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Infographic | Concerns with instant loan apps

Some concerns around instant loan app include high interest rate and data misuse
Last Updated 05 July 2022, 10:34 IST

As many as 14 per cent Indians have used instant loan apps in the past two years, according to a survey conducted by LocalCircles.

Some concerns around instant loan app include high interest rate and data misuse. More than 50 per cent of the people experienced misusage of their data during the collection process when they took loan using these apps.

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(Published 05 July 2022, 10:34 IST)

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