You all must have seen the ads of loan apps on Facebook and Instagram. Meta shows these ads for money so that people who need money can take loans through these apps. However, there are many such apps available on the platform which misguide people at the time of loan and later charge more money as repayment. There are many apps which collect personal information of users like contacts, financial details and messages etc. on the pretext of loan. Fraudsters also promote such loan apps on Facebook and steal the…
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