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    QONEQT in News

    14-Oct-2022 11:26 AM


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    Dont Ignore These Red Flags Before Using Digital Lending Apps

    In recent years, a surge has been observed in financial fraud involving illegal digital loan applications.

    Once the borrower fails to repay the loan, the recovery agents often resort to harassment and blackmailing, which has driven people to suicide in several cases.

    Many digital loan apps are thriving illegally on app stores preying on desperate borrowers.

    Before using any loan app, consider the following points not to become a victim of any financial fraud: It has been seen that once you install these illegal applications, they request access to your personal data such as contact list, photo gallery, and camera.

    So, always avoid applications that you feel can compromise the safety and privacy of your personal data.

    If you are doubtful about the authenticity of any loan app, always go to a known bank or financial company to secure a loan.
    Source: NDTV
    #DigitalLendingApp