Loan app News

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.

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.

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.

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.

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.

The man has been identified as Harish hanged himself on November 25. When Harish's grandmother reached home with milk, she knocked on the door for a long time, but no one opened the door.