how to protect yourself from loan scam, Loan Apps will empty your bank account! If you do not take care of these 5 things then you will become poor – google strict guidelines for personal loans apps from 31 may check how to stay safe

how to protect yourself from loan scam, Loan Apps will empty your bank account!  If you do not take care of these 5 things then you will become poor – google strict guidelines for personal loans apps from 31 may check how to stay safe

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Google will enforce strict laws on those personal loan apps from May 31, ie from today, which rob people by giving wrong information. Such apps take users into their trap. Google is working on a personal loan policy that will protect the confidential information of users. The company has said that apps that provide personal loans or whose job is to generate leads have been restricted from accessing sensitive data such as photos and contacts. They will not be given access to external storage, media images, contacts, location, phone numbers and videos.

According to Google, “This policy applies to apps that provide direct lending, generate leads and connect customers with third-party lenders.” Google is trying its best to save all of us. But we all need to be careful. Let us know how you can avoid fake loan scams.

This is how you will get loan sitting at home in a jiffy

How to Avoid Fake Loan Scams:

  • Once you download any loan app from Google Play Store or App Store, they ask you permission for your personal data which includes contact list, photo gallery etc. If any app is asking permission for your personal details then you should not trust such app.
  • If any app is offering you high loan at low interest rate then you need to be careful. You need to double check such low offers.
  • If any app is giving you instant loan which is not even authorized then you should avoid this type of loan. If such an offer is given by a bank or an authorized app, then you can believe it.
  • Many times scammers call you posing as loan officers and tell you that you will have to deposit a few thousand rupees first to get the loan, which will be deposited as security. Be aware of such offers.
  • If you get a message that offers a loan and a link is also given in it, then you have to be careful. Do not click on any such link.

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