How to Pick a Safe and Trusted Personal Loan App
To pick a safe and trusted personal loan app, choose one backed by a licensed bank or NBFC regulated by the Reserve Bank of India. Ensure the app clearly displays company details, interest rates, fees, and repayment terms before you commit. Check user reviews for transparency and reliability, and be cautious of apps promising instant approval with no documentation. Only install apps from official app stores and avoid unnecessary phone permissions. Finally, make sure the app offers genuine customer support and a clear process for resolving queries or disputes.