Loan App Scams & Safety News India
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Fake loan app alerts, digital lending fraud, RBI directory changes, and how to verify an app before borrowing.
📰 Latest Loan App Scams & Safety News
₹15L Loan Fraud Busted: Is Your Lender Real?
Delhi Police busted a loan fraud gang that stole ₹15 lakh from victims by posing as legitimate lenders, collecting processing fees and documents, then vanishing. Here's how to spot and avoid such scams.
rediff.com7 Loan Scam Red Flags: Is Your Lender Real?
Fake loan apps and scam lenders are trapping Indians with upfront fee demands, too-good rates, and fake RBI branding. Here are 7 warning signs that the lender texting you is a fraud — not a lifeline.
Moneycontrol.comLoan Fraud via Fake Docs: Is Your CIBIL at Risk?
Delhi Police caught a gang forging documents to take out loans fraudulently. If your ID or PAN was misused, your credit score could be silently damaged without you ever knowing.
LatestLY₹5.3 Crore Loan Racket Busted: Is Your App Safe?
Police busted a fake loan racket involving ₹5.3 crore in transactions and arrested two people. If you use unknown loan apps or share your documents with unverified lenders, you could be their next target.
MillenniumPostForged Loan Docs Fraud: Is Your ID Being Misused?
Delhi Police arrested a suspect who used forged documents to fraudulently take a ₹7.3 lakh loan. This scam shows how criminals steal your identity to borrow money, leaving you with a ruined credit score.
thenewsmill.com₹13L Home Loan Scam: Could You Be Next?
A private bank employee in Bengaluru lost ₹13 lakh to fraudsters posing as home loan providers online. If even a bank insider can be duped, everyday borrowers face serious risk when searching for loans online.
Deccan HeraldTRAI AI Spam Block: Are Your Loan Scam Calls Ending?
TRAI now requires telecom companies to use AI to detect and investigate spam callers. This means fewer fake loan offers, KYC fraud calls, and scam messages hitting your phone — and real action against the people making them.
MEDIANAMAFake Loan App Scam: Lost Lakhs in 1 Click?
An Army school clerk was cheated of lakhs by a fraudster posing as a company rep for a loan app. Fake loan apps are a growing trap for salaried Indians desperate for quick credit.
The420.inRBI's Loan App Directory Just Shrank by a Third
RBI's Digital Lending App directory dropped from 1,034 unique apps to 695 between its September 7 and September 14 versions — a 33% cut. Most removals are duplicate listings being cleaned up, but entries for some well-known lenders, including IDFC First Bank and mPokket, no longer appear. It is not a ban list: the directory is compiled from lenders' own submissions and changes as they resubmit.
GoCredit analysis of RBI's public DLA directoryBank Insider Fraud: Is Your CGTMSE Loan at Risk?
A CBI court convicted a bank manager and borrowers for faking a ₹2.82 crore CGTMSE loan. This shows how insider fraud at banks harms honest small business borrowers and taxpayers who fund these guarantee schemes.
taxguruin₹672 Crore Loan Fraud: 5 Red Flags You Must Know
The founders of Gensol and BluSmart are accused of diverting over ₹672 crore in loans meant for EVs. Here's what loan fraud looks like — and how you can protect your money from similar schemes.
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