Business ProfileforMakwa Finance

BUYER BEWARE. Firstly, I am not complaining about the loan agreement or the incredibly inflated interest rates Makwa charges. They don't force you to take a loan with them nor sign on the "electronic line". You must make sure you understand the interest charges.Neither am I complaining necessarily about customer service persons.I sincerely warn anyone that chooses to enter into a loan contract with Makwa Finance to save all communications and/or screen shot all transactions including any changes in the payment, schedule, etc, to document discrepancies or regular correct transactions posted. If you have communication via their Chat, request that they email the copy of that conversation to you. Yes, they have that ability. If they say they can't, Screen Shot it.I would even suggest that you inform them that you will record phone conversations concerning discrepancies on your loan account.I will explain briefly that the first 4 months of the loan experience was fine. After a computer system update however that created issues with my account and other's If you read the complaints about payment issues with Makwa, there have been issues with payments since. The discrepancies were on their part but it was a Battle for them to correct the first issue as they seemingly didn't want to admit fault. The second time was again an obvious issue with their computer system and withdrawing money from my account and again I could prove that it was their system. I was so disgusted with the situation, I reached out to companies I owed and after explaining my dilemma they differed payments for a month so I could pay off my loan with Makwa. ALSO! Make sure that they post to atleast one of the Credit Bureaus. Six months and they (Makwa), still aren't on the CB site at all. I will be filing a complaint with the ******** ********* ********** *******