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Mobile money lending apps are a means to access credit easily and quickly but the consequences thereafter are so immense that it impacts on the economy. #ExploitiveMoneyLendingApps
#ExploitiveMoneyLendingApps
1. They charge high interest rates than normal bank loans. These include those mobile apps owned by banks.
2. They give terms and conditions that infringe to the right of consumers on data protection. Among other considered ions, they access your data for their own use.
#ExploitiveMoneyLendingApps
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