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Fake loan apps: What should investors do to protect themselves from these frivolous lending apps?

In fiscal 2023, there were 1,062 complaints against such lending apps. Google removed 134 fake loan apps from its Play Store in a week in September 2023 after series of complaints made against them. A dozen of those loan apps had one lakh downloads and 14 had over 50,000 downloads. ....

Neeraj Gupta , Lok Sabha , Al Jazeera , Branch International , Play Store , Personal Finance , Loan On Apps , Lending Apps , Digital Lending Apps , Fintech Apps , Fake Loan Apps , How To Protect Your Money From Frauds , Cyber Crime , Cyber Frauds ,

Google Pay launches consumer and merchant lending products, enables credit on UPI

The company said that it is collaborating with partners in the financial ecosystem, including banks and NBFCs, to create products aimed at addressing the credit gap in India. ....

New Delhi , Rajiv Anand , Axis Bank , Google Pay , Deputy Managing Director , Digital Payments , Lending Apps , Mobile Payments , Redit On Upi ,