Fake online loan apps strive to regain lost customers and make new ones

The Reserve Bank of India recently blacklisted about 130 fake loan apps

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Most of these apps are of Chinese origin who lured customers with low rate of interests and easy repayment options

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Many of these apps are now identifying customers and crediting loan amounts between Rs.5,000 to Rs.10,000 on an average and Rs 2 lakh in some incidents

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This is done neither on the request of the customer nor with their permission

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Once credited, they start harassing their victims online with threats of tarnishing their image

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