What is the Chinese instant loan apps scam?

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  • Опубліковано 24 гру 2024

КОМЕНТАРІ • 1 тис.

  • @mohak_mangal
    @mohak_mangal  3 роки тому +183

    Download Smallcase: link.smallcase.com/tnS8yu5bolb

    • @aryansardessai3512
      @aryansardessai3512 3 роки тому

      First

    • @null--404
      @null--404 3 роки тому +1

      Please make video on Elon Musk new star-link broadband coming in india . And electric vehicles till 2030 full explanation . Please

    • @nurullhassan
      @nurullhassan 3 роки тому

      Topic is awesome

    • @mdhaque2293
      @mdhaque2293 3 роки тому +1

      Awesome

    • @irshadkhatib2308
      @irshadkhatib2308 3 роки тому +1

      There should carbon emissions written beside every company name,
      This will help consumers to choose less carbon emitters,and this will put pressure on companies to go green

  • @10ON10
    @10ON10 3 роки тому +583

    *Very important point raised, Also I find many content creators endorsing such quick loan apps, that need to stop...*

    • @ryangreen45
      @ryangreen45 3 роки тому +21

      True just for some 50 rupees affiliate earnings

    • @rexcherry2836
      @rexcherry2836 3 роки тому +10

      yes.. I've seen youtubers promoting such apps

    • @malamirasi
      @malamirasi 3 роки тому +6

      Not only that they are randomly running google and facebook ads

    • @VIKASSAINI007
      @VIKASSAINI007 3 роки тому +4

      Agreed, chappri youtubers/instagramers endorsing such apps

    • @motojee3069
      @motojee3069 2 роки тому

      Paisa milta hai , they dont give a fuk . Car reviewers keep Praising a pathetic car which has so many structural , safety issues. Paise ke liye kuch bhi bol denge

  • @abhishekjain94
    @abhishekjain94 3 роки тому +603

    The loan mafia episode on Discovery plus covers this topic extensively where one victim just installed the app and never used it. His relatives were pestered & his private images were shared to them as well. Privacy is compromised even if you just install these apps. Another great video Mohak👍

  • @nocturnal0315
    @nocturnal0315 3 роки тому +279

    Students are mainly affected by these apps.

    • @superamazingcontent5859
      @superamazingcontent5859 3 роки тому

      Right

    • @Aman-qg2ey
      @Aman-qg2ey 3 роки тому +2

      Can you please explain in breif how ?

    • @rehaninamdar3208
      @rehaninamdar3208 3 роки тому +34

      @@Aman-qg2ey In my college days, like 4-5 years back, some of my friends who needed instant money for booze or any other luxuries, borrowed money from some of the apps like slicepay. They also gave EMI option to buy items like mobiles, so many were attracted. But many ignored the fact about high interest and later literally struggled very hard to repay the money. Some of them even borrowed money in lakhs and later sold thier vehicles. FFS

    • @Aman-qg2ey
      @Aman-qg2ey 3 роки тому +4

      @@rehaninamdar3208 thanks for the information

    • @sammybosak10
      @sammybosak10 3 роки тому +4

      @@rehaninamdar3208 Damn.

  • @nitishkumarjurel241
    @nitishkumarjurel241 3 роки тому +608

    Any kind of Chinese scam: exists
    Mohak: It's showtime

    • @wassafshahzad8618
      @wassafshahzad8618 3 роки тому +17

      Arent the people working for them indian ?

    • @oscaarexports2494
      @oscaarexports2494 3 роки тому +87

      @@wassafshahzad8618 yes, Chinese just flow money, rest done by Indians.. No Chinese will learn Telugu and sent voice message in a whatsApp group 😂

    • @ayaanmukherjee4701
      @ayaanmukherjee4701 3 роки тому +14

      @@oscaarexports2494 ye bhadia tha

    • @Gamergirll0.5
      @Gamergirll0.5 3 роки тому +3

      Lol

    • @null--404
      @null--404 3 роки тому +10

      @@oscaarexports2494 Only financial literacy and people's mindset will change things.

