| Name of Complainant | |
| Date of Complaint | January 8, 2022 |
| Name(s) of companies complained against | Mpokket loan application |
| Category of complaint | Internet Services |
| Permanent link of complaint | Right click to copy link |
| Share your complaint on social media for wider reach | |
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I student loan app called MPocket, This application is RBI registration app shows all the rules of RBI while giving loan, but it does not follow the rules . You may know that college students go to big colleges In big cities Students need money to study in big cities.This is when most students take out a mpocket loan.But interest rate for this pickle is 10% p.m
Students take salt but cannot return it due to high interest rates.And not only that sir, for example, if you have taken a loan of one thousend rupees and want to repay it in a month and you have not repaid, then one day’s penalty charge is eight rupees.
Sir the students take the pickle and get caught in the trap. not only that, If you do not return, you are called three to four times a day, and if you do not return the two you took, you are threatened with action.
Mental distress is caused by calling three to four times a day.And on the phone it is said that they will come to your house and take you away.Students go into depression for fear that their parents will find out.And wandering meditation from their study.
Sir I hope you will take legal action to change this application.Sir, I have a lot of faith in you.
Thank you sir.
