Quick online loan apps to avoid: ForNaira isn’t ForNaira, It’s for scam
ForNaira is the worst quick online loan app…just 1 day overdue and their agent sent a message to all my contacts that is was over 2 months and that I have refused to pick calls or reply to messages. Meanwhile the lady in question sent me message as at 5:45am and I replied that I will pay by 4pm, by 9am, she started sending messages to my contacts…for what she has done I will not pay a dime again. You can’t defame me and still want me to pay you after all I was still going to pay for the overdue. I have evidence.
September 7, 2021
Quick loan applications that are displaying their wares for Nigerians are presently uncountable and the result of this is the different fraudulent practices exhibited by majority of these apps. Some are not even in the space to provide loans at all, all they do is steal from the people and such apps have often been exposed in a few of our articles on this platform. Examples of such fraudulent apps include Rapid Naira and Cash Club, etc.
As earlier mentioned, majority of the apps in the quick online loan space are doing the business but at the same time exploiting the people. Some of the them have unethical practices that’s goes against the financial rules of Google Play Store where they are hosted, refusing to abide by CBN and other regulators laid down rules. One of such is ForNaira quick loan app hosted on Google Play Store.
What ForNaira app displays on Google Play Store as its features:
– Borrow up to ₦300,000
– Fast and easy access to loans, with no hidden charges
– Account is credited as soon as the loan is approved
– No collateral or guarantor needed
– our Loan App is extremely secure and reliable
– Artificial intelligence is used to run credit scoring, making loan decisions instant!
– We are available 24/7 to support you
Contrary to what is on Google Playstore, ForNaira app does the following:
- Give loans for 7 days as against the 91 to 360 days displayed in Google Play store
- Does not give loan up to #300,000
- Does not declare its real charges in the sense that, they display amount of loan to be given and what they give actually is far lesser.
- Yes they do not collect collateral but they ask for guarantors.
- Like others, 7 days loan starts counting the moment you receive money in your account and what you see on your dashboard immediately is 6 days remaining. Its never 7 days
- Failure to pay back as at when due will have their staffs harass you, threaten you and send messages to people on your contact list that you should not be trusted and be told to pay back your debt.
These are just some of the unethical practices of ForNaira app which has so far been noticed on its platform.
QUICK LOAN ARENA understands it is unethical to borrow and not repay as at when due but if guarantors are submitted before loan is granted, (which is not even supposed to be requested anyway), why not reach them first formally after default before sending disgraceful messages about the borrower to everyone on the borrower’s contact list? That’s even more unethical on the part of the quick loan app.
Customers and quick loan seekers should take heed and beware of online loan apps like ForNaira that promises heaven on earth but delivers little or no value and exhorts through unethical practices.
FEW REVIEWS OF FORNAIRA ON GOOGLE PLAY STORE
September 8, 2021
I am not impressed at all.I paid one day before the time of repayment.I did not want another loan because interest rate is too high.When I wanted to pay,their “repay only” option was not working only”repay and reapply” and they disbursed me another loan I didn’t want and didn’t ask for.You cannot compel me to take a loan I don’t want.Deduct your loan and I know my available balance before it and taken screenshots of mails to customer service.I will not pay for that loan.RESOLVE IT!!
September 7, 2021
This is the worst loan app…just 1day overdue and their agent sent a message to all my contact that is was over 2months and that I have refused to pick calls or reply to messages meanwhile the lady in question sent me message as at 5:45am and I replied that I will pay by 4pm, by 9am she started sending messages to my contacts…for what she has done I will not pay a dime again. You can’t defame me and still want me to pay you after all I was still going to pay for the overdue. I have evidence
July 26, 2021
This app is untruthful, because I only fill the form and not request for a loan now they disburse the money into my account. But that is not the problem, the problem there is that they tell me my loan is #7,500 and repayment will be #7,490 , and they disburse #4,875 into my account . I don’t know the reason why.
September 29, 2021
If they is anything lower than one star it will be better they have bunch of unprofessional staff they don’t even know how to address customers putting call across disturbing you when to payback barely two days to your loan secondly they disbursed loan without proper breakdown of the offer upon completion of your registration on the platform the next thing they disbursed loan without allowing the customer to checkmate and access the breakdown if they are comfortable with the offer or not
September 24, 2021
See me see problem…i have not even apply for a loan yet i was about to bind my card but i said before i bind my card let me first view people’s comment here on playstore to enable me understand more on this app…i am still reading people’s comment when i received an alert… You credit me #4875 and repay #7749 Oga abeg i nor want your money o,you better take it back o…i did not request and i will not pay Abeg send me you account number,I’ll send your money back
September 24, 2021
Very unfriendedly app and loan company… operating over 5 loan app..very inconsderate pple….this is d only app dat inspite of their bogus interest rate,wen u repay even b4 due date,u r never guaranteed of getting another loan…very odd app
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