  • @namaskarprasad
    @namaskarprasad 3 роки тому +209

    Very well researched video Thank you for the valuable information🙏

    • @ravirajhembrom5108
      @ravirajhembrom5108 3 роки тому +8

      Arre sir ap yaha v😁

    • @phoenixbagri744
      @phoenixbagri744 3 роки тому +5

      I didn't expected you to be here.

    • @suraj0909
      @suraj0909 3 роки тому +3

      अच्छाई अच्छाई को खींचती है

  • @shubhamjoshi8762
    @shubhamjoshi8762 3 роки тому +84

    longest living world war 2 veteran richard overton said in an interview that "I dont fool myself with a credit card and whenever I buy a thing I pay cash for it" he lived till 112 age

    • @abasisc5391
      @abasisc5391 3 роки тому +2

      👏👏

    • @OOnhar
      @OOnhar 3 роки тому +11

      what are you implying here? That the guy lived a long life because he paid in cash only?

    • @MD-mi3nl
      @MD-mi3nl 3 роки тому +17

      @@OOnhar no because he didn't have to stress about finance companies and banks fucking him over.

    • @shubhamjoshi8762
      @shubhamjoshi8762 3 роки тому +5

      @@OOnhar even your holy Quran says it too never borrow from anyone do hardwork to earn money and youll lead a relaxed life

    • @neeljavia2965
      @neeljavia2965 3 роки тому +2

      Good joke.
      Do that and remain poor forever.

  • @mohammedsafdar0912
    @mohammedsafdar0912 3 роки тому +378

    What a underrated topic you choose thank you so much

    • @mohammedsafdar0912
      @mohammedsafdar0912 3 роки тому +4

      @ALL TIME GAMING good job brother

    • @jumbothelabwoof7013
      @jumbothelabwoof7013 3 роки тому +3

      Well it was covered in Hindu news paper a week before

    • @rohitbasak8293
      @rohitbasak8293 3 роки тому +6

      What underrated? It's literally been weeks.

    • @jumbothelabwoof7013
      @jumbothelabwoof7013 3 роки тому +1

      @@AbhishekLour He is trying to be the new Dhruv Rathee. Just want to pick some topic and react with little info.
      The worry is, people are more ignorant these days

    • @MuhammadIrfan-iu2ty
      @MuhammadIrfan-iu2ty 3 роки тому +1

      China bhut kuch plan krra hai bhai lgta hai doosra virus laayega😵

  • @sudarshan7111
    @sudarshan7111 3 роки тому +115

    Not only financial literacy but financial education. Even the best-educated people use to get trapped in all this.

  • @ivinitmittal
    @ivinitmittal 3 роки тому +303

    I had a friend in my tution who had taken a loan of 5000 from these apps, and I remember getting calls from these soo called debt collecting agencies, and they even tried to physically hurt him, not only these apps use these agencies, even my uncle faced threats like this after he took a loan from a well reputed Billion dollar NBFC in India, that's the reason why people turn to such apps!!🤦‍♂️😐

    • @iover3895
      @iover3895 3 роки тому

      True

    • @huiihuiii
      @huiihuiii 3 роки тому +9

      Then complain about these apps to police

    • @ashutoshsingh2669
      @ashutoshsingh2669 3 роки тому +5

      Reputed Billion Dollar NBFC?

    • @ashutosht10
      @ashutosht10 3 роки тому +12

      5k ke liye khoon. Legend company broo 😂😂

    • @mkr_619
      @mkr_619 3 роки тому +1

      @@ashutosht10 are to interest to rehta hai na... 20% bhi Maan to 1000 hue.... 7-14 days Mein easy 1000 ban gaya profit.. Aur delay karne se aur bhi penalty aur interest hoga... Aur aisa ek ke Saath nahi bahot logon ke Saath hota hoga.. Plus dedicated team ya group of people honge jo bas call or harras karne ke liye

  • @1megabyte
    @1megabyte 3 роки тому +282

    the sad news is that news and reports like this is hidden from the larger chinese public eye

    • @crazyshorts4278
      @crazyshorts4278 3 роки тому +24

      Hahaha.
      So what do you think? They will stand for us if they knew it?
      I don't think so.

