By Jitendra Jangid- Friends, in this digital world many of our tasks have become easy, today you can do many tasks instantly at your fingertips. Cyber ​​crimes have also increased with these facilities. Which causes financial loss to you and can become a cause of trouble. of these One of the most dangerous trends is the rise of fake loan apps., Who lure users by promising low interest loans, Just to steal personal information and blackmail. Let us know how these apps work and how to avoid them-

Scammers targeting with fake loan offers

Fake loan apps promise loans at low interest ratesWho Your trust is to win. once downloaded, They abuse the permissions given by users, such as sms, call log, contact, Access to camera and microphone.

How they steal your information

After gaining access to your phone, These apps collect sensitive data to scare and blackmail you into paying more money.

sense of validity

These apps are designed to look like they belong to well-known financial institutions, With fake names and professional looking marketing materials, Due to which they appear trustworthy to the unknown user.

Impact and reach

15 such fake loan apps 8 Downloaded over a million times, Which shows the scale of this scam. Some have already been removed from the App Store.

stay safe

It is important to avoid installing unknown apps, Especially those that promise easy loans at suspiciously low interest rates.

Disclaimer: This content has been sourced and edited from (abplive).