The Covid-19 pandemic led to severe layoffs and salary cuts, which led a number of Indians into financial instability. This spurred people to resort to instant personal loan applications on app stores that help borrow money with minimal background checks.<br /><br />Soon, some of these borrowers started receiving threatening calls and messages from recovery agents. These agents were hired by instant loan apps with dubious backgrounds.<br /><br />BQ Prime takes a deep dive into the dark world of these fraudulent instant lending apps. Watch the video to find out more.
