Google announced, these apps will be banned from May 31, save data today itself
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Google Banned Apps: Google has announced to ban many apps that give online loans. Google is going to take this step under its new financial service policy. This policy will be applicable across the country from 31 May 2023.
delete data from such apps
If there are lending apps in your phone, in which your personal data is saved, then it would be better to delete that data, or save the data somewhere else before May 31. If you do not do this, then your personal data will be deleted after May 31.
Why did Google ban the apps?
There have been allegations of fraud on online loan giving apps for a long time. Along with this, there have also been allegations of stealing sensitive data of users like contact, photo details on loan giving apps.
Central government showed strictness
Not only this, there have also been reports of harassment of borrowers on loan giving apps. The central government has shown strictness regarding this. In such a situation, loan giving apps from Google have been limited.
Google’s new update
Google has issued a personal loan policy update for such apps, due to which many lending apps will be banned on the Play Store. Under this policy update, apps will no longer have the right to access photos, videos, contacts, location and call logs from users’ external storage.
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