Wekash - Loan Shark Review
Interest Rate 47%
Duration 7 days
Access Level Public
Company Name Wekash
Phone 1
Phone 2
Website or Store nil
Address unknown
Category Dangerous Loan
Company Email wekashzse@gmail.com
Views 803

Wekash: 

At Wekash, we understand that life can throw unexpected financial challenges your way. Whether it's a medical emergency, car repair, or an urgent bill payment, our safe and reliable online loan app in Nigeria can help you get the funds you need instantly.

Interest Rate We offer competitive interest rates on our personal loans in Nigeria. Our loan experts work with you to determine the best loan amount and interest rate that suits your needs and repayment capacity.

Company Profile Wekash is a leading online loan app company in Nigeria that offers personal loans to individuals looking for quick and easy financing solutions. Our loans are designed to help you get the funds you need without having to go through the hassle of traditional lending institutions.

About Us Wekash is a fintech company that is committed to making financing easier for Nigerians. Our app is designed to be user-friendly, secure, and accessible from anywhere, at any time. Our loan process is entirely online, which means you can apply for a loan, get approved, and receive funds without leaving your home or office.

Company Services We offer personal loans to individuals looking for quick and easy financing solutions. Our loans range from ₦5,000 to ₦500,000, and the repayment period can vary from 2 weeks to 6 months, depending on the loan amount and repayment capacity.

Our Mission Our mission at Wekash is to provide Nigerians with easy access to fast, reliable, and secure personal loans. We aim to simplify the loan process and eliminate the unnecessary paperwork and bureaucracy that often comes with traditional lending institutions.

Our Vision Our vision at Wekash is to become the go-to online loan app in Nigeria for individuals looking for quick and easy financing solutions. We are committed to providing exceptional customer service, competitive interest rates, and a seamless loan application process.

Our Core Values At Wekash, our core values guide everything we do. We believe in:

Excellent Customer Service We strive to provide our customers with the best possible customer service. Our loan experts are always available to answer any questions you may have and to guide you through the loan application process.

Cooperative Partner We believe in building strong partnerships with our customers. We work with you to understand your financial needs and to provide you with the best possible loan solution.

Ease of Use We believe in making the loan process as easy and convenient as possible for our customers. Our app is designed to be user-friendly and accessible from anywhere, at any time.

Security We take the security of your personal information and funds very seriously. Our app is designed with the latest security features to ensure that your information is safe and secure.

Instant Loans We believe in providing our customers with the funds they need, when they need it. Our loan process is designed to be fast and efficient, which means you can get approved for a loan and receive funds within minutes.

Safe and Reliable Online Loan App in Nigeria At Wekash, we understand that financial security is essential to our customers. That's why we are committed to providing a safe and reliable online loan app in Nigeria. Our app is designed to be secure and user-friendly, which means you can apply for a loan with confidence, knowing that your personal information and funds are safe.

GotCash - Personal Loan in Nigeria We understand that there are other personal loan apps in Nigeria, such as GotCash - Personal Loan in Nigeria, which is developed by GotCash Tech. However, we believe that Wekash offers a superior loan application experience, with competitive interest rates, exceptional customer service, and a commitment to providing fast and reliable loans.

Install the App Now If you're looking for a safe and reliable online loan app in Nigeria


Expert Counsel

Instead of simple reminders, they might send SMS messages to your contacts, indicating that you owe them funds. Furthermore, they may escalate their approach by sending derogatory messages to your WhatsApp contacts, often starting just one day after your payment is due.

 

Typically, Wekash offers repayment plans ranging from 6 to 14 days, which can be challenging for many borrowers. What exacerbates the situation is the high overdue interest they impose, ranging from 1% to 5% per day. This can quickly accumulate, leading to more debt.

 

It's essential to note that once they resort to defamatory tactics, it's best not to comply with their demands. Their main leverage, being unlicensed loan apps, lies in damaging your reputation.

 

Moreover, borrowing from another loan app to repay Wekash is not advisable. Given the interconnected nature of these apps, attempting to borrow from one to pay off another often results in deeper financial troubles.

 

To protect yourself, consider installing Truecaller on your mobile device to identify and block their calls. Additionally, if you encounter such practices, block them on WhatsApp and report them directly to WhatsApp and Google Play Store.

 

Ultimately, the most effective solution to break free from the clutches of loan sharks like Wekash is to stop borrowing from them altogether. Remember, you managed before they entered the picture, and with determination, you can find alternative means to sustain yourself. Guard your integrity and financial well-being by avoiding these predatory practices.




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Reviews

  • User loan Review
    Wekash

    This is a very stupid app. Yes, I applied for a loan and when I was asked to payback, I did, but these scammers told me they didn't receive any money after sending them all my transaction proof. They told me, they didn't receive the payment. Please any one looking to use this app should not even try it, high interest, low tenure and most of all, they will try all they can to make sure they debit you more than what you collected, by using your info for other apps under them.

    • 4/17/2023
  • User loan Review
    Wekash

    Stop sending people that are not interested in loan message, it's very annoying, they have been sending me messages on whatsapp, which I don't like, na fraudulent app.

