Online lending companies with 30 percent service fee deduction and 7 percent daily interest on addition on days unpaid

Name of Complainant Sarrah ulibas
Date of ComplaintSeptember 3, 2023
Name(s) of companies complained against
Category of complaint Cyber Crime
Permanent link of complaint Right click to copy link
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Text of Complaint by Sarrah ulibas:

I have tried lending cash from mocamoca and pesohere. They made my life miserable. I wont use these platforms ever again.

They will deduct 30 percent service charge from your loanable amount payable for just 6 days. If you are not able to pay on your due date, it will accumulate another 7% interest daily and they will harrass you with unending calls and texts. Several lending companies will have access to your number and try to call you for loan offers. Is there any legal action or law that will stop these kind of scams? Please help

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Online lending companies with 30 percent service fee deduction and 7 percent daily interest on addition on days unpaid

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