Money Making Coin Box Is it Safe or Scam?
Actually he is not a money-making application, but an online loan application without collateral. So it is not a place to get free money, we are only given a loan.
Within the specified time, it must be repaid with the amount of interest that you agreed upon before handing over the loan money.
Even so, there is 1 way to earn money here. Namely by inviting friends. Per invitation, it will be priced from IDR 8,000 to IDR 1,000,000. That’s what they said.
Money-Making Coin Box App Review
Currently, there are many applications for borrowing money online without conditions, many are scattered on the internet. Each of them has advantages and disadvantages, so not all online loan applications are good. You need to be selective in choosing it.
The Coin Box itself, he said, had obtained permission from the OJK and was registered with AFPI. So far, it’s pretty safe to use, however, don’t get caught off guard.
We need to understand their system, because we already have the OJK permit, so it’s easy to believe that. We must remain careful.
Disadvantages of Money Making Coin Box App
This application is already available on the PlayStore, has been downloaded by more than 100 thousand times, has received a rating of 4.6 out of 5. The rating is quite good, but the funny thing is that the contents of the comments / reviews of users are mostly very dissatisfied with their services.
The following are some of the shortcomings of the Coin Box that I gathered from the dissatisfaction of users who have used this online loan application without collateral:
- Disadvantages 1: The system in Coin Box is weird. There are users who claim that they have not applied for any loans, but suddenly the money has been transferred. If the loan is not repaid immediately, our personal data will be distributed to the contact-box that we registered when registering this application. It will also be reported to the authorities.
- Disadvantages 2: The interest is very large, especially the interest if you are late paying. According to one user review, late paying for just 1 day the interest increased to IDR 300,000. This is based on a user case example. Not necessarily every late payment is required to pay several hundred thousand. The nominal varies, so not all of them are IDR 300,000.
- Disadvantages 3: The payment tenor is unclear. Is it a mistake to use it because you don’t understand the agreement or the Coin Box system itself is fickle? Strange.
- Disadvantages 4: The data that we register in the Coin Box is at risk of being misused by the Coin Contact. Very dangerous, many users are afraid of this. Manalagi we can not delete the data.
- Disadvantages 5: This loan application will spam without stopping when we are close to the payment due date. This is actually not a natural thing to happen, because we have not been late paying. But the billing method has spammed our contacts here and there. Even though we have not yet matured, only a few days before the due date.
- Disadvantages 6: It is said that it is registered with the OJK, but the way it works is not like a professional body. There is too much coercion, the time for payment is also changing, it is not yet due but has been billed, and there are too many threats.
For other shortcomings, please read for yourself in the Coin Box application directly. Almost all user reviews contain complaints. After reading it, you will know for yourself whether it is worth downloading or not.
How to Download and Register the Money Making Coin Box App
Go to this link to download it via PlayStore.
After the application is installed, then register. Fill in all the forms provided, enter your personal data correctly, this includes: your name, emergency contact, WA contact, your friend’s contact, your family’s contact, your neighbor’s contact, photo ID card, NIK and others.
They need our personal data as much as possible so that they can easily threaten us if we are late in making payments.
How to Earn Money in Money Making Coin Box App
How to get money in the Coin Box can be done by applying for a loan or inviting friends. Here I will give a tutorial about earning money by inviting friends.
The problem is that if you borrow money, it’s not our money, but borrowed money.
- Open the app
- Go to the account section
- Look for the ‘Invite Friends’ option
- Then copy the code or link provided
- Share on social media so people can reach it more easily
- The commission will go in if someone registers using your code or link
Loan applications are currently widely circulated, not even a few people are in debt so that they end their lives because the debt from the loan application is getting bigger.
