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HYDERABAD: TRS MLC Kalvakuntla Kavitha has come forward to help the family of G Chandramohan who recently committed suicide on January 2 due to the harassment of a Chinese loan application. She met with family members on Sunday and…

Time is precious, as is a timely loan to meet various demands. When faced with an urgent need for funds, the best way to fill the void is not to dip into your savings, but to apply for a loan through the lender's website or a instant…

(Yonhap)South Korean securities firms generated nearly 1,000 billion won ($ 904 million) in profits from interest paid by individuals who borrowed money to invest in stocks last year, according to data provided Sunday by the Korea…

Cops say such a flaw exposed the bank's Know Your Customer (KYC) mechanism. | Photo credit: BCCL Highlights!--component_10>…

Those who opt for loans through Chinese apps - referred to by that name…

Express news service HYDERABAD: It has been a month since Gujja Chandramohan committed suicide following harassment by executives of instant loan application companies. His widow, Saritha, 32, still struggles to come…

After reports of suicides for defaulting on their debt began to surface across the country, police took action and accelerated the investigation into the racketeering of online loan applications. Just yesterday, the Telangana High Court…

The Hyderabad, Cyberabad and Rachakonda Police Stations investigating alleged financial irregularities by instant loan application companies held a meeting on Friday with the task force appointed by the Reserve Bank of India to define how…

HappyPera is a Filipino technology and financial services company. We provide safe and easy online cash loans for Filipinos to help every Filipino solve their financial problems.ProductionLow interest rate and flexible repayment.Loan…

Hyderabad: A month after Telangana police began cracking down on illegal instant loan applications following the suicide of five people, the investigation revealed a deeper Chinese connection to the scam.…

ANI | Update: 23 Jan 2021 12:47 STI Hyderabad (Telangana) Jan. 23 (ANI): Three people, including the director of an…

Hyderabad: Three people, all senior executives of companies that operated illegal online instant loan apps, were arrested by Cyberabad police on Friday in connection with the alleged suicide of Chandra Mohan, a supermarket employee who…

Three are from different companies that offer loans through mobile phone apps Three people, including the director of an application-based instant loan company, were arrested by Pet-Basheerabad police on Friday in connection with…

Several complaints about fraud in online loan applications have been registered across Kerala.A special team from the state's criminal branch will investigate online loan application scams in Kerala. The team is headed by an IG rank…

Having enough savings is essential in order to manage your finances well. However, not everyone has readily available savings. When you need cash but don't have enough savings, getting a loan is the answer for you. You can either use a…

Nearly two months after the death of a soap opera author suicide due to alleged bullying by loan sharks on mobile apps, his family received threats about loans he either never took out or repaid in full. Charkop Police have now registered…

In their ongoing investigation into instant loan applications, Rachakonda police arrested another Chinese national on Wednesday. The 26-year-old Chinese national, identified as He. Jian, alias Mark, is from China's Jiangxi Province. He…

Police in Visakhapatnam town on Monday arrested a loan collector for playing a key role in the reported suicide of 25-year-old Mandava Ahalada from Gajuwaka. The arrest was identified as Goutham Mule, based in Pune, working as a loan…

Express news service KOZHIKODE: Cash-strapped Rohith (name changed) from Kozhikode borrowed 10,000 rupees from a Chinese app-based lender for six days in April last year. He had to repay Rs 21,000, including…

A large percentage of instant loan applications have the same software backend, but a different frontend brand. Chinese investors then bring these applications to India with proxy administrators.Bhumana Prasad, a resident of Hyderabad,…

Another case of suicide due to harassment by unauthorized digital lending mobile apps was reported in Telangana on Friday. In Rajanna-Sircilla district, a 24-year-old man ended his life by hanging from a ceiling fan. This is the sixth case…

While tracing the contacts, the CCB team arrested S Manoj Kumar, SK Muthukumar who ran Azacus Techno Solutions Pvt Ltd, Jagadeesh, a distributor of Vodafone, and Sijahudeen, director of territory sales for Vodafone. Two Chinese nationals…

The ED has put under its scanner the alleged fraud cases of instant loan sanction via mobile applications, recently reported from Telangana and Tamil Nadu, as part of its investigation into money laundering in a betting scam in line set at…

HYDERABAD: The Directorate of Law Enforcement (ED) said on Sunday that it had registered a case of money laundering in the instant loan app fraud cases recorded by Telangana police so far . ED officials said it has taken over FIRs set…

The Chinese nationals ran the call center with the help of the two Indians. (Representative)New Delhi: The ED has put under its scanner suspected cases of instant loan sanction fraud via mobile apps, recently reported by…

