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Vinay Bihar
Dec 16, 20212 min read
ED attaches Rs 76.67 crore of Chinese companies in instant loan app fraud cases
The Enforcement Directorate (ED) said in a statement on Tuesday that it had issued a Provisional Attachment Order under the Prevention of...
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Vinay Bihar
Dec 15, 20213 min read
Here's why you should be careful of instant loan apps
Google India recently evaluated and banned several personal loan apps from the Play Store that breached its user safety regulations....
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Vinay Bihar
Dec 14, 20212 min read
Multi-city Crackdown on Illegal Instant Loan Apps, 17 Arrested
Police raids in Hyderabad and Gurugram resulted in the arrest of 17 people as part of a multi-city crackdown on unlawful fast personal...
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Vinay Bihar
Dec 13, 20212 min read
Instant loan app scam: Don’t fall prey to unauthorised mobile apps, cautions RBI
The Reserve Bank of India has warned against taking out loans via unlicensed internet platforms or mobile apps that promise a quick and...
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Vinay Bihar
Dec 11, 20213 min read
Instant loan app scam: 17 arrested in Telangana, Delhi, Haryana after 3 die by suicide
According to The Hindu, 17 persons have been arrested in Hyderabad and Cyberabad in connection with an app-based quick microloan lending...
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Vinay Bihar
Dec 10, 20211 min read
Instant loan app scam: CID confirms that there is a China link
The Criminal Investigation Department (CID) is looking into allegations of data theft by rapid lending apps, and they claim to have...
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Vinay Bihar
Dec 9, 20212 min read
Google removes 100 fraudulent instant loan apps in India: Govt
According to the Ministry of Electronics and Information Technology, Google has removed about 100 instant loan apps from its PlayStore in...
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Vinay Bihar
Dec 8, 20212 min read
India: Instant-loan apps reportedly adopts abusive recovery practice, many companies China-owned
Chinese instant-loan apps have exploded in India. As lockdown hurts salaries, borrowers say they are threatened with violence and fake...
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Vinay Bihar
Dec 7, 20214 min read
The Minefield of Instant Loan Apps
Jatin (name changed on request) borrowed INR 15,000 from a micro-lending app last year because he couldn't keep up with his bills after...
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Vinay Bihar
Dec 6, 20213 min read
Instant loan apps arrests: What's the Chinese link?
Instant loan apps offer quick and easy loans with no collateral, but many such apps operate without any regulatory supervision. In fact,...
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Vinay Bihar
Dec 4, 20212 min read
Top apps that help you take an instant personal loan
There are moments in our lives when we unexpectedly require funds for medical expenditures, bike maintenance, or a friend's wedding. If...
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Vinay Bihar
Dec 3, 20213 min read
Google pulls trigger on instant loan apps
On Thursday, Google India removed many rapid lending apps from the Play Store for violating its user safety regulations, and it is...
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Vinay Bihar
Dec 1, 20213 min read
Instant Loan Apps: Here’s how to avoid online loan fraud
According to a recent estimate by the Reserve Bank of India, approximately 1,100 online loaning apps are available across various...
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Vinay Bihar
Nov 30, 20213 min read
Instant Loan Apps: Key Things to Keep in Mind to Avoid Loan Frauds Online
According to a recent estimate by the Reserve Bank of India, there are over 1,100 online loaning apps available in India across various...
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Vinay Bihar
Nov 29, 20213 min read
How instant loan apps are extorting borrowers in Telangana
D.S. Aravind, a Hyderabad resident, borrowed Rs 3,500 via an instant loan app in November, but after subtracting procedure fees and...
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Vinay Bihar
Nov 27, 20213 min read
Best Instant Loan Apps in India
Obtaining an immediate loan has become a simple procedure. However, only if you are aware of the appropriate company to contact. For...
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Vinay Bihar
Nov 26, 20212 min read
Google Cracks Whip On Instant Loan Apps In India; Regulates & Imposes New, Strict Rules
On July 28, Google issued its 'Developer Program Policy,' which makes the entire data management practises for users on Google Playstore...
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Vinay Bihar
Nov 25, 20213 min read
Explained: What is the instant loan apps case? How were victims lured?
After being ridiculed and bullied by telemarketers and recovery agents of a mobile app fast loan company, a Telangana Agriculture...
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Vinay Bihar
Nov 24, 20212 min read
I-T Dept raids instant loan app company; Rs 500-cr transferred illegally
The CBDT stated on Wednesday that a fintech company that provides rapid loans through a mobile app was found to have repatriated Rs 500...
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Vinay Bihar
Nov 23, 20214 min read
5 smart tips to avail of an online personal loan
When you have a lot of events to prepare, an online personal loan might be really helpful. You can take a vacation, have a party, improve...
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