MOTA CASH Flexible loan - Loan Shark Review
Interest Rate 42%
Duration 7 days
Access Level Public
Company Name MOTA CASH Flexible loan
Phone 1
Phone 2
Website or Store
Address
Category Dangerous Loan
Company Email motacashn@gmail.com
Views 786

MOTA CASH is an online loan app in Nigeria that provides flexible loans to individuals. Our app allows you to apply for loans of up to ₦50,000 and the repayment terms range from 7 days to 180 days. We believe that everyone deserves access to affordable credit and that's why we strive to make the loan application process as easy as possible.

Our app is designed to be user-friendly and easy to use. With just a few clicks, you can apply for a loan and receive your funds within minutes. Our interest rates are among the lowest in the market, and we do not charge any service fees. We also provide excellent customer service and support to ensure that our customers have a positive experience when using our app.

ABOUT US

MOTA CASH is a fintech company that was established to provide affordable credit to individuals in Nigeria. We understand that access to credit is essential for personal and business growth, and that's why we developed our app to make it easy for individuals to access loans without the need for collateral.

Our app leverages the latest technology to streamline the loan application process, making it fast and easy for users to apply for loans and receive funds in their accounts. Our team of experts is dedicated to providing the best customer service and support, ensuring that our customers have a positive experience when using our app.

COMPANY SERVICES

MOTA CASH provides flexible loans to individuals in Nigeria. We offer loans ranging from ₦1,000 to ₦50,000 with repayment terms of 91 days to 180 days. Our app is designed to make the loan application process fast and easy, and we do not require any collateral to secure a loan.

Our loan application process is simple and straightforward. All you need to do is download our app, create an account, and fill out the loan application form. Once your application is submitted, our team will review it and provide you with a loan offer. If you accept the loan offer, the funds will be disbursed to your account within minutes.

OUR MISSION

At MOTA CASH, our mission is to provide affordable credit to individuals in Nigeria. We believe that everyone should have access to credit, regardless of their financial status. Our goal is to use technology to simplify the loan application process and make it fast and easy for individuals to access credit when they need it most.

OUR VISION

Our vision is to become the leading provider of affordable credit in Nigeria. We want to make it easy for individuals to access credit and improve their lives. We believe that by providing affordable credit, we can help individuals achieve their financial goals and contribute to the growth and development of the Nigerian economy.

OUR CORE VALUES

At MOTA CASH, we are committed to providing excellent customer service, being a cooperative partner to our customers, ensuring ease of use of our app, maintaining the security of our customers' information, and providing instant loans to meet our customers' needs.

Excellent Customer Service: We are committed to providing the best customer service to our customers. We strive to ensure that our customers have a positive experience when using our app, and we are always available to answer any questions or concerns.

Cooperative Partner: We believe that our customers are our partners, and we work together to achieve their financial goals.

Ease of Use: Our app is designed to be user-friendly and easy to use. We want to make the loan application process as easy as possible for our customers.

Security: We take the security of our customers' information seriously. We use bank-level encryption to ensure that our customers' information is safe and secure.

Instant Loans: We understand that sometimes our customers need funds urgently. That's why we provide instant loans to meet our customers' needs.


Expert Counsel

1. MOTA CASH may resort to contacting your contacts via SMS if you have outstanding debt with them.

 

2. In the event of even a one-day delay in repayment, MOTA CASH might send derogatory messages to your WhatsApp contacts.

 

3. Their repayment plans typically range from 6 to 14 days, which can prove challenging for borrowers.

 

4. Overdue interest rates fluctuate between 2% and 7% per day, potentially leading to a cycle of increasing debt.

 

5. Refraining from repayment won't deter MOTA CASH; instead, they may resort to defamatory tactics to retrieve their funds.

 

6. These loan apps operate without proper licensing, limiting their recourse to defamatory actions as their primary means of enforcement.

 

7. Borrowing from another loan app to settle debts with MOTA CASH can exacerbate financial troubles, potentially leading to bankruptcy.

 

8. Installing Truecaller on your mobile phone can help identify and block unwanted calls from MOTA CASH and similar entities.

 

9. Ultimately, the most effective solution to break free from the grasp of loan sharks like MOTA CASH is to cease borrowing altogether.

 

10. Blocking their communication channels on WhatsApp and reporting their activities directly on platforms like WhatsApp and Google Play Store can help mitigate their influence.

 

11. Remember, your integrity and financial well-being are paramount; avoiding further borrowing is crucial to reclaiming control over your finances.




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Reviews

  • User loan Review
    MOTA-CASH-Flexible-loan

    This app use to be good but naw they are dead have been using them ever since and I have never fail to pay or have bad record I pay before due date, but naw they don't longer give loan 3 times in a month have tried to borrow they are telling me verification failed the funny thing I have borrowed loan up to 6 times in ur app and pay before due date with good credit results for naw I have delete the app maybe I will reinstall it later, new customer can try their luck

    • 3/18/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    This app is good an i give them 5star the amount is high an the interest is low iwill advice many people to come an joy the app. when ever i take the loan i use to pay it in time but the problems I'm facing right now is that i visit the app 3x to take another loan but they didnt give me they show me varification failed come back after 7days an itry it today but thesamething idont no the problems

    • 3/13/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    This is just one of the scamming loan app I have even seen, I took a loan of 1700 with you guys and before the loan got to my account 600 has already been deducted, sending just 1100, to my account. And I'm still asked to pay 1900. I've waited for 24 hours hoping to get back the balance payment but nothing came. This app is just too worst. Even zero star 🌟 is too much for you guys

    • 3/12/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    I transferred 9,000 for my due payment from my opay account. And later I also got debited of amount 9,000 that was sent to your account. These guys are thieves and Now I regret why I added my bank card to the app. 

    • 2/20/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    This loan app are scammers, fraudulent and over charged you even when you have paid their high interest. Please don't do any transactions with this people. The fraudulent. They don't deserve a star.

    • 2/2/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    I can't rate it 5 star, reason being, I paid my loan before due date up till now I'm still getting messages to repay my loan, sent them mail this morning they failed to respond, chat them on WhatsApp no response, I don't even think if there WhatsApp digit is functioning.

    • 2/2/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    This is so hilarious, I wascredited 1,100 just, only for them to tell me to repay with 1,900. I didn't even submit it before they credited my account with 1,100. what will I use 1,100 for. You people are scam. Una never see anything.

    • 1/27/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    Thieves! Thieves!! Thieves!! I made payment 3 days before expiration date, I saw no debit text proof but money was deducted. I felt I made i mistake and paid again with my card and was debited again but with proof this time. Yet, this guys are still telling me to make payment again. Dem dey craze. Idiots

    • 1/24/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    I took a loan from this app, and I was supposed to pay back in 7days, but on that 7day I made payments with my bank card, I was debited but didn't reflect in the mota app, I talk to an agent who contacted me and said he will communicate with the management because of the network issue so that they will not charge me on overdue charges. After bank reverse the money 3day later, I talk to the agent again if I can make the payment, he guarantee me that I should only pay the 48k.

    • 1/23/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    I was due today and it was automatically deducted from from my account but the money is not reading in my app which I can't pay for over due all I know is my payment has been made and I have the proof with me

    • 1/23/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    This app is fraudulent, in fact they are thieves' I was given an option of #1700 to repay #1900 I never really wanted it but I said ok let me give it a try at least to increase my record but I was credited with #1100 instead and expected to repay the same #1900 am not stupid i tried refunding the loan back immediately but they refuse telling me to make it up to #1900 and ever since they hv been adding overdue charges. If they do not pay me my balance 600 I will not repay them period

    • 1/22/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    I took my first loan and the interest rate was too high but I don't have choice than to pay, now I was trying to edit my personal details and uninstall, you people credited me 8000 to repay 11000 within 7days, like how is that possible

    • 1/20/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    Even though the app is very easy and straight forward, I think it's fraudulent to say ur loaning 1,700 to repay 1900, only to be credited 1,100 why will I repay 800 on 1,100.... Repaid and deleting the app immediately, that's fraud and misleading, otherwise the app is easy to use

    • 1/19/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    Am try since 4 days now to pay my debt, but it kept saying invalid account number, so is no longer my fault. In case they are doing this for your your money to keep increasing, am not going to pay it ooo, i will only pay the same amount i wanted to pay before.

    • 1/18/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    I'm very disappointed in this app. You promised me a loan amount and gave me way less than what I saw, but then I'm expected to pay the full amount of what I requested for.

    • 1/16/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    Scam app indeed, the loan they displayed before I applied was not the loan they reimbursed into my account, I don't know why I went to apply for loan in this app now it is certain that wheater I like it or not I will still repay back the loan with the interest added to it

    • 1/15/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    Worst loan app ever. My loan was due for 4 days and they started sending my picture to my contacts and even increased the interest again. I was supposed to pay 11,600 then it increased to #14,848 just within 3 days

    • 1/14/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    They're so unreliable. After inputting all of your details, they tell you that your loan wasn't approved. They you start to receive calls from the app telling you to pay back your loan. They're scam.

    • 1/13/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    The app is very easy to use I must commend them. However, since I registered I've not been given any loan except the 1k that I was eligible for, network is so bad as well.

    • 1/11/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    Very good app, it is flexible the amount of money is small for emergency, but with reasonable interest of seven days tenor, the procedure and the process is very simple the disbursement is within a very short period of time but if you dont want face verification (photograph) dont try it because it is the last thing before the disbursement

    • 1/7/2023
  • User loan Review
    MOTA-CASH-Flexible-loan

    The app is a good one with seamless application process, quick approval and disbursal. The only issue I have with them is their interest rate/service fee. For crying out loud, it's outrageously high. And because of the high service fee, I won't be giving them 5star.

    • 1/4/2023

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