Why are you paying for it?
Paisa Bazaar/Gpay/Cred allows you to check your score for free, every month.
loan scam? mymoneymantra illegal promo whatsapp messages
- Thread starter rocking
- Start date
Paisa Bazaar/Gpay/Cred allows you to check your score for free, every month.
RealGenozz
Contributor
My past work is related to banking, particularly with accounts and computer-based accounting. They often sent messages regarding loans of ₹5 lakhs, ₹10 lakhs, and sometimes ₹20 lakhs. These messages claim that a loan is approved, even when not registered with the bank.
It is crucial to protect your data and banking details. Popular banks like ICICI, HDFC, and Bajaj Finserv have access to the data of individuals who may need money at specific times. If someone is not careful, they can end up facing heavy interest rates.
There have been numerous cases of s@*cide linked to loan applications, highlighting the serious consequences of financial distress.
Please take steps to protect your data.
It is crucial to protect your data and banking details. Popular banks like ICICI, HDFC, and Bajaj Finserv have access to the data of individuals who may need money at specific times. If someone is not careful, they can end up facing heavy interest rates.
There have been numerous cases of s@*cide linked to loan applications, highlighting the serious consequences of financial distress.
Please take steps to protect your data.
few loans given to others were appearing in my criff and experian but not in cibil. funny it took months to get it removed. i never taken any loan so anything with means instant credit, loan would be banned.
ShannRudder
Contributor
They design initially message such that it's appealing to eyes. 2% but it turns to be monthly interest
you need to get in contact with the lenders and get them to remove it from your report, and if they dont comply, complain to RBI Ombudsman, thankfully its one government institution that does its job, and does it really well.
Like I said before, CIBIL is just for you to check if your credit reports lines up with your expectations, and that there havent been any drops, new credit cards/loans registered in your name, these reporting bureaus never verify the info given to them, they just aggregate them, its upto the lenders to make sure that the information is not erroneous.
nemo_online
Galvanizer
CIBIL score itself is a shitty capitalistic mechanism where if you don't take loans it is a crime in the eyes of banks and if you take too many loans according to them or are unable to pay on time, it becomes a trap. As someone who had low CIBIL score once I know how banks humiliate people with low CIBIL scores.
Cibil/Experian/<insert any random credit score> score is nothing but a mechanism by lenders for lenders on how "safe" and "profitable" it is to lend you money, for us, its just a convenience in checking our aggregate credit reports and thats about it
mysticrainman
Forerunner
All messaging to customers officially needs to be approved by TRAI. But I'm sure what they're writing to TRAI as the purpose to the sms / whatsapp msg is different to how it is deployed in the system. If the company is regulated, then the regulator can do system based checks, but if not regulated, then it's open season for all kinds of mis-selling.
Ignore / try typing "stop" / "unsubscribe" to see if it triggers an automated unsubscription. If it doesn't and the msgs become spammy, block. No seller (however potentially good it may be) imo, is worth spam
Ignore / try typing "stop" / "unsubscribe" to see if it triggers an automated unsubscription. If it doesn't and the msgs become spammy, block. No seller (however potentially good it may be) imo, is worth spam
mysticrainman
Forerunner
RealGenozz
Contributor
Just remember, they don't give you a loan without your digital signature. The View Application in the screenshot, that take you to their webpage to upload your identity documents, like your PAN and Aadhaar. After that, they send an OTP, and then the loan is processed.
You don't need to worry about pre-approved loan messages; they are like catching a fish using a worm.
You don't need to worry about pre-approved loan messages; they are like catching a fish using a worm.
yes but the problem is, it doesn't look like pre-approved loan messages but actual approved messages confirmation.
RealGenozz
Contributor
Before they use to say pre-approved loan
Now they use loan confirm click here
You can check the link. They ask you to confirm this with your digital verification before the amount is sanctioned.
I suggest that you do not click link using the default browser.
if you want Use a VPN with a private tab
nRiTeCh
Oracle
Ignore, its a trap for you to get panic and do what they wish.
YeAhx
Galvanizer
BTW it's better to just ignore and block without responding because spammers like to sell the list of active numbers to others and one of the way they know the number is active is if someone had replied to their spam messages.
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mysticrainman
Forerunner
bssunilreddy
Luminary
For me such loan giving messages started when somebody hacked into our adhar server last time. It's like if one entity gets the details they share among themselves.