₹ 21,000 crore involved in 1.40 cr. transactions The investigation into the harassment of borrowers by app-based instant lending companies widened with Hyderabad police enlisting financial experts and data…

HYDERABAD: Another person committed suicide in Hyderabad on Saturday, allegedly after being harassed by debt collectors from instant loan finance apps. G Chandramohan, 36, who worked in a warehouse, was found hanged at his home in…

Two Chinese nationals and as many Indian nationals have been arrested for allegedly operating instant loan apps in Chennai, police said on Saturday. The investigation, based on a complaint, found that the main defendant was operating from…

Hyderabad: A man committed suicide in Petbasheerabad in Hyderabad on January 2 after falling prey to fraudulent instant loan applications. Police said G. Chandra Mohan had taken almost Rs. 1 lakh from various instant micro-loan…

Hyderabad: It turns out that the majority of the victims of the loan application scam are well-educated individuals and IT professionals. Police said they wrote to Google urging it to remove 158 instant loan apps from the Google Play…

BENGALURU: Detectives from the Central Crime Branch (CCB) investigating allegations of extortion and blackmail racketeering carried out by companies promising instant loans via mobile apps have arrested three staff members of one such…

HYDERABAD: CP Shri Sajjanar of Cyberabad Police has asked everyone not to download any instant loan apps from play store. Following the 'Instant Loan' apps scam, police investigated the matter and received numerous complaints over the past…

Investigations into the mobile app lending racket busted by CID revealed that the defendant not only harassed and threatened customers who failed to pay interest or loan repayments, but also hacked into their cell phones, including…

Hyderabad/IBNS: Hyderabad Police have busted a multi-crore money lending scam, run through multiple apps, which charged its targets up to 35% interest and allegedly racked up Rs 423 crore in 75 banks , which were seized for…

A Singapore-based Chinese national is a mastermind behind the instant loan application fraud that has attracted several people in Telangana and elsewhere. App companies charge high interest rates (up to 35%) when providing short-term…

3 centers in Hyderabad employed nearly 600 pagers; these companies received instructions from their bosses in Jakarta In swift action, police in Hyderabad and Cyberabad on Tuesday arrested 17 people, including several heads of…

3 centers in Hyderabad employed nearly 600 pagers; these companies received instructions from their bosses in Jakarta In swift action, police in Hyderabad and Cyberabad on Tuesday arrested 17 people, including several heads of…

HYDERABAD: A law student has filed a complaint with Saidabad police alleging that the organizers of the money lending app harassed him by sharing transformed photos of him and his mother, calling them cheaters after that he was unable to…

A man from Saidabad approached police on Saturday evening, alleging harassment, public humiliation and threats from an app-based instant loan provider. The victim, Sai Aravind Dauluri, a resident of Singareni settlement in Saidabad, told…

Credit is tight this winter, which partly explains the movement seen in PYMNTS' latest ranking of personal loan application providers. As small businesses and consumers seek infusions of capital for a variety of purposes, from buying gifts…

Tribune press serviceShimla, December 5 Cybercriminals trick innocent people, who are in dire need of money in the wake of job losses due to the Covid-19 lockdown, by offering them quick…

Cash loan disbursements in just 1 minute To make the overall customer experience more seamless and convenient, Home…

Taking out a cash loan is a common way to help cover major expenses. These expenses could be for a car, or you need to pay for school, and it could be to cover an advance on your paycheck so that you have the money you need.…

CashJeep is an online loan service aimed at helping Filipinos improve their lives. We are committed to providing fast, quality and convenient service anytime, anywhere.Not all trips have a defined reward. But at CashJeep, we assure you…

The Buddy Loan mobile app - currently available on Play Store - has just received a major update. Now, the app not only allows users to apply for a personal loan in the most seamless way, but also…

Eduardo del Rosario, Secretary of the Department of Human Settlements and Urban Development (DHSUD)…

In order to facilitate and expedite loan applications, Pag-IBIG Fund has enhanced its online service portal to accept applications for its cash loan program. According to senior agency officials, several enhancements were made to…

KEY POINTSCoinbase will soon offer cash loans to its usersHe will hold the client's Bitcoin as collateral for the loanThe company said it would do nothing with the guaranteeCryptocurrency exchange Coinbase has said it will start offering…

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Small businesses that still need a quick buck to help them get through the coronavirus pandemic can no longer rely on the Small Business Administration's loan advance program.The coveted program, which provided immediate help to businesses…

The Reserve Bank of India (RBI) restrictions on lending apps come at a time when questions are being raised about…

