Ring pay later fraud

Name of Complainant Raj jaiswal
Date of ComplaintSeptember 19, 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 Raj jaiswal:

My name is Raj
I have taken 500 credit from ring and my due date was 11/09/22 and I paid it on 10/09/22 in morning after that I unistall the ring app ( in thought that whenever I will nedd I will borrow it but just for seeing if my credit amount extend or not I installed the app when after that I was surprised to see that I have dues of 500 which I have not borrowed and when I saw ( Ankit kumar had tried two times but failed and Prince kumar got paid 500 and there transaction id is almost similar ( they are person whom I don’t know) then I called ring customer with fraud and they told me to wait for 24-48 hours they will connect but they never contacted me after that i have to pay 560 rs with overdue then my credit limit got up 1500 and ( due to fear of fraud I have to borrow it again from them they asked 10% of transaction charge which is 150 now I have to pay total amount 1650 . This app has lots of security issues and my covered is that it is showing Ring pay later is RBI registered app

Help me with the issue in earliest time.

Image Uploaded by Raj jaiswal:

Ring pay later fraud

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