How can I Stop Borrowing Money From Useless Loan Apps

What are the things to do to avoid borrowing money from useless loan apps? 

I don't think it's a crime to borrow money online from loan apps just for financial assistance or to run a business but some of these loan apps do shameful things that are unprofessional and sometimes I see these things as evil. 

Imagine owning a loan app or website an amount of money of less than $50 and this app already called all the contacts on your phone book or contact that you have defaulted does anyone warrant this type of embarrassment from these loan apps or websites? L Credit is part of this evil.

Someone said "Do people still borrow money from loan apps like L.credit apps? This question shows that the person who asked this question must have been maltreated or embarrassed by this loan app which hasn't handled their business professionally with good customer care and human sympathy. 

How do you know a useless loan app? There are many ways you can get a useless loan app through their worse customer care. The way some loan app in Nigeria handles their customer can be very unprofessional. Some don't even answer your calls when you have issues, some abuse you when you fail to pay probably due to their site problem regarding payments, while some will disgrace you and give you unnecessary pressure by calling your contacts and telling them you owe them money and have refuse to pay. Is this good?

To stop Borrowing money from useless loan apps or loan websites, you need to consider so many things which are:

1. Check for reviews: You can get feedback on some loan apps with useless services through social media, through discussions on online forums, or through blogs that have shared their terrible experience with them. If you want to stop putting yourself into problems through some of these loan apps or websites like I did earlier, check for reviews before joining and providing information to these people. 

2. Google Play reviews: When people ask me about some loan apps or websites, I quickly check the company or app name on Google Play without downloading it at first. You need to check through the comments of people giving feedback to Google and this will help you get more information about an app before using this. 

I saw some comments about L Credit loan apps which are negative and I think such as should be regulated. So, don't forget to ways check for reviews from Google Play. 

3. Be Patient: I wanted to start a business online but the money I had wasn't enough to start, so I decided to borrow more money than it affected me. I know some people might find themselves in this situation where they believe is only to borrow money from this online loan app, why can't you wait a little, save more, and gather some funds. 

By the time these loan apps come with their problem, you will realize the reasons why you need to be patient and shouldn't have borrowed money from them in the first instance. So, try as much as possible to be patient and do not borrow any money from this website or apps.

4. Outrageous high interest and fees: Some of the reasons I'm telling you not to borrow money from these loan apps are due to their unnecessary fees and high interest which may harm you in repayment later. Imagine borrowing 20,000 to pay 25,000 only for 14 days like some apps like L Credit and Palm Credit do. 

These fees are too high and outrageous and not good for business. Which business can I do with this small money and pay back in 14 days? Please think about this before borrowing money from them. And the days for repayment are too short like 14 days, 7 days, and more. 

• Good loan apps that are reliable and fast in payment

5. Choose wisely: No matter the situation or condition that permits you to borrow, please choose wisely or try not to borrow any money from any app. Although you can still choose among some good loan apps but majority are useless and bad because they are not regulated by the government. 

6. customer care: Stop borrowing money from useless loan apps start with customer care. Some loan apps have very bad attitudes towards their customers, they don't pick up calls, they don't respond to messages and many are owned by humane people who have no pity or regard for borrowers. Try calling their customer care line or sending a message to their chat, email, or social media handle and wait for their response. This will tell you if it's really worth it to borrow money from these apps or websites. 

7. Social media: some apps or websites have social media platforms like Facebook or Twitter. So you check some of the comments from some of their users and you will get some facts from there. I was looking at a loan app where one of the users said she made a repayment which wasn't confirmed and they still added an overcharge and late fee on her account. Is that a good loan app?

These are some of the things you need to check which will go a long way in stopping you from borrowing money from some loan app that isn't worth it. Study the responses from customer care, choose wisely, check the high interest rates and fees, and also ensure you read Google Play reviews of the loan apps. Do this and you will be covered for not falling for useless and unprofessional loan apps. Thanks for reading.