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 IST
Loan 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 IST
DNA: 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 IST
App-based loan extortion racket busted in Delhi, Chinese nationals were involved
The gang operated at the behest of Chinese nationals and the extorted money was being routed to that country through hawala and cryptocurrencies.
Aug 20, 2022, 22:35 PM IST
Beware! Stay away from THIS Chinese loan app, Rs 10 crore extorted, people harassed and threatened with morphed pictures
In a fake loan scam, a man was granted a loan of Rs 6,870 following which the accused persons started harassing him using his contacts and photographs stored in the gallery of his cellphone.
Jul 22, 2022, 14:56 PM IST
