Deadly loan apps of Telangana: Saga of growing suicides and crimes

People across Telangana are registering at least one or two complaints against loan apps every day after borrowing through them.

BySouth First Desk

Published May 23, 2024 | 12:15 PMUpdatedMay 23, 2024 | 12:15 PM

loan app

Telangana witnesses one or two cases of people daily registering complaints against loan apps after borrowing through them. Collection agents from the apps are pressuring them to return the money, sometimes driving them to suicide. Worryingly, there are increasing cases of people making investments based on advertisements on social media and later getting to know that it was a fraud.

Read the full story here