55 loan apps launched again, they are doing scams like this, it is better to stay away from them

The Chinese Loan Apps gang has become active once again. The government and Google are banning these loan apps from time to time but they are coming back again. Once again around 55 Chinese loan apps have returned. This information has been given by CloudSEK. According to the report, these loan apps are blocking people by taking their personal information and loan processing fees.

The report says that about 55 apps have been released through Google Play Store, APK files and other third party platforms. These apps are being operated through 15 Chinese payment gateways. Apart from China, these loan apps are also being operated from countries like Indonesia, Malaysia, South Africa, Mexico, Brazil, Turkey, Vietnam, Philippines and Colombia, so that the Indian government does not ban these apps in the name of China, however. The names of these apps have not been revealed.

The whole game is going on like this
This time Chinese cyber thugs have created fake loan apps. The work of these apps is not to give loans to people, but to steal their personal information. The first thing is that these loan apps are working completely illegally.

After taking Aadhar Card, PAN Card and bank information from people in the name of giving loan, these apps are blocking their app accounts. Later, you will be blackmailed in the name of your own personal documents. It is better that you do not take loan from any app. The claim that these loan apps are headquartered in Tamil Nadu is a blatant lie.