Beware Fake Loan Apps: Google’s Crackdown Solution

Google Removes Nearly 4,700 Illegal Loan Apps from PlayStore in Two Years

Google has taken strict actions against illegal loan apps on its PlayStore, removing almost 4,700 of them in a span of two years, ending in August 2023. Dr Bhagwat Karad, Minister of State (MoS) in the Ministry of Finance, revealed the latest data during a reply in the Rajya Sabha. The search engine giant reviewed around 3,500 to 4,000 loan apps between April 2021 and July 2022, resulting in the suspension or removal of over 2,500 loan apps. Similarly, from September 2022 to August 2023, Google eliminated over 2,200 loan apps from its PlayStore.