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Nairaland Forum / Nairaland / General / Business / Review Of Etisalat Kwikcash Loan (2548 Views)
Scam Alert! Beware Of Kwikcash. / Brief Profile Of The New Board Members Of Etisalat Nigeria / Kwikcash From Etisalat (2) (3) (4)
Review Of Etisalat Kwikcash Loan by Godmother(f): 6:26pm On Jul 06, 2017 |
Etisalat recently launched KwikCash, an initiative where you can get colateral-free loan via your phone and bank account by dialling *561#. This loan came with a 15% interest rate which was due in 14 days. I needed to have this information checked out for this website so I applied for it. They kept sending reminders at intervals and subtle threats of an increased interest rate if I failed to settle the loan at due date. I wasn’t intimated of any addition to the interest if I failed to meet the deadline before the loan. It only came after I’d applied for it. True to form, the due date elapsed and Etisalat added a whopping 17.53% interest rate. They explained this outrageous figure as rollover interest + late fee+ VAT. Now I have the initial loan + the 15% interest rate + the added 17.53% rollover interest to pay back. This addition came with further threats of added increments if I failed to pay back in one week. Needless to say, I won’t be using Etisalat KwikCash loan again http://womeninconnect.com/review-of-etisalat-kwikcash-loan/ 1 Like
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Re: Review Of Etisalat Kwikcash Loan by dominique(f): 6:30pm On Jul 06, 2017 |
Hearing about such for the first time 1 Like |
Re: Review Of Etisalat Kwikcash Loan by Elmojiid(m): 6:47pm On Jul 06, 2017 |
aye le ibosi o |
Re: Review Of Etisalat Kwikcash Loan by Godmother(f): 10:32pm On Jul 06, 2017 |
dominique: Wouldnt have believed it myself if it didn't happen to me. |
Re: Review Of Etisalat Kwikcash Loan by Luukasz(m): 11:07pm On Feb 21, 2018 |
Godmother:So did you pay after the one week? |
Re: Review Of Etisalat Kwikcash Loan by Timil: 5:09pm On Mar 19, 2018 |
Godmother:What if you don't pay back on time? |
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