans that are designed to provide our customers with peace of mind. Our micro-insurance plans


Expert Counsel

Let's discuss Gocash, which is operated by the Sokoloan company and is notorious for sending derogatory messages to your contacts.

When you owe them money, Gocash doesn't hesitate to send SMS messages to your contacts, alerting them of your debt. Moreover, even if you miss your repayment deadline by just one day, they start bombarding your WhatsApp contacts with disparaging messages.

Their repayment plans typically range from 6 to 14 days, making it challenging for borrowers to meet their obligations. Coupled with high overdue interest rates, ranging from 5% to 7% per day, Gocash can quickly escalate your debt burden.

It's important not to repay them once they tarnish your reputation, as this only serves to fulfill their agenda. Due to their lack of licensing, these loan apps are limited in their options and resort to defamation as their primary means of coercion.

Attempting to borrow from other loan apps to settle your debts with Gocash is risky, as they have multiple apps on mobile app stores. This could potentially trap you in a cycle of indebtedness, leading to serious financial consequences.

To protect yourself from their tactics, consider installing Truecaller on your mobile phone to identify and block their calls. Additionally, blocking them on WhatsApp and reporting their activities directly on both WhatsApp and Google Play Store can help mitigate their actions.

Ultimately, the most effective solution to break free from loan sharks like Gocash is to stop borrowing altogether. By taking control of your finances and avoiding further indebtedness, you can safeguard your financial well-being in the long term.




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Reviews

  • User loan Review
    Agent message to users

    SINCE YOU HAVE DECIDED NOT TALK TO PROBLEMS IF YOU LIKE SWITCH OFF PHONE I HOPE YOU KNOW YOUR LOAN IS DUE BECAUSE IT TIME TO PAY BACK NOW YOU REFUSE TO TALK KINDLY GO AND MAKE YOUR PAYMENT TO AVOID GREAT HUMILIATIONS & EVERLASTING SHAME TO YOUR FAMILY & CONTACTS, YOU HAVE BEEN WARN. You will die before 4pm

    • 9/27/2024
  • User loan Review
    Agent message to users

    WHAT LAPO DOES TO CHRONIC DEBTORS WILL BE SO LITTLE COMPARED TO WHAT WE WILL DO TO YOU.*


    ALL YOUR ACCOUNTS LINKED TO YOUR BVN WILL BE PLACED ON DOUBLE AUTODEBIT (MEANING: ANY MONEY THAT IS IN YOUR ACCOUNT OR THAT ENTERS YOUR ACCOUNT WE WOULD REMOVE IT AUTOMATICALLY FROM HERE, AND IT WILL BE DOUBLE PORTION).


    *CLEAR YOUR LOAN NOW!!!!!!!*


    • 9/27/2024
  • User loan Review

    The loan app's approval process was slow and tedious. I waited for weeks only to be rejected in the end

    • 3/14/2023
  • User loan Review

    The loan app's terms and conditions were confusing and unclear. I ended up paying more than I expected, and it was a huge financial burden

    • 3/12/2023
  • User loan Review

    I would not recommend this loan app to anyone. The interest rate was sky-high, and the loan terms were unfavorable

    • 3/9/2023
  • User loan Review

    The loan app's terms and conditions were unfair. I felt like I was being scammed, and it was a huge financial burden

    • 2/23/2023
  • User loan Review

    The loan app's customer service was unresponsive and unhelpful. I had to deal with multiple representatives, and none of them were able to help me

    • 2/18/2023
  • User loan Review

    I found this loan app to be untrustworthy. The interest rate was too high, and I felt like I was being taken advantage of

    • 2/16/2023
  • User loan Review

    This loan app was a complete rip-off. I ended up paying more than I borrowed, and it was a huge financial burden

    • 2/14/2023
  • User loan Review

    The loan app's interface was confusing, and I found it difficult to navigate. I would not recommend this app to anyone

    • 2/8/2023
  • User loan Review

    I had a terrible experience with this loan app. The terms and conditions were unclear, and I ended up paying more than I expected

    • 1/29/2023
  • User loan Review

    The loan app's customer service was rude and unprofessional. I would never use this app again

    • 1/19/2023

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