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    Date: 2023-02-10 14:37:29.792945

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    Date: 2023-02-10 16:13:44.356641

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Complaint against online loan app Kviku

Requested from SEC by E. Rodziewicz at 02:37 PM on Feb 10, 2023.
Purpose: Report harassment I returned the principal as per agreement but still wants to collect more.
Date of Coverage: 02/10/2023 - 02/10/2023
Tracking no: #SEC-662428441131

Rodziewicz 02:37 PM, Feb 10, 2023 

Hi. I would like to file a complaint against an online loan app named KVIKU.  Last year, I am checking this app and wanted to give it a try, and yes just one click without seeing the breakdown of fees and other payments, I was automatically granted a loan of 3k. But when they send me the contracts I was horrified, I wasn't informed or shown first what the loan and its breakdown About..I borrowed 3k and have to pay 1k+ per 14days (or twice a month with a total amount of 2k+) and this was payable for 4 1/2 months, so for the 3k principal, I have to return more 9k+..I am a victim of clickbait.


February 10, 2023

Dear Evelyn,

Greetings!

Thank you for your request dated Feb 10, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your request

You asked for Complaint against online loan app Kviku.

Response to your request

While our aim is to provide information whenever possible, in this instance this Office only allows the acceptance of government issued ID to enable us to validate your request.

Thank you.

Respectfully,
Isma Gonzales
FOI Officer

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