Some instant loan apps have recently come under fire for alleged inconsistencies in both lending and repayment. They are reportedly lending money through unlicensed lending platforms and smartphone apps with the promise of offering quick and hassle-free loans, according to the media.
They are also allegedly utilizing aggressive and harsh recovery methods, as well as illegally accessing data on borrowers' mobile phones.
We'd like to emphasize that these occurrences involve unlicensed and unauthenticated programs.
On the contrary, our goal is to constantly provide loans to individuals who need money to get through a difficult or emergency circumstance, thereby addressing a real concern in these challenging times.
