| Name of Complainant | |
| Date of Complaint | April 17, 2022 |
| Name(s) of companies complained against | Bright, credit hub, loan bay and many more, Loan Cube, rupee smart, Shine |
| Category of complaint | Cyber Crime |
| Permanent link of complaint | Right click to copy link |
| Share your complaint on social media for wider reach | |
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I had taken loan from these apps to survive during the pandemics. Their interest rate is so high and the time period to repay is only 7 days but they start harassment from day 6. Inorder to pay them back I took loans from other apps and then to pay them i took loan from some other apps. Thus my journey towards hell slowly began. I started falling into their loan death trap as they used to abuse my wife and family. I have the bank statement to prove that in few days i had paid them more than 7 lakhs, where as i had only got around maybe 3 lakhs or so from them. I am completely broken and shattered. Now I have no money left to pay anyone.Their interest is so high that you just fall into the trap. If you borrow Rs 17000 from them then in 6 days you have to pay Rs 30000. This is absolutely fraud. Apps like Loan Cube, Credit Hub, rupees land, Hoocash, Rupee Smart, Bright loan, Shine and many other apps like them ruined my life. I even thought about s@uicide, that’s the extent they have shattered my life. I can’t face my family, friends or office colleagues. I would request you to kindly take action against these kind of apps so there ain’t any more like me to fall into their death loan traps.
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