Loan app fraudulent activity

Name of Complainant Narayan Redkar
Date of ComplaintFebruary 6, 2022
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 Narayan Redkar:

Some loan apps like lendmall shine loan, simpl loan, flash loan, are doing fraudulent activity they give loan only for 7 days and claim on app that it is for 91 days, as per rbi guidelines no app is allowed to give loan for so short period also they charge a very high interest, they hack the phone and threaten to call the contacts and use abusive language.

Image Uploaded by Narayan Redkar:

Loan app fraudulent activity

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