Instant loan

Hyderabad Police File Indictment Against Instant Loan Applications | Hyderabad News

HYDERABAD: Six months after Hyderabad police filed criminal case against representatives of mobile apps offering high-interest loans – allegedly harassing defaulting debtors by defaming them – days ago , the police filed an indictment against the defendants, including those arrested. Chinese national Zhu Wei alias Lambo, in front of the Nampally Criminal Court. Cybercrime detectives […]

Instant loan

Hyderabad cops sue in 30,000 crore instant loan racket | Latest India News

Hyderabad cybercrime police filed an indictment on Friday as part of a ??A 30,000 crore online loan racket, based in China, that has ruined the lives of hundreds of people. The racketeering encouraged borrowers to take out loans in Andhra Pradesh, Telangana, Bengaluru, Chennai and Mumbai and imposed high interest rates on them. “In Telangana, […]

Installment loan

Customers Bank expands its consumer installment loan program with Upstart

WEST READING, PA & SAN MATEO, CA – (COMMERCIAL THREAD) – Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, today announced that Customers Bank, a full-service community super bank and a subsidiary of Customers Bancorp, Inc. (NYSE: CUBI), has grown and expanded its banking partnership with Upstart to expand its personal loan program […]

Instant loan

ED Ties Rs 76.67 crore of Chinese Firms in Instant Loan Application Fraud Cases

The Enforcement Directorate (ED) issued a provisional seizure order under the Prevention of Money Laundering Act 2002 (PMLA) tying Rs. 76.67 Crore, lying in various bank accounts and payment gateways regarding Chinese loan application companies and their Indian associates, the agency said in a statement on Tuesday. The federal agency had opened an investigation on […]