Apple eliminated a number of predatory lending apps from the App Retailer in India this week, days after customers and media questioned the legitimacy of these companies, reviews TechCrunch.
Pocket Kash, White Kash, Golden Kash, and OK Rupee are among the many apps that Apple yanked. The apps provided fast-track lending to shoppers in India, climbing to the highest 20 of the finance listing on the App Retailer in current weeks.
Nonetheless, additionally they levied outrageously superfluous prices, in accordance with lots of of person evaluations, notes TechCrunch. The lenders additionally employed downright unethical ways to get the debtors to pay again, the article provides..
For those who’d like to assist assist AWT (and assist us attain our purpose of eliminating advertisements), take into account changing into a patron. We provide no less than three patron-exclusive posts every week. You can begin at solely $2 monthly (although $5/month will get you the exclusives).