Indian Consumers Still Vulnerable To Being Tricked By Illegal Loan Apps: Report
Over 57 per cent of respondents reported checking the loan app's affiliation with NBFC or Bank as the most crucial verification factor, while 55 per cent said they consider reviews and ratings.
Apr 16, 2024, 12:16 PM ISTLoan App: Mumbai Woman Beautician's Morphed Nude Photo Sent On Phone After Taking Rs 10K Loan
As per a report in the Free Press Journal, a beautician from Mumbai had borrowed Rs 10,000 from an app called Everloan that she had bumped upon while browsing social media.
Apr 10, 2024, 12:41 PM ISTNearly 300 predatory loan apps circulating on Google, Apple stores: Report
According to cloud security company Lookout, these loan apps exploit victims' desire for quick cash to trap borrowers into predatory loan contracts and require them to grant access to sensitive information such as contacts and SMS messages.
Dec 02, 2022, 11:15 AM ISTDNA: Why the 'business' of Chinese loan apps is dirty?
An engineer committed suicide by hanging himself after killing his wife and two children in Indore. Chinese loan apps are responsible for this horror. Engineer Amit Yadav had taken a loan from these but he lost the will to live while trying to pay high interests on the loan.
Aug 25, 2022, 23:40 PM ISTLoan eligibility: Deciphering why it matters
Now that you are more cognisant with the concept of loan eligibility, it’s time to check it and apply for a quick loan from the instant personal loan app.
May 13, 2022, 15:25 PM ISTMan commits suicide in Delhi due to loan app? Know details
The man has been identified as Harish hanged himself on November 25.
Jan 12, 2021, 01:50 AM IST