In recent years, with the rise of digital technology and the internet, many people have turned to online loan apps as a way to get quick access to funds.
However, with this convenience comes a significant risk – the proliferation of fake loan apps that prey on unsuspecting borrowers.
These apps lure people in with promises of easy loans, but end up charging exorbitant fees, stealing personal information, or even perpetrating identity theft.
In this blog post, we will be discussing 106 fake loan app list to be aware of.
100+ Fake Loan Apps
- All-In-One Loan
- All-In-One Personal Loan
- Best Loan
- Cash Advance
- Cash Loan
- Cash Today
- Cash4u
- Cashcat
- CashLoan
- Cashwagon
- Credit Card Loan
- Credit House
- Early Salary
- Emergency Loan
- Fast Cash
- Fast Loan
- FastMoney
- Finance Solution
- Flex Loans
- Fresh Cash
- Get Loan
- GoLoan
- Good Finance
- Good Money
- Green Loan
- Happy Loan
- Instant Cash
- Instant Credit
- Instant Loan
- InstantMoney
- InstantPay
- Just Loan
- Lend Me
- Lend Now
- Lending Club
- Loan Now
- Loan Today
- Loan2Day
- Loanspot
- Lucky Loan
- Money Boost
- Money Box
- Money Club
- Money Junction
- Money Plus
- Money Tree
- My Cash
- My Loan
- Need Cash
- Net Loan
- New Cash
- Next Day Loan
- OneLoan
- Online Credit
- PayDay
- PayMe
- PaySense
- Personal Cash
- Personal Loan
- Pocket Money
- Quick Cash
- Quick Credit
- Quick Loan
- QuickCredit
- Rapid Cash
- Rapid Loan
- Red Cash
- Same Day Loan
- Simple Loan
- Smart Credit
- Snap Finance
- Speedy Cash
- Speedy Loan
- Spot Loan
- Swift Cash
- Swift Credit
- Swift Loan
- SwiftMoney
- Top Loan
- Urgent Cash
- Urgent Loan
- Viva Loan
- WeLoan
- Your Loan
- Zenith Cash
- Zippy Loan
- 5-Minute Loan
- 10-Minute Loan
- 15-Minute Loan
- 30-Minute Loan
- 60-Minute Loan
- 90-Minute Loan
- 24/7 Loan
- 24HourLoan
- 24x7Loan
- 1-Click Loan
- 1-Hour Loan
- 1-Minute Loan
- 1-Second Loan
- 1-Tap Loan
- 1-Touch Loan
- 2-Minute Loan
- 2-Tap Loan
- 3-Minute Loan
- 4-Minute Loan
- 5-Second Loan
How to Know A Fake Fake Loan App
With the rise of online lending, there has been an increase in the number of fake loan apps that scam people out of their money.
Here are some tips to help you identify a fake loan app:
1. No physical address or contact information
A legitimate loan app will have a physical address and contact information, such as a phone number or email address, where you can reach them. If the app doesn’t provide any contact information or has a fake address, it’s a red flag.
2. No website or social media presence
A legitimate loan app will have a website and social media presence where you can learn more about the company and its services. If the app doesn’t have a website or social media presence, it’s a red flag.
3. High-interest rates and fees
Some fake loan apps will offer high-interest rates and fees that are significantly higher than what other lenders are offering. If the rates and fees seem too good to be true, they probably are.
4. Unsecured website or app
A legitimate loan app will have a secure website or app with a valid SSL certificate. Look for the padlock icon in the address bar or the “https” in the URL. If the website or app is unsecured, it’s a red flag.
5. Request for upfront payment or personal information
A legitimate loan app will not ask for upfront payment or personal information, such as your social security number or bank account details, before approving your loan. If the app requests this information, it’s a red flag.
6. Poor reviews and ratings
Check the app’s reviews and ratings on the app store or other review sites. If the app has poor reviews and ratings, it’s a red flag.
How Can I Report a Fake Loan App to The Authorities?
If you come across a fake loan app, it’s important to report it to the appropriate authorities to help protect others from falling victim to the scam.
Here are some steps you can take to report a fake loan app:
1. Contact the app store
If you downloaded the app from an app store, such as the Apple App Store or Google Play Store, you can report the app to them.
Look for the “Report a problem” or “Contact us” option in the app store and provide details about the fake loan app.
2. Report to the Federal Trade Commission (FTC)
The FTC is a government agency that works to protect consumers from fraudulent activities.
You can file a complaint with the FTC by visiting their website or calling their toll-free number at 1-877-FTC-HELP (1-877-382-4357).
3. Report to the Consumer Financial Protection Bureau (CFPB)
The CFPB is a government agency that works to protect consumers in the financial marketplace.
You can file a complaint with the CFPB by visiting their website or calling their toll-free number at 1-855-411-2372.
4. Report to your state attorney general
Your state attorney general’s office is responsible for enforcing consumer protection laws in your state.
You can find contact information for your state attorney general’s office on their website and file a complaint about the fake loan app.
Conclusion
While online loan apps offer convenience and accessibility, it is important to be wary of fake loan apps that can put borrowers at risk of identity theft, financial fraud, and other forms of exploitation.
The 100 fake loan apps list provided in this post serves as a guide to help borrowers identify potential risks and avoid falling victim to scams.
When applying for a loan online, it is crucial to do thorough research, read reviews, and verify the legitimacy of the lending platform before sharing any personal information or agreeing to any terms.
By staying informed and cautious, borrowers can protect themselves from the dangers of fake loan apps and access the funds they need safely and responsibly.
