I just had to drop this here so Nairalanders and the general public would be wary of FastCash Loan App.

These guys are robbing people of their hard earned money because they were desperate and in need of money before they borrowed from FastCash.

a. Their charges are hidden and seriously exorbitant

b. Their customer service we're verrry rude and suspicious

c. They charge you N1000+ every day if you don't pay back in time

d. They make the payback almost impossible at first so your overdue charges will increase

e. They threaten you with messages and contact your contacts if you don't pay back (due to their delay strategy)

f. They show you the amount you are qualified to receive but pay you 60% of that but expect you to pay 100% of the amount you qualified to receive.

Please see all the reviews I saw on their playstore profile. Very discouraging.

PS: Don't borrow from them even if you are sick broke and dying. Use alternatives


Who else have had such experience with them before?

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Apart from branch, carbon and maybe fairmoney every other Nigerian loan app on Google Play store is exploitative. Apps such as sokoloan,gocash,xcredit,palmcredit and this fast cash should be avoided at all cost. They are owned by the Chinese, and we all know how brutal Chinese people are when it comes to loans

Lolz, why will you collect loan when you know you won't pay?

ehn ehen

YoonSung76:
Lolz, why will you collect loan when you know you won't pay?

Read the post again before you comment

Omihanifa:
Apart from branch, carbon and maybe fairmoney every other Nigerian loan app on Google Play store is exploitative. Apps such as sokoloan,gocash,xcredit,palmcredit and this fast cash should be avoided at all cost. They are owned by the Chinese, and we all know how brutal Chinese people are when it comes to loans

Does palmcredit call your phone contact when you default?

HitlerGaddafi:
Does palmcredit call your phone contact when you default?

No but they will be using different numbers to call you

Omihanifa:


No but they will be using different numbers to call you

I took a loan.. they gave me 2 weeks payment and it's to be due on Wednesday.. I will pay that money for sure but that deadline, I no fit meet am due to unplanned circumstances. My fear is that they don't go about messaging my contacts like I hear other loan platforms dey do coz I can't stand such embarassment o.. na to just go jump inside Lagos lagoon.

HitlerGaddafi:

I took a loan.. they gave me 2 weeks payment and it's to be due on Wednesday.. I will pay that money for sure but that deadline, I no fit meet am due to unplanned circumstances. My fear is that they don't go about messaging my contacts like I hear other loan platforms dey do coz I can't stand such embarassment o.. na to just go jump inside Lagos lagoon.

It's not immediately that they will even be disturbing you with phone calls and sms. They will first start adding late repayment fees to the loan then after a while they will now start calling you.

But another thing you can use to buy time is to tell them that you made a payment to their bank account using USSD code and that you bank have debited you, or that you didn't receive debit alert but the money was deducted from your account.

If they now call you the second day, tell them that you have gone to the bank and that they are working on it.

Omihanifa:



It's not immediately that they will even be disturbing you with phone calls and sms. They will first start adding late repayment fees to the loan then after a while they will now start calling you.

But another thing you can use to buy time is to tell them that you made a payment to their bank account using USSD code and that you bank have debited you, or that you didn't receive debit alert but the money was deducted from your account.

If they now call you the second day, tell them that you have gone to the bank and that they are working on it.

I'm not talking about they disturbing me with phone calls and sms.. I'm talking about they messaging my contacts or calling them like the way the legendary sokoloan dey do ...hope palmcredit no dey behave like that?

I'll pay them their money for sure but it's a pity I can't meet up with the deadline..

HitlerGaddafi:

I'm not talking about they disturbing me with phone calls and sms.. I'm talking about they messaging my contacts or calling them like the way the legendary sokoloan dey do ...hope palmcredit no dey behave like that?

I'll pay them their money for sure but it's a pity I can't meet up with the deadline..

How many times do you want me to tell you that plan credit doesn't call people's contact. They don't do that anymore

Omihanifa:



How many times do you want me to tell you that plan credit doesn't call people's contact. They don't do that anymore

Thanks bro but that you last sentence ehn.

They don't do that anymore? So there was a time they used to do it?

HitlerGaddafi:

Thanks bro but that you last sentence ehn.

They don't do that anymore? So there was a time they used to do it?

Of course but they stopped I think late 2019

How did they get to get your contact. Are they even permitted to hack your phone and start calling your contact.


Isn't that invasion of privacy

Omihanifa:



How many times do you want me to tell you that plan credit doesn't call people's contact. They don't do that anymore

I've decided to pay the loan today but for hours now they are telling me it is still processing. Other apps process their repayment instantly but for palmcredit, I've just read some reviews online and some people claim they do it on purpose so as to add extra interest. I've messaged them on Twitter, if by evening they've not still processed it, let them just forget about that money coz I'm diverting it elsewhere. Me I no send their papa o.. commot your money don turn war later they will now add interest that I have defaulted abi.. I've by evening and it's still there, that money is gone for good I'm not paying a dime if they like make they carry case go credit bureau

Omihanifa:



How many times do you want me to tell you that plan credit doesn't call people's contact. They don't do that anymore

Some reviews I saw online about palmcredit.. me I no send them o.. I've been trying to repay since morning, they've been wasting my time.. if I try it like two times again and it doesn't go, that's the end.. they should forget about that money.. nobody should stress me abeg.