Google pulls trigger on instant loan apps

Google India pulled down several instant loan apps from Play Store on Thursday for breaching its user safety policies and is reviewing hundreds of similar apps for violation of terms of its Android platform, used by 96% of smartphone users in the country.

Many of these app-based lenders were trying to recover a pile of overdue personal loans by resorting to aggressive tactics, including harassment and public humiliation, even as delinquent borrowers grappled with pay…


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