After the pandemic, there has been a flood of instant loan-giving apps in India. Thousands of apps are giving loans ranging from Rs 5,000 to Rs 50,000 just on providing an Aadhar card. The Government of India and Google Play Store have taken action against many of these apps. Despite this, there are still many apps that are active and trapping people.

Cyber friend warned

Cyber Dost, an organization working under the Home Ministry, has alerted people about two apps by posting on Facebook. Cyber Dost has said that take loans only from those apps which have been approved by the Reserve Bank of India. Cyber Dost has asked people to stay away from Loan Me and Global Credit.

Cyber Dost has said that both these apps are fake and you can become a victim of fraud by taking a loan from them. Even before this, Cyber Dost has warned about many fake loan apps. Cyber Dost is trying to save the people of the country from cyber fraud. In case of any kind of scam, a complaint should be lodged by dialing 1930.

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