What happens if you don’t pay branch loan?

Read all about what happens if you don’t pay branch loan

Branch loan app is a platform that offers instant loan of up to 500,000 naira without any collateral or documentation.

Branch loan offers favorable interest rates and gives you sufficient amount of time to repay your loans. The app is available in Nigeria, Kenya, Mexico, India and Tanzania.

To get a loan on this app, all you have to do is download the app, register by providing all the required details and request for a loan.

If you want to know what happens if you don’t pay branch loan, then you will need to continue reading this post.

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Let’s get into it then…

About Branch loan?

Read my post on how to stop loan harrasment

Branch loan app is a platform that offers instant loan of up to 500,000 naira without any collateral or documentation.

Branch loan offers favorable interest rates and gives you sufficient amount of time to repay your loans. The app is available in Nigeria, Kenya, Mexico, India and Tanzania.

What happens if you don’t pay branch loan?

We have all heard stories of loan apps harassing customers who fail to pay back their loans by sending threatening messages and also spreading lies & rumors about them to their friends and families in a bid to get them back to pay back their loans.

A late fee of 6% can be charged on the outstanding loan repayment amount for some loans. If you are very late on your payments, Branch may report to the National Credit Reference Bureau (CRB). Being listed with the CRB will block you from getting access to loans from other lenders and may also affect your ability to get a job with certain employers.

Paying your loans on time will give you access to higher loans in the future, so you should always make sure you take loans that you can pay back.

Branch loan customer care

You can contact branch via the following channels:

Email: nigeria@branch.co

Instagram: https://instagram.com/branch_ng

Facebook: https://facebook.com/branchnigeria

Twitter: https://twitter.com/branch_ng

Conclusion

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