Google removes loan apps in India to protect consumers

Google removes loan apps in India to protect consumers

MUMBAI: Alphabet Inc’s Google has removed lending apps aimed at consumers in India from Play Store in an attempt to safeguard users, it said in a blog post on Thursday.
“We have reviewed hundreds of personal loan apps in India, based on flags submitted by users and government agencies,” Suzanne Frey, vice president, Product, Android Security and Privacy said in the post.
A recent investigation by Reuters found at least 10 lending apps on Play Store breached Google’s rules on loan repayment…

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