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Tag Archives: Nano-loan apps deceiving users: CCP

Nano-loan apps deceiving users: CCP


December 23, 2022

ISLAMABAD: The Competition Commission of Pakistan (CCP) has found that several mobile apps offering nano loans don’t fulfil legal requirements, indulge in deceptive marketing and collect users’ personal data. In a statement issued on Thursday, the commission said it had taken notice of the “various emerging concerns regarding mobile applications on Google Play Store offering nano/micro personal loans to vulnerable …

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