Finance

List Of Loan Apps That Call Contacts And Send Messages To List Of Loan Apps That Call Contacts And Send Messages To Contacts

Some loan apps are fond of accessing your contacts and calling people within your contacts. This contact is found on your mobile phone. These contacts can be found on your mobile device. Whenever you are interested in collecting a loan, one of the requirements for these loan apps is that you have to make your contact eligible for access. Here are some of them:

ICoin

Sokoloan

LionCash

CashLion

Okash

EasyCredit

Oxloan

Ease Cash

Speedy Choice

FastMoney

GetCash

9ja Cash

Softpay

Rapid Naira

Monicredit

Ucredit

LCredit

Credit

PalmCredit

ForNaira

GoCash

Cashrain

KashKash

9credit.

How do these loan apps get access to my loan app?

These loan applications easily get access to your contacts without approval. They do this by asking you to accept permission to access your contact. They do this in the claim that they want to verify your contact and your identity. In this process, some fraudulent apps may use this as a medium to access your contact information. It is advised that you remove this permission from the loan app so they won’t be able to access your contacts.

Some of these loan apps even go as far as calling your contact in the event you don’t pay your loan. This article provides steps you can follow to access your contacts. Follow through:

For Android Devices

Step 1: Launch the settings app on your mobile phone:

This step is the first in the list. You have to open the settings app on your mobile device so that you can stop these loan apps from accessing your contacts. These contacts may be people that are very close to you. It can be quite embarrassing when a loan app calls your friends telling them about your loan amount.

Step 2: Click ‘App and Notification’

This step is quite important because this section provides you with the opportunity to get rid of loan apps accessing your contacts. After clicking the settings app, the next stage is to tap on the ‘App and Notification’ section of the app. In some Android devices, it can be found at the bottom of the page. In some, it can be found at the top of the page. However, do well to click on this section of the app.

Step 3: Click the ‘Loan app’

The next step is to click the loan app that sends messages to your contacts. After clicking the ‘app and notification’, do well to find the loan app that has been disturbing you. This app should be found in this section. When you find it, click on it and proceed.

Step 4: Click ‘Permissions’

Step 5: Turn off ‘Contact information’

iPhone Operating System- iOS Devices

Step 1: Open the Settings app on your iPhone device

Step 2: Click the ‘Loan app’

Step 3: Click ‘Permissions’

Step 4: Turn off ‘Contact information’

Why do loan apps need access to your contact?

1. Identity Verification

This is one of the reasons loan apps need access to your contacts. Your contact is very important because it helps the loan apps know you are a real person. The app can confirm the information you give it regarding your surety, social media accounts, and name. As a result,t most loan apps request permission to access your contacts.

2. Creditworthiness

Your creditworthiness is a very big criterion for granting loans. Your loan may not be given to you if you have bad creditworthiness. The loan app may analyze your contacts and see whether you have a good standing with other loan companies. It may also be accessed if you are capable of paying back the loan as soon as possible.

FAQ

Does Palm Credit send messages to your contacts?

Palmcredit contacts you using the mobile numbers you have provided as authorized by their Terms and Conditions.

Does Fairmoney send messages to your contact?

No. FairMoney does not send messages to your contact if you fail to pay their loan.

Does Okash have access to your contact?

No. Okash doesn’t have access to your contact.

Does the branch call your contact?

Late repayments will affect your ability to get subsequent or larger loans.

How do I stop the loan app from calling my contact?

You can stop them by reducing the permission you give them when you sign up for the account.

Conclusion

In conclusion, we have seen a list of List of Loan Apps That Call Contacts and Send Messages to Contacts. Be careful to bank with this app because the loan app would call your family members and embarrass you. Do well to lock all permissions on the app. Also, do not recommend this app to a third party.