Are you looking for an online application that provides loans at low-interest rates? AMP Credit Loan is an online application that claims it can provide loans at very low-interest rates. But now the question arises is it real or not?
Review Padho is a genuine platform where you can understand all about this kind of application and you will find a genuine review. Today, I am here to review another loan application which is the AMP Credit Loan App.
AMP Credit Loan App Details
AMP is an online loan application that offers you loans at low-interest rates. They claim that the maximum loan amount you can get here is 1 lakh rupees and you will get a time of two years to pay its EMI. It offers you the loan at an 11.99% rate of interest annually.
When you click on the link to this app you will be redirected to their website which looks similar to the Play Store but is only a trap for users. They only designed their website like Play Store to attract people. This application is not RBI and NBFC registered.
How did they Scam you?
When you download this application they ask you about your basic details. The scam starts when you fill in your basic details and upload documents. After that, it will ask you about the loan amount you want to take. Then, they transfer you an amount between one to eight thousand rupees.
After that, you will get a period of four to five days to return double or triple the amount you received. After that, they will blackmail you for your contact list. They told you that they would send inappropriate photos and documents about you to your contact list. This is how you get scammed.
How to deal with fake loan applications?
Before, downloading any loan application you should check whether it is available on the Google Play Store or not. After that, you have to search all about the loan application that it is RBI registered or not. If you got scammed by any of these types of applications then you should not do any repayment to them because if you return their money then they will blackmail you again and again and will ask you for money.
If you already have been trapped then you should complain to cybercrime and download a copy of the complaint. After that send this complaint copy to your contact list and tell them all about the scam. This is how you can save yourself from these types of scammers.
AMP Credit Loan App Review
AMP Credit Loan is a fake loan application that scams people and takes money from them by blackmailing them. I do not recommend anyone to download this application. If there is any user of the AMP Credit Loan Application then you can write your experience about it in the review section.