Indians facing extortion and data misuse in droves by illegal loan lenders!
Indians facing extortion and data misuse in droves by illegal loan lenders! Indians are more likely to adapt things that are readily available. We understand the need for money when consumers are stuck in a huge façade of financial crisis. Instant money, or as we like to call it, ‘LOAN SHARKS,’ is a way of […]
Loan app scam: New way to fool people this festivities
With the upcoming celebration of Ganesh Chaturthi in Mumbai and other parts of the country, it is getting excited and thrilled. However, there is still a haunt of loan app scam fooling people into taking loans from illegal apps for the celebration of Ganesh Chaturthi. Recently, a news story was highlighted like any other. A […]
The Chinese loan lending app: defrauding borrower’s financial data?
An instant loan app can seem like an easy solution when you urgently need money. But not every lending app is legitimate. Some unauthorised loan apps may collect excessive personal information, impose unclear charges and use aggressive recovery practices. The Reserve Bank of India (RBI) has created a public repository of Digital Lending Apps (DLAs) […]
Illegal loan apps rackets: Mumbai police seized 211 SIM cards & 39 phones
Recently, it has come to light that many illegal loan apps are operating too many cyber rackets and fooling people by giving them high value instant loans. As a result, they are being harassed by these criminals for the repayment of loan with heavy interest rates. Mumbai police busted an illegal loan app racket recently, […]
Illegal loan apps lending are blamed for suicides in India
During the COVID19 pandemic, the digital revolution in India led to the emergence of financial requirements which increased the demand for loans. With an increase in lending money from illegal loan apps to gullible people, there have been some serious matters, such as suicides and even job losses due to illegal loan apps harassment. Recently, […]
Illegal loan app goons making harassment calls
As people struggled to make their ends meet during the COVID pandemic, an army of illegal loan app by emerged under the grab of mobile apps. They attract people with their USP: Instant loan. But It turned out to be the beginning of hell to the borrowers, who are impact to harassment in countless ways […]
How to Get Out of Credit Card Debt in India
“How Bad Is Credit Card Debt?” – A question everyone has been researching. A credit card is a useful tool for managing your money in times of need. You can use it to get access to money, buy things, and then pay it back later. The best aspect is that credit cards are widely accepted […]
How loan recovery agent harassment tactics works?
The purpose of this article is to help you understand how loan recovery agent harassment works! It describes the adaptation of harassment by recovery agents to collect payments owed by debtors and how to handle such harassment. Recovery agents are the people hired by a bank or other financial institution in order to collect the […]
Develop Financial Discipline To Pay Off Debt Fast
With financial discipline, you can achieve big goals faster than with a one-off savings plan. If you stick to a budget and skip the necessities like your morning latte or an expensive new pair of running shoes, you can achieve your financial dreams in a lot less time than you imagined. Every time you put […]
6 ways to repay your debts
How to repay your debts? When you know that your debt is now out of control, whether from medical bills, shopping sprees, or unwanted expenses, it causes problems that affect your emotional as well as physical health. Though you might feel stressful about tackling any debt in same way: one step at a time: Here’s […]
