Skip to main content

Google cracks down on payday loan apps in India after reports of abuse

Google says customers and government agencies flagged these apps.

What you need to know

  • Google today removed several personal loan apps from the Google Play Store in India.
  • The company cited reports of predatory lending as lenders targeted vulnerable customers.
  • Google says it has requested other apps to demonstrate compliance with Play Store and local regulations or be removed from the store.

While the Indian smartphone market continues to thrive with a variety of inexpensive and powerful Android smartphones, the proliferation of smartphones provides a large target audience for unscrupulous app developers. Google is removing predatory lending apps that take aim at the most vulnerable customers from the Indian Play Store. As reported by TechCrunch, the company is doing this in response to reports from both users and government agencies. Both groups flagged hundreds of apps to Google as falling afoul of local policies, and the company took action subsequently.

Google told TechCrunch that it had pulled several apps that violated safety policies. It also requested developers of other flagged apps that weren't pulled for Play Store violations to prove their apps were in compliance with local laws within 5 days of communication.

A Google spokesperson added:

Apps that fail to do so will be removed without further notice. In addition, we will continue to assist the law enforcement agencies in their investigation of this issue.

Google had previously and publicly banned apps offering payday loans in 2019, but the ban was criticized for being applied selectively just months after.

Bloomberg had reported people living in countries such as India and Kenya were still left vulnerable to apps offering short term loans all the way back in January 2020, noting:

Despite the ban on loans that have to be repaid in fewer than 61 days, many apps available through the Google Play store are offering shorter terms to Kenyans. Some lenders appear to be ignoring the rule, hoping Google, a division of Alphabet Inc., doesn't notice.

A Google spokesperson then commented that the company would remove violations when they were flagged, a sentiment the company repeated this week.

Get More Pixel 4a

Google Pixel 4a

$349 at Amazon $350 at Best Buy



Source: androidcentral

Popular posts from this blog

6 things Apple stole from Android at WWDC— and one that Google should steal

Every year, Apple and Google trade ideas for their newest versions of iOS and Android, respectively. But this year, during Apple's WWDC 2021, it seems like Apple purloined more than a few ideas that Google's integrated into Android over the last few years. Millions of iOS users won't get their hands on iOS 15 and iPadOS 15 until later this year, so until then, we don't know until then how the new features will fare in the real world. For now, here's a tongue-in-cheek look at six features Apple, um, borrowed from Android with its latest software releases. Jump to: iPad widgets and app drawer Live Text Apple Maps AR navigation iOS notifications New Siri capabilities Apple Photos Bonus: What Google needs to steal iPad widgets and app drawer iPad OS 15 introduced two big new updates for the iPad home screen today: widgets and the App Library. If you think this sounds awfully familiar, there's a good reason for that. 2020's iOS 14 introduced both

How to watch England vs New Zealand: Live stream 2nd Test series cricket on

With the first Test ending in a draw, the series is on a knife edge at Edgbaston, as Joe Root's side look to put off the field controversies to one side and claim a much needed win against the Kiwis. Don't miss a single ball of the 2nd Test with our England vs New Zealand live stream guide below. The series has been somewhat overshadowed by the emergence of offensive historic tweets posted by Ollie Robinson who made his debut in the opening Test but has since been suspended. With the controversy still brewing amid interventions from politicians and accusations leveled at other members of the team, Root has a battle on his hands to keep his side focused on the game ahead. One positive for Root coming into the game is that they'll be playing in front of a near capacity crowd at Egbaston, with the overwhelming majority of the expected 18,000 spectators set to be cheering on the home side. The tourists have been delivered a huge blow coming intot his final match, with s

The Galaxy Watch 4 is coming soon — here's everything you need to know

Samsung's Galaxy-brain play: leaving Tizen behind for Wear OS. The Samsung Galaxy Watch 3, one of the best Android smartwatches , may have only just launched in November 2020, but the latest rumors out of South Korea suggest the company may already be developing its replacement — with some big changes and upgrades in the works meant to topple Apple from its smartwatch throne. There's no confirmation whether Samsung's 2021 smartwatch will be named the "Galaxy Watch 4" or adopt a new name entirely. However, we know that this new watch will run the new version of Wear OS, which would have a big impact on app support and Android phone connectivity. It could also feature a newer-faster chipset, which could put it leagues ahead of the best Wear OS watches . Details are fairly scarce so far, but we've scrounged up every known leak about specs, design leaks, and pricing, along with everything else we know so far about the Samsung Galaxy Watch 4. Samsung's bes

Every armor set in Ratchet and Clank: Rift Apart

Armor up Ratchet and Rivet before taking down their enemies. Ratchet and Clank: Rift Apart features several armor sets that both Ratchet and Rivet can wear throughout the game, giving them damage buffs and other benefits. Each armor set is comprised of three pieces; the helmet, chest, and boots. Without all three pieces of a complete set, you won't get their collection bonus buffs. Thankfully, each map tells you exactly where to find the armor you need. It's then all about exploring the area and picking it up. You'll find most pieces within optional dimensional rifts that feature platforming puzzles of some kind, and there are eight total sets to be found. Here's every armor set in Ratchet and Clank: Rift Apart and the buffs that they offer: Galactic Ranger Description: The classic helmet of the Solana Galactic Rangers. The Galactic Rangers' chest armor is forged with justice and Raritarium. The Galactic Rangers' pants protect the galaxy... and your legs