Loans apps turn nightmare for borrowers

Hundreds of customers have taken to social media to complain of intimidation and harassment by collection agents of online loan applications. They claim that cyberbullying techniques such as naming and shaming, intimidation using fake legal notices and repeated ‘harassment’ calls are being made by some companies seeking missed dues on short-term loans.

from Banking/Finance-Industry-Economic Times https://ift.tt/2MoWXA6