Instant loan apps: Another suicide in Telangana over harassment for repayment - News Summed Up

Instant loan apps: Another suicide in Telangana over harassment for repayment


(representational photo)A 36-year-old man, who attempted suicide over alleged harassment by microloan lending app companies, died five days later while undergoing treatment in Andhra Pradesh’s Visakhapatnam, police said. DNM Santosh Kumar, a native of Visakhapatnam, had attempted suicide at his rented house at Malkapur of Ramagundam on December 18. “He had initially taken a loan through a mobile app and repaid it too. Kumar’s friend Subramaniam, who has lodged a complaint, said Kumar had taken loans from digital lending apps like Udhaar Loan App, Rufilo Loan App, Reepay Loan App, AAA Loan App, and Loan Gran App. Three cases of suicide allegedly due to harassment over repayment of app-based microloans have come to light across Telangana so far.


Source: Indian Express December 25, 2020 15:33 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */