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Loan App Harassment
Illegal instant loan apps, recovery agent tactics, and your legal rights
RBI alert: Many instant loan apps operating in India are not licensed by RBI. Hundreds of cases of harassment, extortion, and deaths by suicide linked to illegal loan apps have been reported. Know your rights.
Predatory loan apps offer instant loans of ₹1,000–₹50,000 with minimal documentation. The real trap is hidden: processing fees of 30–50% are deducted upfront, weekly/fortnightly repayment cycles make it impossible to repay, and interest rates can exceed 1,000% per annum. When you fall behind, harassment begins.
If you are being harassed — action steps
0/6Emergency contacts