Fraud loan apps approving loans without consent

Name of Complainant Sainath Reddy Yekolla
Date of ComplaintJanuary 27, 2024
Name(s) of companies complained against ,
Category of complaint Cyber Crime
Permanent link of complaint Right click to copy link
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Text of Complaint by Sainath Reddy Yekolla:

I opened a application when i googled for low interest rates and low prepayment charges and got AMP CREDIT application in the results. When i entered the application only one option was there, that is get started, I only entered my details. It didn’t show any loan amount or tenure or interest rate. After I submitted my KYC it automatically showed 7 companies showing pending verification with no option to cancel and 3 of them accepted showing 4000 each with 7 day tenure and I got 2400 from one of them when I tried to repay immediately it’s showing 4000. The 3 Loan Companies in the application are SWIFT CASH, MB LOAN and KARTA LOAN

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