Pamcredit loan app is operated by a company named EgdeFinance and from all indications it's likely ran by Indians who employed Nigerians as agents/workers who work more or less like slaves (No weekend, no public holidays)

They tag themselves as one of the best loan Apps but beneath lies a very terrible experience for unsuspecting users.

On installation, they give you one of the longest and smallest print terms and conditions you'll ever read. Then their app demands access to upload onto their server, your SMS, Contacts (who they call or send msgs to when you default), Camera and other essential Apps and feature on your phone.
Access to your bank account is also requested which they automatically deduct from before your due date.


LOAN
They operate a loan offer which at initial stage seem fast and seamless. Your quick and timely repayments increases your limit but here's the trap: The more your limit increase the the more your minimum obtainable increases. You have no total control on the amount you can borrow. A certain amount is set for you and you can't adjust it downward to suit your capacity so you end up borrowing more than you need.

When you envisage or foresee a possible delay in your repayment, there's no option to extend your loan. When you reach out to explain to them, their customers care literally shut you down in their usual rude and taciturn manner.

A day before your due date, you're most going to be called and pestered to pay up immediately that very day so to enjoy more limit increase blah blah.
Your registered bank account will be deducted if you have any money there.

If eventually, you defaulted, then your nightmare begins.
On the first day of your default, be assured that you're going to receive several threatening phone calls and of course Whatsapp msgs from their agents.
You're automatically charged an outrageous and inexplicable amount as what they call SERVICE CHARGE coupled with PENALTY CHARGE. This SERVICE CHARGE keep increasing arbitrarily everyday till the day you make the repayment.

CUSTOMER SERVICE

No matter how genuine your excuse is or how civil or responsible or committed or convincing you sound on the phone with them you're just a lying debtor (nothing like customer to them). You're seen as someone who's already absconded with their money.
They sound literally like loan sharks.

When you initiate a chat with them they demand for your number and email which is not safe with them at all. They have an obnoxious habit of sharing your contact with other loan Apps.
In the next hour of getting your contact, you'll be bombarded with texts and Whatsapp msgs from unknown numbers offering you different types of loans. You begin to wonder how did they know you needed a loan �

I'm sharing this to prepare already customers and potential ones, not fall into this trap.

No matter how broke you're and if you value your mental health please stay away from PAMCREDIT Loan App.
There are other better loan Apps with humane and easy terms.
But you can borrow from PAMCREDIT if you're very 100% sure that you're not going to DEFAULT cos that's where your hell begins no matter how good your history or past records with them.