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Google may still have not solved loan apps problem: Report
Despite stricter rules, predatory loan apps are still available for download from the Google Play Store. These apps target and harass financially vulnerable people, lending small amounts of money with high interest rates. They use tricks like extortion and threaten to distribute fake pornographic or incriminating photos if payments are not made. User data is also shared with other similar apps. Google acknowledges the issue and takes down predatory loan apps regularly, committing to a safe platform for Android users and collaborating with authorities in ongoing investigations.
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