Beware NO FEES con loans

Stay away from loan offers on social media. You can say - NO FEES. They will string you along assuring you of no fees then come up with the sting in the tail. One lot told me if we said there were fees you wouldnt apply. Damn right I wouldnt. Then she wanted R80 initiation fee and once that was paid another R150 immediately refundable disbur*****t fee. Trust me she said. These people are not registered with the NCR so you have no comeback. Also why pay an immediately refundable fee. No point at all. The NCA says repayment capacity should be determined during due diligence on the loan application. Please follow the NAME AND SHAME LOAN ****MERS GROUP ON FACEBOOK. Dont fall for no fees - oh sorry yes fees ****s. I have encountered the following: Initiation fees followed by Disbur*****t fees Insurance fees Pin code fees Repayment capacity fees