Kendy
Verified member
The online loan apps are those apps where you can get money online just with some registration procedures done with your mobile devices and you'll get credited in some minutes. The online loan apps have become a place where some people would prefer because they have no paper work, collateral or guatantors and the procedures of obtaining a loan is quite easier than the traditional banks.
Also, these online loan apps which are sprouted everywhere are not secured and to obtain loans, all your bank details and card details have to be divulged because that's the only way they can use to track you down if you fail to repay when the duration has elapsed.
Personally, I avoid those apps because I get so many negative reviews of some fradulent activities even after you've repayed their loans, they could still debit you without your consent.
What are your views about online loan apps and would you advise someone to take up such business or even adopt the online apps in getting loans?
Also, these online loan apps which are sprouted everywhere are not secured and to obtain loans, all your bank details and card details have to be divulged because that's the only way they can use to track you down if you fail to repay when the duration has elapsed.
Personally, I avoid those apps because I get so many negative reviews of some fradulent activities even after you've repayed their loans, they could still debit you without your consent.
What are your views about online loan apps and would you advise someone to take up such business or even adopt the online apps in getting loans?