This Norwegian company (Wakoloni kabisa) provide loans at very high interest rates. Failure to pay loan on time they charge exopitant intrest rates. My experience with them has been horible, I have to pay twice the amount I borrowed for a one week delay, tried to contact them via mail and phone to no avail. Na the Covid situation surely.
Avoid them at all cost if you can. They have two apps OKash and OPesa.
But why fret if you don’t have money don’t pay them? They can’t list you, don’t have your address and even if they did they can’t legally take anything from you since the loan was not secured. It’s currently a borrowers market. Enjoy it while Corona lasts.
Read about the duplum rule. You cannot pay more interest than the principal. So, if you borrow 5k, you can never pay more than 5k in interest. Therefore, if you are a peasant, defaulting is always the best option regardless of the accumulating interest. That interest is capped regardless of the terms you agreed to when taking the loan. Better still, stop using such applications ni za peasants.
:D:D:D Okash ni wale hutangazia contact list yako ati umeshindwa kulipa deni? So jitayarishe for aibu kidogo tu, na hiyo pia itaeleweka juu tuko COVID-19 season. After that itakua vitisho za oh we’ll send auctioneers, sijui skiptrace but itakuwa tu hot air.