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Loan apps
The deadly noose of loan apps
Every day, newspapers are full of disturbing stories of harassment and threats by loan recovery agents, forcing many into despair -- some tragically to the point of suicide.
01 October 2024, 22:38 IST
The deadly noose of loan apps
01 October 2024, 22:38 IST
BTech student dies by suicide in Telangana, kin allege harassment by loan app executives
The family members said that despite clearing the loans, agents from the app were harassing by calling other family members and relatives for repayment.
27 February 2024, 11:06 IST
BTech student dies by suicide in Telangana, kin allege harassment by loan app executives
27 February 2024, 11:06 IST
Instant loan app harassment: Organised racket continues to prey on fear
Since January this year, DH reported three such cases where the victims were blackmailed by loan sharks. In two of those cases, the victims claimed they never availed a loan and the sum was automatically credited into their bank accounts after they entered their details on the app.
25 February 2024, 00:25 IST
Instant loan app harassment: Organised racket continues to prey on fear
25 February 2024, 00:25 IST
How to protect yourself against loan app scams
Advertisements about such apps are rampant on social media.
15 February 2024, 22:24 IST
How to protect yourself against loan app scams
15 February 2024, 22:24 IST
Loan app agents harass woman with her and daughter's 'morphed' pics
Police officials confirmed that the calls' origins might be varied, as operators of such loan apps often utilise Voice over Internet Protocol (VoIP) for making internet calls and masking their IP addresses.
11 February 2024, 21:30 IST
Loan app agents harass woman with her and daughter's 'morphed' pics
11 February 2024, 21:30 IST
Harassed for 3 months, Bengaluru lecturer pays Rs 5.69 lakh for Rs 56.5K loan to app agents
Due to personal commitments, Prasad needed some money and on October 27, 2023, he downloaded Digital Bank and Money Pocket through links on Facebook after one of his friends suggested he use instant loan apps.
28 January 2024, 04:23 IST
Harassed for 3 months, Bengaluru lecturer pays Rs 5.69 lakh for Rs 56.5K loan to app agents
28 January 2024, 04:23 IST
Google takes down 17 loan apps for spying, fraudulent practices
When a person defaults on installments, the loan app developer illegally accesses the personal details such as photos, and videos, and threatens to share them on social media platforms.
08 December 2023, 05:17 IST
Google takes down 17 loan apps for spying, fraudulent practices
08 December 2023, 05:17 IST
CPI(M) MP targets banking system in Rajya Sabha as he raises issue of people falling prey to loan apps
To address this, he suggested that the government should expand small credit schemes through nationalised banks, strengthening the cooperative sector and promoting credit schemes through cooperative banks.
05 December 2023, 09:38 IST
CPI(M) MP targets banking system in Rajya Sabha as he raises issue of people falling prey to loan apps
05 December 2023, 09:38 IST
Fraud loan apps are thriving on social media platforms: Report
What cannot also be denied is that there is no regulatory norm which allows these fraudulent apps to function aggressively. Earlier this year, Google released the report on bad apps and data on loan apps.
22 November 2023, 11:19 IST
Fraud loan apps are thriving on social media platforms: Report
22 November 2023, 11:19 IST
Rogue loan apps add to Pakistan's financial pain
Since the Covid-19 pandemic, smartphone use has surged in Pakistan as elsewhere, making mobile-based lending apps more accessible
31 May 2023, 11:19 IST
Rogue loan apps add to Pakistan's financial pain
31 May 2023, 11:19 IST
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