Why Instant Personal Loan App charges too High Interest Rates from customers

There are many reasons for charging high interest rates by Instant Personal Loan Apps.

High Operational Cost
Cost occurred in Recovery Process
No. offices is less
Staff is less, most of the work is outsourced
They arrange funds from Banks/NBFCs
Customer base is low
Cases : They do bank rejected cases

We should avoid Personal Instant Loan app due to following reasons :

High Interest Rates
Instant Loan App Scam
Data Theft
Unethical Recovery Process
High Charges

Murari Garg
9717550964( Whatsapp)

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“अपना बैंक मैनेजर ” Presenting Video – Why Instant Personal Loan App charges too High Interest Rates from customers ,


Why Instant Personal Loan App charges too High Interest Rates from customers

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