    • 3/23/2023
  • User loan Review
    Wekash

    The reasons for this loan is so that you can help the public,in times of need and not put them into more problem,You created a roll over avenue,only to discover that after collecting rollover, the loan amount is not reduced,no problem,post my name on social media,I will pay gradually because that's what I have,I didn't know your app was like this I would not have used you guys..

    • 3/22/2023
  • User loan Review
    Wekash

    I didn't initiate any loan on the app, i was just trying to check my credit limit before my phone fell off and the next thing I saw was a credit alert and I immediately send the money back and I forwarded the receipt of the payment to the customer service number I got from the app. i fdey tell them now to rectify the issue and they are not answering. scammers.

    • 3/16/2023
  • User loan Review
    Wekash

    Very rediculos app, I was debited without owing them twice and yet to receive my money back. I sent mail, chats to thier customer service and he or she keep saying they will reverse it. I don't even know d audacity they have to deduct from my act without giving them the authenticity. Very bad experience,

    • 3/13/2023
  • User loan Review
    Wekash

    This is absolute nonsense, so many of your customer care kept on sending me messages to download the app, after downloading you showed that you can offer 10k to pay 10500 and then I received 6500 to 10500, what kind of interest rate is that for just 7days? Or maybe I'm wrong, I was reluctant to download and now this? I regret downloading this app.

    • 3/12/2023
  • User loan Review
    Wekash

    For more than a week, i have been trying to make a repayment of my loan yet the app is not allowing that. I can't repay due to no fault of mine yet the interest is pilling up. The system keep requesting for OTP, which is not accessible.

    • 3/8/2023
  • User loan Review
    Wekash

    A very easy-to-use App, having just a short questionnaire to qualify ones application, but the interest rate is just too too too high with a very short loan term.

    • 3/5/2023
  • User loan Review
    Wekash

    This is the most dubious credit/loan lenders..i repay and a week after another person asking for repayment and i showed receipt,still said it was reversed....aside.i sent repayment twice.since 17/01/2023... Till now,they don't pick nor reply messages...scammers and dubious they are......very devilish..

    • 3/3/2023
  • User loan Review
    Wekash

    Very disappointing, I applied for a loan not until almost 48hours no disbursement..... I got just one disbursement out of two sup apps under them and now you are asking me to pay for both, when u only disbursed 1. I told all agent who contacted me about this and till now nothing is being done.

    • 3/2/2023
  • User loan Review
    Wekash

    I am a business man and I know the importance of loan to business, I came to know this app and I apply for a loan, after accepted the amount I saw on the app, the amount that drop in my account is different. 2. the period is one week and the interest is very high , immediately I return the money to the app account not up to 1 minutes, since then I have been receiving all such of insulted calls from the operators

    • 3/1/2023
  • User loan Review
    Wekash

    To me the app is not working well. I can't get the verification code because the sms was not delivered and the phone call to get the code was mixed with English and another language. I can't proceed with the loan process without the verification code. 

    • 2/28/2023
  • User loan Review
    Wekash

    I like the app but the payment structure is nonsense

    • 2/27/2023
  • User loan Review
    Wekash

    What's all this embarassment for God sake, they keep sending unsolicited messages to my whatsapp (over 100 messages and still counting) am not interested in your loan. This is what they do when you access peoples contacts and manage their calls using their contact to send poeple unsolicited messages Nonsence!

    • 2/26/2023
  • User loan Review
    Wekash

    Awful. This is a scam. Even being approved for 10,000 to repay 11k and then being credited with 7,000? That is almost 50 percent interest and more importantly a breach of contract. I await repayment as i will only repay according to what was disbursed. This is fraud

    • 2/25/2023
  • User loan Review
    Wekash

    I have a very bad experience with this app. Their intrest rate is so high and they add over charges of 1900 per day over due date, customers care are so unbearable. Threatening to call ur contacts and post ur pictures as scam online. I won't recommend this app to anyone bc they don't keep to their credit score. Especially First credit loan app. They are scammers. 😑😑😑😑😑

    • 2/13/2023
  • User loan Review
    Wekash

    This app is problematic, I just downloaded & installed on my Android phone: I can't even sign up for the app. It keeps saying login restrictions. What sort of app is this? I just have to delete it from my phone.

    • 2/11/2023
  • User loan Review
    Wekash

    Disappointing.... Keeping getting messages all the time but I tried it all I get is turn on your location which I did and still asking that I should turn it on again...They need to bring their app up to date before bringing it out to use..

    • 2/10/2023
  • User loan Review
    Wekash

    his is the absolute WORST of them all!!! The second time I was using the App I saw I could borrow 11700 and pay back 18k in 7days, I agreed. Only to see 21700 as the repayment amount after I had been credited?? This is wickedness!!! I blame myself really. I'm highly disappointed!

    • 2/8/2023
  • User loan Review
    Wekash

    Never again..... I just wanted to give it a try, I mean 10k repay 11,500 didn't seem like a problem,app Is Easy to use but never again, why approve 10,000 but got credited 7,000 to repay 11,300 an interest of over 50 percent after literally bugging me to take ur loan, repaying immediately and deleting ur app,also stop int

    • 2/7/2023
  • User loan Review
    Wekash

    Wow, it's the quickest way indeed. Smooth registration and fast disbursement, i received the loan in just few seconds, thumbs up but interest rate, it's a bit high. I will recommend to my friends, though

    • 2/2/2023

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