Fake Loan App List: Do you need an instant loan? In today’s fast-paced world, financial emergencies can make you feel vulnerable at times. Legitimate lending platforms approved by RBI can provide you with the financial help you need.
But fake loan apps have also infiltrated the market, preying on those looking for financial aid. These malicious apps (7-day loan apps) not only cause monetary losses but can also cause emotional distress and a sense of betrayal.
Here, we will guide you through fake loan app lists, helping you identify and avoid them to keep your hard-earned money safe.
What are fake loan apps?
Have you ever come across an app promising quick loans with minimal documentation? Fake loan apps are designed to defraud unsuspecting individuals.
They take advantage of urgent financial needs, exploiting vulnerabilities to steal personal data and hard-earned money. These apps lure users with easy eligibility criteria and no credit checks.
Once you provide your details and pay the fee, the apps start demanding more money or run away.
After downloading fake apps, users often share their personal and financial information on these platforms, such as banking and KYC details.
As a result, money is automatically withdrawn from their accounts or the customer is put under psychological pressure through extortion.
Fake Loan App List | Fake Loan App List |
Angel Loan | Fri loan |
Apple Cash | Cashcom |
Asan Loan | Handey loan |
Easy Credit | Get cash |
Easy RP | Income value |
Elephant Cash | Cash advance 1 |
Es Loan | Quick loan app |
Balance lone | Holiday Mobile Loan |
Best Paisa | Plump Wallet |
Bellono Loan | Sky loan |
Basket Loan | Gold cash |
Bharat Cash | Easy borrow cash loan |
Bus rupee | Loan Resource |
Clear Loan | Coco loan |
Cash Advance | Cash machine |
Cash Cola | Cash bowl |
Cash Colla | ATD Loan |
Cash cow app | Loanzone |
Cash Cow | Pocket Bank |
Cash Credit | Cashpal |
Cash Fish | RupeePlus |
Cash go | Kwality Cash |
Cash Guru App | Smart Coien |
Cash magic | Silver Pocket |
Cash Manager | Samay Rupee |
Crazy Cash | Wayne Credit |
Credit buzz | Eye Credit |
Credit Pearl | Loan Cube |
Credit wallet | Coin Rupee |
Crystal Loan | Apna Paisa |
Dhan Pal | Live Cash |
Dream Loan | Get rich |
E Paisa | Express Loan |
Eagle Cash loan app | RupeeKing |
Lucky Loan app | Goldman Payback |
Magic Money | UPA Loan |
May loan | Alp cash |
Mi Rupe | Rupees plus |
Minute Cash | Cashon |
Money Box | Eulavt Loan App |
Money Tree | Panda Rupees |
Orange Loan | Snapit loan |
Phone Pay | Smile Loan |
Plump Wallet | Credit finch |
Fast Coin | Yes Rupee |
Fast Paisa | Infinity |
Fast Rupee | Rupee King |
Flah Loan app | Go Go Loan |
Flash rupee | Koko loan |
Fri Loan | My Cash loan |
Get Cash | Bharat cash |
Gold Cash | Hi cash |
Goldman Payback | Cash Park loan |
Guru Loan App | Jasmine loan app |
Hoo Cash | Manta cash |
I Credit | Rainbow loan |
I Kraza | Pillai loan |
Income Loan | Magic loan |
IND Loan | Gold sea |
India AI Credit cash Loan | Hi credit app |
Jo Cash | Link money |
Small Cash Loan App | Infinity cash |
Star Loan | my credit |
Money Pocket | Top cash |
Time Loan | Flash loan app |
Pub Cash | Pradhanmantriyojna loan |
Money lander | Handey loan |
Guru loan app | Just money |
Money standup | Flip cash |
Cash go | Small loan app |
Rupiya company | Rupiya company |
Just money | Cash go |
Ob cash loan | Easy brave |
Royal able rupee cash | Paisawala |
Money box | Bright money |
Goldman payback | Lend mall |
Wow rupee | Live cash loan app |
First Cash | Live cash |
Clear loan | Loan dream app |
Asan loan | Loan fortune |
Loan fortune | Rupee loan app |
Cash papa | Rupiya bus |
Loan home small | Rupiya company |
Warn rupee | Rush loan |
Bud loan | Shuttle loan |
Cash mine | Slice pay |
For pay | Sun cash |
Loan cube | Time loan |
Fortune now | Unit cash |
Ok rupee loan app | UPO Loancom |
Loan loji | Walaby app |
Cash carry app | Wen Credit |
Rupee mall | Alp Cash |
O cash | Cash Era |
Honey loanin | CashCarry Loan app |
Mama loan | Chhota loan |
Shuttle Loan | Joe cash |
Wallaby app | Easycredit tree |
Pillai loan | Rupeesmart |
More loan | Cashmagic |
Cash station | Voice Loan |
How can I identify a fake loan app?
Here are some tips to help you spot fake loan apps:
Check if the lender is authorized by the RBI: The Reserve Bank of India (RBI) empowers legitimate lenders and ensures that they comply with lending policies. If a loan app is not approved by the RBI, it may be a fake app.
Avoid apps that ask for upfront payments: Legitimate lenders will not ask for upfront fees or costs to process your loan application. If a loan app asks for upfront payments, it may be a scam.
Check if the app has a website or registered address: Legitimate lenders will have a website and a registered address. If a loan app does not have these details, it may be a fake loan app.
Check reviews and ratings: Before downloading a loan app, check its reviews and ratings. If there are a lot of negative reviews or ratings, it may be a fake app.
Avoid loan apps without proper documents: Legitimate lenders will ask for documents such as KYC, income proof, bank details, PAN details, etc. Assess the loan eligibility of the borrower as per RBI policies. If a loan app offers loans without proper documents, it may be a fake app.
Beware of apps using high-pressure tactics: Fake loan apps may use high-pressure tactics to collect loan payments and harass borrowers. Legitimate lenders will not use such tactics.
How to Protect Yourself from Scammers
Beware of unsolicited phone calls: Scammers may use phone calls, voice messages, and other methods to trick you into giving away your personal information.
If you receive an unsolicited call, be careful and do not share any sensitive information.
Avoid downloading fraudulent apps: Scammers may create fake apps that look like popular apps and entice you to download them on your phone or laptop. Make sure you only download apps from trusted sources.
Block spam callers: You can block spam callers on your phone to avoid receiving unwanted calls from scammers.
Stay away from suspicious emails, texts, and links: Be wary of emails, texts, and links that look suspicious or are from unknown sources. Don’t click on links or download attachments unless you’re sure they’re safe.
FAQ Related to Fake Loan Apps:
What are fake loan apps?
Fake loan apps are mobile applications that claim to offer loans to users but are designed to defraud people. These apps often charge high interest rates and processing fees and use aggressive tactics to collect loan payments.
How do fake loan apps work?
Fake loan apps tempt users to download them on their phones or laptops. Once the Fake Loan app is downloaded, it asks for personal information such as bank account details, PAN card number, and Aadhaar card number. The app then charges high processing fees and interest rates and uses aggressive tactics to collect loan payments.
What should I do if I have been cheated by a fake loan app?
If you have been cheated by a fake loan app, you should immediately report the incident to your bank and the police. You should also change the passwords and PINs of all your financial accounts and monitor your bank statements for unauthorized transactions.
How can I protect myself from fake loan apps?
You can keep your personal information safe by being cautious when downloading any financial app, doing your research before sharing any sensitive information, and blocking spam callers, suspicious emails, texts, and links. You can avoid it, and you can protect yourself from fake loan apps by being careful with unsolicited phone calls.