BANGALORE - Mrs. Chetna Kadu panics every time her phone rings. For three months now, she has been receiving calls from unknown numbers at all hours of the day and night and her WhatsApp is inundated with non-grammatical messages in all…

Resistance by BMC employees to receiving hard copies of documents submitted by the general public during the Covid-19 pandemic is likely to cause more than one million street vendors in Mumbai to lose the benefits of the loan-to-credit…

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Chris Laverty, Trevor O'Sullivan and Helen Dale of Grant Thornton UK LLP were appointed on March 30 as joint directors of parent company Caversham Finance Ltd (CFL), which is the holding company of Brighthouse, the purchase with option to…

OTTAWA (Reuters) - Canada nearly doubled the value of an aid program to help individuals and businesses cope with losses from the coronavirus outbreak, with Ottawa distributing more money than expected, said Finance Minister Bill Morneau…

Just like your family budget, cash flow can be a problem for small businesses. And there is no shortage of lenders to offer quick and temporary financial assistance. Rick Hagen signed up with one of them to help him manage…

Easybuy is a mobile device finance platform operated by Palmcredit, consumer credit company. With this platform, users can buy mobile phones and other devices on credit and repay in more comfortable monthly installments. Smartphone prices…

IF YOU purchased furniture and appliances in the courts and paid for them in cash, you will not…

Financial emergencies can arise at any time and you may need instant funds to deal with them. One of the best ways to get immediate cash is to take out a personal loan. The banking and finance sector has grown…

The government is reducing the limit for accepting and repaying cash loans to 10,000 rupees in total; expenditure limit in total also reduced…

The Securities and Exchange Commission (SEC) has ordered online platforms Peso Tree, Pesoalo and Pinoy Cash Loan to stop offering loans to the public without the necessary licenses. The SEC en banc issued the order on Jan.21,…

Online lending companies ridiculed debtors and charged sky-high interest rates, says Securities and Exchange Commission MANILA, Philippines — The Securities and Exchange Commission (SEC) has ordered the closure of…

Shivani Siroya, an Indian-American entrepreneur, is the mastermind behind App Tala Loan (originally InVenture) which operates in Kenya, Tanzania, Philippines, India and Mexico.The lending app was launched in the country in 2014 as a Mkopo…

Kenya's progressive regulatory environment and high levels of financial inclusion make it one of Africa's fintech leaders. Over 60% of Kenyans own a smartphone and more than one in four (27%) have taken out a digital loan. The Central…

If you were heading to a loan mela - much like a typical fair under a ceremonial tent - with a penalty and on-the-spot disbursement in mind, you were wrong. On the first day of the mega-deployment, more than three decades after…

A payday loan app backed by rap legend Nas is under scrutiny from regulators in 11 states and Puerto Rico for practices described by Forbes as "predatory".To earn was valued at more than $800 million, but drew scorn from state officials…

ATLANTA, GEORGIA - AUG 26: (EDITOR'S NOTE: Image has been converted to black and white) Rapper Nas... performs in concert during 'The Royalty Tour' at Cellairis Amphitheater in Lakewood on August 26, 2019 in…

According to a report from FinancialTimes. A Santander-owned FinTech app called Asto will start offering loans to around 200,000 small and medium-sized enterprises (SMEs) through eBay in the UK by the end of the year. Asto may use eBay's…

Families are warned of a new scam that unwittingly registers them for universal credit, then leaves them penniless. Police said agents at Trading Standards had been made aware of the scam, which is said to operate across the UK. What is!-->…

Through Rasheela Basheer - May 21, 2019 1:58 p.m. The Delhi Bench of the Income Tax Appeals Tribunal (ITAT) ruled that the cash loan received from the parents and the brother of the appraised for the purchase of the house for the…

A FE Credit staff member presents financial packages to a client. (Source: VNA) Hanoi (VNA) - The Vietnam Chamber of Commerce and Industry (VCCI) suggested the State Bank of Vietnam (SBV) is reviewing a proposal to limit personal loans…

NOTAIROBI, KENYA: Are you a merchant and are you planning to offer your goods or services on credit to your friend, neighbor or family member? You have to think twice. A new survey by Kenya's Central Bank and National Bureau of Statistics…

Banks lend cash loans to businesses based on their creditworthiness, which is determined by their current assets and liabilities.Access to credit is an essential condition for any business, regardless of its size. Whether paying wages for…

Most fintech lenders and P2P lending platforms allow you to upload your documents, either through their mobile app or website.Instant cash loans are unsecured loans with flexible repayment terms. They work like personal loans, with the…

