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BusinessRe: Sokoloan Are Very Nasty Set Of People, The Government Should Take Action (photo) by s2a2a: 1:50am On Jun 23, 2021
Use the following link to report them to Google. With report from more Nigerians Google will act like they did in India



https://support.google.com/googleplay/android-developer/contact/takedown
BusinessRe: Sokoloan Are Very Nasty Set Of People, The Government Should Take Action (photo) by s2a2a: 1:48am On Jun 23, 2021
These guy's invention is evil. They are deceptive and non-considerate. Even Google is not helping matter. They don't sensor these guys enough.


Nigerian quick loan apps: digging deep shows most of them are not mandated to prove they are traceable with no address, website and they don't reply to calls, emails and WhatsApp messages.

Their loan is offered for extremely short terms (7 - 14 days) to be repaid with very high interest/platform fees. They don't offer higher loan for their customers to use for businesses as they promise.


In fact no matter how loyal you are to them they can reduce your total finance within few minutes. For instance after repaying a loan with say 37000 they offer 18500 instead of amount greater than 37000 as a new loan no matter your loyalty.


This drag people into more problems/debts. They pretend to solve problems by offering loans for people to do business but rather they snuff life out of their customers with hard conditions around the loan.

Okash, Easycredit, Kashkash, nkash, 9credit, fastmoney, Nownowcash, 9credit, 9jacash, lcredit, fastcash, nairahere, nairaland, lcash, icash, cashlion, nairaplus, kashkash, creditpal, gotcash, getcash, gocash, sokoloan, palmcredit, xcrosscash, newcredit, quickcredit, xcredit.etc are example apps.




Nigerian government does not sanction them. Interest/platform fee should be moderate and no problem adding penalty charge for late repayment.


But for platform fee/interest to be throat cutting is a wicked act that needs quick attention.

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