Concerns regarding the functioning of certain instant loan applications available on the Google Play Store have been raised by Vimal Jain, who has called for stricter monitoring and investigation into digital lending platforms accused of unethical recovery practices and hidden charges.

According to Jain, who says he is associated with the Indian Press Union and social initiatives under Manav Seva Mission, several users have complained about loan applications allegedly engaging in misleading lending practices, aggressive recovery methods, and privacy-related violations.

Jain stated that he personally reviewed and tested multiple loan applications to understand how some platforms allegedly operate. Among the apps mentioned in his statements were Credit Shakti, CashDaily, Rupee Jar, Kalaghati Lekka and Kubi Slaon. The allegations mentioned in the report have not been independently verified.

According to complaints cited by Jain, some users allegedly receive lower disbursal amounts than the loan amount displayed on the application, while repayment demands are reportedly calculated on the full amount shown in the app. Concerns were also raised regarding short repayment periods and alleged pressure tactics by recovery agents.

The report further mentions allegations from some borrowers claiming that threatening calls, abusive language, digitally edited images, and public shaming tactics were used during recovery efforts. No official confirmation regarding these allegations was available at the time of publication.

Jain also alleged that certain applications ask users to pay subscription fees or processing charges before loan approval, but users allegedly do not receive the promised funds afterward.

He has urged government agencies and cybercrime authorities to investigate the ownership, registration, and operations of such digital lending platforms. He also appealed to Google Play Store to review and take action against applications found violating policies or financial regulations.

Digital lending practices and online recovery methods have increasingly become subjects of concern in India, with regulators and consumer-rights groups calling for stronger safeguards, transparency, and enforcement in the fintech sector.