Are you a mobile phone application loan defaulter? You may need to brace yourself for tougher times, as lending platforms have now come up with ingenious, potentially privacy-intrusive ways to compel defaulters to honor their debts. In…

So you have been considering a Xiaomi product for some time, but you are running out of money to pay for it in full. You don't have a credit card either. We have good news for you: Xiaomi Philippines has partnered with Home Credit…

Millennials get a bad rap for being a little obscure when it comes to finances, but recent awareness makes me think we're not entirely to blame.A few weeks ago I heard an advertisement on the radio for a short term lender called Nimble.…

As we witness a fintech revolution in India, credit is becoming more accessible and affordable. Government initiatives and the push of digitization have resulted in an ecosystem that ensures a transparent lending process and financial…

Companies have been invited to support a microcredit program negotiated by social welfare agency Uniting Country SA.Traders are encouraged to contribute to the “jackpot” of money that circulates and is…

Reduce digital banking friction. Fiserv, a Brookfield, Wis.-based fintech provider, announced Originate, a new suite of solutions designed to provide credit unions and banks with enhanced digital account opening and loan origination…

Amended The next are Daniel Stelmach and Nick Skrzyniarz of ChangEd, seeking $250,000 for 15% equity. Amended is an application that simplifies the repayment of student loans using small change. According to their…

Through Taxscan team - June 21, 2018 6:38 p.m. The Delhi Bench of the Income Tax Appeal Tribunal (ITAT) recently ruled that the wife's cash loan for the purchase of the house for the benefit of the whole family cannot be a motive…

Electronic loan sharks: ATMs that look like ATMs and lend people up to $ 1,000 with minimal checks "target the needy and lure them into a debt trap"ATMs resembling ATMs appear across AustraliaMachines only require…

The emergence of cash lending ATMs in parts of New South Wales has raised concerns that low-income families could potentially be trapped in debt.The machines, which look like ATMs, only require identification and bank details before users…

MC Systems, one of Jamaica's leading technology companies, has introduced the industry's first payday loan product - BizPay Cash. The payroll application was launched at the MC Systems Jamaica Payroll conference under…

Cash Loan Application in India: Even though the number of women entrepreneurs has been increasing in recent years, thanks to economic development and a focus on improving women, obtaining loans from traditional banks remains an issue.…

Breadcrumb Links Local News Author of the article: Sam cooper Release date : Jan. 12, 2018 • Jan. 12, 2018 • 5 minutes to read • Join the conversation…

MONEY ISSUES: If you need a personal loan, getting the best rate is important (Image: GETTY) Borrowing money can be a good way to pay off debt or start a new business, but you need to do your research first, as many can!-->…

By Shu Zhang, Elias GlennBEIJING (Reuters) - Executives from Chinese companies that specialize in offering consumers small, easy-to-get loans have become a fixture on Wall Street this year.A man walks past the headquarters of the People's…

By Shu Zhang, Elias GlennBEIJING (Reuters) - Executives of Chinese companies that specialize in offering small, easy-to-obtain loans to consumers have become a fixture on Wall Street this year.The Qudian app logo can be seen on a…

Expanding access to credit for the tech savvy and mobile population and bringing transformation to the small personal loan market, Home Credit India Finance Pvt. Ltd., one of the fastest growing non-bank financial companies in…

BEIJING, March 15, 2017 /PRNewswire/ -- A glimpse into the online shopping spree at Tmall.com at November 11, 2016, CredEX Fintech was surprised by the rapid development of the Internet industry. However, what is unexpected is that in…

- Rs 10,000 will be sanctioned to a beneficiary of BPL as a loan and the same must be repaid in six equal installments - Rs 2 crore allocated for Kadapa district. But, there are 7.73 lakh white cards including new ones- The sanctioned…

JenneIncFeb2016.jpgRose Jenne and her sons, Ray and Dean, of Jenne Inc. in Avon.AVON, Ohio - Jenne, Inc. in Avon received a $ 65 million credit loan from Citizens Bank to purchase inventory to supply its growing national customer base.Now…

By Maurice GarveyFAMILIES benefiting from social assistance can benefit from a loan of up to € 2,000 in the credit unions of Ballyfermot and Rathfarnham thanks to a new pilot micro-credit program launched by…

Not everyone has a perfect credit history, but that shouldn't stop you from applying for a home loan. There are a number of myths circulating about bad credit, so if you are interested in applying for a home loan, it is important that…

When you spend more than three-quarters of a million dollars on a property, an $ 8,000 tax credit might seem tiny.But for Tony Jarjoura, who paid $ 756,500 for a two-bedroom, two-bathroom condo at SoMa Grand (median sale price: $ 568,000)…