Fraud Instant Loan app (Now Loans)

Name of Complainant Kiran Kumar Jain D
Date of ComplaintDecember 26, 2021
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 Kiran Kumar Jain D:

I had borrowed money from a loan app called Now Loans and every time I borrowed I have paid it back. But now this time when I applied they dint even give me the money but where as they are calling me and harassing me to pay 8000, if not they are calling all my contact list and also every day they are charging an interest of 160 INR for the money which they haven’t given. I have written multiple mails regarding this to the company and there is no reply from them also been informing each and every person whom ever is calling me daily to pay the loan amount but every time they only harras you.

Worst part is that the loan interest rates are very high, they give us 4960 INR and in return we need to pay 8000 INR in 6days and if not they threaten people.

Kindly request you to take a strict action against this fraudulent company who are sucking blood of innocent people.

Image Uploaded by Kiran Kumar Jain D:

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