Candywallet can not be flagged as a scam at the moment, after going through a lot of tests to see how reliable the platform is, finally the result was positive.
We didn't find any valid information to use against this platform called candywallet, however, there are still many things you must know before applying to get loans from the platform.
Candywallet is a Nigerian loan platform, as a Nigerian looking to get loans for your business or personal use, this platform could be one of the recommended to look forward to.
Things you should know before applying for candywallet loans.
1: Can not get more than ₦1,000 as a first time user.
Were you looking for a reliable online loan company to partner with and get enough loans for your business or even for personal use? Unfortunately candywallet might not be the right place for you.
We discovered that as a first time user of candywallet, it is very impossible to get more than 1000 naira loan. However, according to the company, the more you continue with their platform the more your chances of getting more loans increases.
2: High interest rate.
This is one of the thing you must have in mind before collecting loans from candywallet. Will you be able to pay 300 naira for 1,000 naira loan in just 3 days?
To use candywallet loan platform, you should be ready to face high interest rates because this was part of what we discovered about the loan platform during our research to find if it is safe for users.
3: failure to repay loan on time - embarrassment from agents.
If you are planning to be a user of candywallet then you must be ready to pay your loan on time, even before due date to avoid embarrassment from candywallet agents. We discovered that failure to repay your loans on time could result to your images being sent to all your contact that you're a defaulter. Have in mind that before you can get loan from candywallet a lot of your personal information will be collected including all contact on your device. According to what we discovered during our research, candywallet will send your pictures to all your contacts telling that you owe them if you fail to repay your loans on time.
4: ₦30 card binding fee.
Trying to connect your bank card with candywallet app will result to a 30 naira fee charged from your bank account. You should also note that the 30 naira charges does not qualify you for any of their loan offer. Even upon being charged the 30 naira, your loan application may still be rejected if you are found to be not eligible for their loans and there will be no refund of the 30 naira charged from your account if your application is rejected.
Important questions to ask yourself right now.
