Predatory Loan Apps
- All
- News
-
Zerodha's Nithin Kamath Warns Against "Shady" Loan Apps, Shares Key Red Flags
Founder and Chief Executive Officer (CEO) of Zerodha Nithin Kamath recently warned his followers about the alarming rise of predatory digital lending apps that demand extensive access to users' personal information.
-
SpyLoan Malware Apps Used to Blackmail, Extort Users Using Personal Data Detected on Play Store
SpyLoan malware has been spotted on the Play Store over the course of this year and removed by Google, according to details shared by ESET researchers. They are designed to collect vast amounts of information from a user's device when they borrow money, only to blackmail and extort them into repaying the sum with high interest amounts within a shor...
-
Opera Offering Predatory Loans via Android Apps: Hindenburg Research; Company Responds
Opera -- the maker of a popular Web browser for Windows, Android, and iOS -- is allegedly offering predatory loans through four Android apps aimed at India, Kenya and Nigeria (CashBean, OKash, OPay, and OPesa) that appear to be in direct violation of Google Play Store policies, forbidding predatory loans and deceptive descriptions.
-
Google Play Store Shuts Out Payday Loan Apps
Aiming to fight predatory loans better, Google has banned Play Store apps with 'deceptive or harmful' personal loans where the annual percentage rate was 36 percent or higher.
-
Zerodha's Nithin Kamath Warns Against "Shady" Loan Apps, Shares Key Red Flags
Founder and Chief Executive Officer (CEO) of Zerodha Nithin Kamath recently warned his followers about the alarming rise of predatory digital lending apps that demand extensive access to users' personal information.
-
SpyLoan Malware Apps Used to Blackmail, Extort Users Using Personal Data Detected on Play Store
SpyLoan malware has been spotted on the Play Store over the course of this year and removed by Google, according to details shared by ESET researchers. They are designed to collect vast amounts of information from a user's device when they borrow money, only to blackmail and extort them into repaying the sum with high interest amounts within a shor...
-
Opera Offering Predatory Loans via Android Apps: Hindenburg Research; Company Responds
Opera -- the maker of a popular Web browser for Windows, Android, and iOS -- is allegedly offering predatory loans through four Android apps aimed at India, Kenya and Nigeria (CashBean, OKash, OPay, and OPesa) that appear to be in direct violation of Google Play Store policies, forbidding predatory loans and deceptive descriptions.
-
Google Play Store Shuts Out Payday Loan Apps
Aiming to fight predatory loans better, Google has banned Play Store apps with 'deceptive or harmful' personal loans where the annual percentage rate was 36 percent or higher.
