Instant loan

Four others arrested by Hyderabad cops

Hyderabad: Hyderabad cybercrime police arrested four people on Saturday, including directors of two Bengaluru finance companies, for lending instant loans and harassing clients. Those arrested were Niranjan Umapathy, director of Water Elephant Financial Services Pvt Limited and Beadwallet Technologies Pvt Ltd; Yeshi Gyatso, Director of Beadwallet Technologies Pvt Ltd; and Nyichak Dhondup and Usha BM, […]

Instant loan

Instant Loan Apps Scam, The Chinese Link, Telecom News, ET Telecom

Hyderabad: A month after Telangana police began cracking down on illegal instant loan applications following the suicide of five people, the investigation showed a deeper Chinese connection to the scam. After arresting at least four Chinese nationals for using illegal apps, cops are now investigating the roles of other Chinese. In the latest incident, Cyberabad […]

Instant loan

Three inmates in Hyderabad for operating instant loan apps that led to man’s suicide

Police arrested directors and managers of three companies who harassed the victim. Cyberabad police arrested three people on Friday for harassing an instant loan application defaulter, resulting in his death by suicide. A victim of harassment, Chandra Mohan, 36, took 80,000 rupees on 11 instant loan applications, but found himself paying more than 2 lakh […]

Home loan

Get Instant Home Loan Approval at 6.75%! Kotak Mahindra Bank Announces New Facility

Kotak Mahindra Bank (Kotak) has announced that it has introduced instant principled sanctioning of home loans on its digital platform Kotak Mahindra Bank (Kotak) has announced that it has introduced instant in-principle sanctioning of home loans on its digital platform – Kotak Digi Home Loans. The bank offers home loans from 6.75%. According to a […]

Instant loan

Protect yourself from the trap of instant loan applications; SBI warns customers and shares 4 tips | Personal finance news

New Delhi: State Bank of India (SBI) is very active on the microblogging site Twitter and occasionally continues to educate clients on security measures regarding banking, lending, ATM practices and more . The State Bank of India keeps reminding customers of how to adopt certain practices amid growing cases of bank and loan fraud. It […]

Instant loan

Instant loan apps that save Nigerians in need of quick cash • Techpoint Africa

This article is a Press brand Publish. Press brand is a paid service for brands that want to directly reach Techpoint Africa’s audience. The Techpoint Africa editorial team does not write Brand Press content. To promote your brand through Brand Press, please send an email [email protected] Cash-strapped Nigerians are cushioning the effects of a tough […]

Installment loan

Fuel Capital Group, Inc.Announces Launch of Installment Loan Program

IRVING, Texas, January 21, 2021 / PRNewswire / – Fuel Capital Group, Inc. announces the addition of its fully online, 100% paperless installment loan program, making it truly the one-stop-shop for motorcycle dealers. Their new loan program allows them to offer financing for new and used motorcycles with all the benefits dealers have become accustomed […]

Instant loan

Here is why you should be careful with instant loan applications

Google India recently reviewed several personal loan apps on its Play Store and removed those that violated its user safety policies. Recently, several applications that do not appear to be governed by any regulations have appeared online. These apps require basic information from customers and make loans a snap. With these loan applications, says Suman […]

Instant loan

Instant loan application case: Chinese people linked by discussion group | Hyderabad News

HYDERABAD: Chinese national Zhu Wei alias Lambo, who was arrested in the instant loan applications case, told Hyderabad police that he had met Yuan Yuan alias Jennifer, the key person behind four loan companies different snapshot, via a social media discussion group operated by Chinese nationals residing in India. During his in-custody interrogation, Lambo said […]

Instant loan

Telangana Police Arrest Another Chinese In Instant Loan Application Case

Telangana police have arrested another Chinese national in connection with the ongoing investigation into the instant online loan applications case. Rachakonda Police Commissioner Mahesh Bhagwat, speaking to media on Wednesday, said HE Jian, alias Mark, 26, from Jiangxi, China, was arrested in Thane, Maharashtra. Jian has been living in India since July 2018 on a […]

Installment loan

Payday Loan vs Installment Loan – The Differences Explained

WN Lifestyle Home – Silver Tuesday January 12, 2021, 5:43 am CST Sponsored: Advertising content Photo by Karolina Grabowska Do you weigh the pros and cons of a personal loan versus an installment loan? Each type of loan has bonuses and drawbacks. For example, payday loans generally have shorter terms than installment loans. In addition, […]

Instant loan

Instant Loan Apps: How Instant Loan Apps Drained Millions of Dollars From Borrowers

While investigating the case, police discovered that the loan application servers were based in China. They raided four companies in Bengaluru – Mad Elephant Technologies, Borayanxy Technologies, Profitise Technologies and Wizzpro Solutions – and arrested two people, including a finance director and a human resources manager. The directors of three of these four companies were […]

Instant loan

Instant Loan Application Fraud Case under ED Scanner

Instant loan: 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 scam online betting set at over Rs 1,100 crore, official sources said on Monday. At least five people, […]

Instant loan

Instant loan application fraud case under ED scanner

The ED has looked into suspected cases of instant loan sanction fraud via mobile apps, recently reported by Telangana and Tamil Nadu, as part of its investigation into money laundering in an online betting scam rated at over of 1,100 crore rupees, official sources said. Monday. At least five people, including a software engineer, are […]

Instant loan

Instant loan application fraud case under probe agency scanner

The Chinese nationals ran the call center with the help of the two Indians. (Representative) New Delhi: The ED has looked into suspected cases of instant loan sanction fraud via mobile apps, recently reported by Telangana and Tamil Nadu, as part of its investigation into money laundering in an online betting scam rated at over […]

Instant loan

Instant loan application case: man commits suicide, fifth victim in Telangana

A 36-year-old man in Hyderabad reportedly ended his life on Saturday, unable to endure the harassment and humiliation associated with non-payment of instant loans obtained through online applications. G Chandra Mohan, who worked as a supervisor in a supermarket, is Telangana’s fifth victim in the instant loan application in less than a month. He was […]