Digital platforms claiming to offer hassle-free loans to individuals, small traders, and other borrowers are in the news these days.
There have been several complaints against some of these lending platforms, lately.
They primarily relate to exorbitant interest rates, non-transparent methods of calculating interest, harsh recovery measures, and unauthorised use of personal data.
In this podcast, BL's Research Bureau team members Keerthi and Satya discuss what should one be cautious about while using these digital lending apps.
Read the full story here: Big Story | Five cautions against money-lending apps
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