Nicenaira - Loan Shark Review

Interest Rate	35%
Duration	From 7 days
Access Level	Public
Company Name	Nicenaira
Phone 1
Phone 2
Website or Store
Address
Category	Mild Loan
Company Email
Views	872

Step by step guide to break free from loan apps

About Nicenaira

Borrow Money Online with NiceNaira

Apply for a loan with NiceNaira today and enjoy flexible repayment terms with attractive interest rates.

Why Choose NiceNaira?

Loan Amount: Borrow up to NGN 200,000 based on your financial needs and credit rating.
Flexible Loan Terms: Loan durations range from 91 to 360 days. Annual percentage rate (APR) is between 12% and 30%. Service fees range from 6% to 24%, and monthly interest is 0.5%. No hidden fees, rollover charges, or transaction costs.
Secure & Transparent: Our platform is reliable, secure, and transparent.
No Collateral or Paperwork: Get approved without collateral or lengthy documentation.
Incentives for Timely Repayment: Repay on time to qualify for higher loan amounts and lower interest rates.

Example:

We offer various loan structures to suit your needs. For example, if you borrow NGN 20,000 for 3 months, with a 6% service fee and a 0.5% monthly interest rate (equivalent to an APR of 12%), you would repay NGN 21,500 at the end of the term.

How to Apply for a Loan:

Download the NiceNaira app and register using your phone number.
Fill in your basic information in just a few minutes.
Choose your desired loan amount and apply.
Submit your application and wait for approval.
Once approved, the loan will be deposited directly into your bank account.

Address:
16B Allen Avenue, Ikeja, Lagos, Nigeria

Expert Counsel

They’ll send SMS blasts to your contacts, claiming you owe them money.
Be ready for a flood of nasty WhatsApp messages if you’re even a day late.
Their repayment windows are ridiculously short—just 6 to 14 days—making it nearly impossible to repay on time.
Expect daily overdue interest rates between 5% and 7%, pushing you deeper into debt.
Once they’ve trashed your reputation, paying them back is pointless—they’ve already hit their goal.
Since they’re unlicensed, they can’t take legal action. Ruining your name is their only weapon.
Don’t borrow from other loan apps to clear your debt—it’ll only dig you into a deeper hole.
Use Truecaller to block their calls and protect your peace of mind.
The best way to beat loan sharks? Stop borrowing altogether.
Block them on WhatsApp and report them to both WhatsApp and Google Play Store to stop others from falling into their trap.

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Reviews

Agent message to users
From NiceNaira
We have seen that you are not willing to make your payment,The bureau department will be making calls to all your contacts in few hours time and Your BVN will also be blacklisted and your bank account confiscated in the next few hours time, if we don't get the payment by 4pm
- 12/10/2024
Agent message to users
Good Afternoon I am extremely sorry for this inconvenience I am hereby notifying that *(OLAYINKA FADIPE)* with the phone number (2348095068667)
She has been very deceitful when it comes to payment of her loan, By blocking agents, intentionally ignoring calls.
KINDLY REACH OUT HER BEFORE WE TAKE ACTIONS ON HER
Thank You For Your Assistance
*NICENAIRA*
- 11/3/2024