Chinese Lending Apps

Small loans of up to Rs 50,000 have grown 86 percent between March 2019 and March 2021 amid the proliferation of digital lenders. Apart from making credit easily accessible through technology, digital lenders must think about being transparent.

Tapping an app for a loan? Beware of these fraud traps

If you are applying for a loan from a digital lender, know the multiple risks involved. Before installing the digital lending app read user reviews, know the charges and terms.

MHA asks states, UTs to take urgent action against predatory Chinese lending apps

In a communication to all states and Union territories, the home ministry said the issue has caused a serious impact on national security, economy and citizen safety.