Blogs

In today’s digitally connected world, personal loans are just a few taps away. Whether you need to consolidate debt, cover an emergency, or finance a personal goal, digital lending apps promise quick access to funds with minimal paperwork. However, this convenience comes at a growing cost

The rapid advancement of digital technology didn’t just bring convenience but also opened doors for sophisticated cybercrimes.

In India, where financial aspirations are constantly rising, loans have become vital tools that enable individuals and businesses to achieve their dreams. From buying a home to purchasing a car and upgrading your home appliances, loans offer the necessary financial support to turn aspirations into reality. However, as the demand for loans increases, so does the threat of loan fraud. Many unsuspecting individuals are now at risk of falling prey to scammers and losing their hard-earned money. Let’s better understand these scams and how to stay safe.

Messaging applications like WhatsApp have become double-edged swords in today’s world. While these apps help us stay in touch with family members, friends and business associates, it also enables fraudsters to scam people.

The Reserve Bank of India (RBI) has taken a few measures to help us safeguard our online finances. They have implemented two-factor authentication and One-Time Passwords (OTPs) for most online transactions. However, many people still fall prey to rampant OTP and other scams.