Fake Loan App

Name of Complainant Rayon Stanley
Date of ComplaintJune 15, 2023
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
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Text of Complaint by Rayon Stanley:

QuickMoney App is a fraud app, what they do is they give promise to give you credit and disburse only 50% of the loan approved and charge the later 50% as disbursement fees. And once you repay the money it automatically provides you loan of a higher limit and the same process 50% disbursement fees. I’m not sure how to get out from this trap cause I have contacted the customer care, they reply back that you cannot cancel your request. I read comments and got scared and uninstalled the app, later it’s not available on playstore.

Image Uploaded by Rayon Stanley:

Fake Loan App

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