Outcry as mobile lenders use ‘cruel’ tactics - News Summed Up

Outcry as mobile lenders use ‘cruel’ tactics


By ELVIS ONDIEKIMore by this AuthorMay has been a hot month for mobile loan service providers as users question the legality and propriety of lenders informing third parties about cash owed. If you don’t want, just decline.”PLAY STOREThe representative, however, terminated the conversation when asked about the lender’s high interest rates. On May 4, a user posted on the platform: “You should stop the threats. Some lenders have been pushing the envelope in terms of getting new users to download their apps. An outstanding example is the Jaguar Loan App, one of the innovations that appear when one searches for lending apps on the Play Store.


Source: Daily Nation May 19, 2019 03:56 UTC



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