SokoLoan is a microfinance institution that is dedicated to increasing financial opportunities for low-income individuals and small business owners in Nigeria. Our mission is to provide short-term loans to those in need, helping them to cover unexpected expenses or urgent cash requirements.

With our fully online lending platform, we aim to make the loan application process as simple and quick as possible. Our quick application process allows you to apply for a loan 24 hours a day, 7 days a week, and receive your loan status within minutes. Whether you are a small business owner, student, shopper with consumer needs, or customer with fixed assets mortgage, SokoLoan has got you covered.

At SokoLoan, we understand the importance of financial stability and security, which is why we provide loans without the need for collateral. This means that you don't have to worry about putting your assets at risk when you apply for a loan with us.

As a responsible lender, we always advise our customers to use our loans for short-term borrowing and only in emergency situations. If you are in serious financial difficulty, we recommend that you seek professional financial advice before applying for a loan.

In conclusion, SokoLoan is here to help you when you need it most. With our quick and easy application process, you can access the funds you need quickly and without hassle. Whether you are a small business owner, student, or shopper with consumer needs, we are committed to providing you with the financial support you need to achieve your goals and achieve financial stability. So, download and apply for SokoLoan today!

Sokoloan has high interest rate and will defame your character if you ever defaulted.
 

It is strongly recommended you do not download this app for your own safety

Expert Counsel

When dealing with Sokoloan, the most notorious of all dangerous loan apps, it's crucial to understand the intricacies of repayment. Here's what you need to know:

Unregistered: Sokoloan operates without proper registration as a loan app. This means they operate outside legal guidelines and regulations Though they are a registered company in Nigeria, they have many apps that are not traced to the company.

Derogatory Messages: Sokoloan is notorious for sending disrespectful or offensive messages to your contacts. This behavior can be harmful and embarrassing. Once they resort to such tactics, it's clear they've collected their money and any further payment may not undo the damage. If they demand payment, be prepared to challenge them legally.

Defamation: Sokoloan is infamous for tarnishing borrowers' reputations, even before their due date arrives. Their actions can have lasting consequences, making repayment futile.

Install TrueCaller: Protect yourself from Sokoloan's harassing calls by installing TrueCaller, an app that identifies and blocks spam calls.

Block Auto Debit: Prevent Sokoloan from automatically debiting your bank account by blocking your bank card. Visit your bank to request a replacement card.

Block on WhatsApp: Block Sokoloan's contact on WhatsApp to stop receiving messages. Additionally, report their behavior on WhatsApp to alert the platform.

Report to App Stores: If Sokoloan has multiple apps on platforms like Google Play Store, report them to the respective app stores. This helps warn others about their behavior and may lead to the removal of their apps.

Taking these steps is crucial to safeguard yourself from further harassment or harm by Sokoloan.

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