    • @Balidan2412
      @Balidan2412 3 роки тому +22

      Arey bhai vahan pe Chinese Propaganda chalta hai vo kyu manege? Vahan pe media kahan hai?

    • @sweetpotato2306
      @sweetpotato2306 3 роки тому +6

      Imao, Dude I get you but they are greedy. China just know how to squeeze juice in the eyes of world. But as we people need to correct the illiterate and support those who go through financial crises. The first-ever motive to think is that why would anyone help you out? Even with money? Just why?

    • @gulammohiddin5747
      @gulammohiddin5747 3 роки тому +7

      Bro, China doesn't care about their own people. But I don't blame you for thinking other wise. Not everyone is like an Indian to have empathy towards others.
      We should learn about all their tactics at all levels before they do some major damage to our country and economy. Seems like they are attacking us at every level, be it border security, trades, business or societal issues. I mean how tf were they even able to hire some gundas to harass Indians in their homes? like wtf.!!

    • @rishabhtripathi5489
      @rishabhtripathi5489 3 роки тому +5

      Bhai hamare yaha call centers hote hai jo Us Uk k log ko scam krte hai..Yaha koi kuch nhi bolta to hum kese Chinese log se expect kr skte hai kuch karne ko.

  • @null--404
    @null--404 3 роки тому +51

    Government should ban these Chinese app also . 🙏🙏

    • @homelander2759
      @homelander2759 3 роки тому +20

      basically these are no chinese apps these are Indian apps with chinese support so banning them does not do anything the only solution is spreading awareness or boycotting them

    • @bittu2507
      @bittu2507 3 роки тому

      @@homelander2759 true. Even goons are locals.

    • @homelander2759
      @homelander2759 3 роки тому +1

      yes 😁

    • @hellow7522
      @hellow7522 3 роки тому

      fake pfp

    • @vivekmishra007
      @vivekmishra007 3 роки тому +3

      We Indians have just one solution for all the problems. If you would have watched whole video you can understand why banning something is never a solution, porn websites are ban in India but see the usage of porn after ban, plastic is ban in my city mumbai but everyone is using it. Pubg got banned now battleground came in market and again dominating in India and it's made by same chinese company which developed pubg. We have to think for long term solutions.

  • @AbhishekMittal09
    @AbhishekMittal09 3 роки тому +48

    This needs to be fixed!! It feels bad to know that people fall prey to such apps and get exploited.

  • @raysab27
    @raysab27 3 роки тому +63

    I have seen many people from lower income groups borrow from some money lenders in extremely high interest rates. My family have been helping one of them by lending money without interest when needed. But I never knew how big the problem is in India.

    • @tackytaco8133
      @tackytaco8133 3 роки тому +4

      That's great work you've been doing

    • @ObscuredByCloud
      @ObscuredByCloud 3 роки тому

      Truly great service by your family 🙏

  • @MrBuddyBeagle
    @MrBuddyBeagle 3 роки тому +11

    These apps need strong governance and financial literacy among people. Thanks Mohak for highlighting this topic.

  • @human-bt1iz
    @human-bt1iz 3 роки тому +143

    This are the times I respect iphone for their strict App store policies

    • @beastguy1m
      @beastguy1m 3 роки тому +16

      iPhone 13 was hacked by a Chinese hacker 😂

    • @sridhar-natuva
      @sridhar-natuva 3 роки тому +36

      @@beastguy1m then android is easy to hack for the same guy.
      The point is iphone atleast stands for strict policies. If not today, they will maintain security tomorrow. But android has no strict policies.

    • @human-bt1iz
      @human-bt1iz 3 роки тому +1

      @Fu©️ked by life In India the price is right but iphones are not bad phones, it is just that you can buy Android phones with more features for less price

    • @lofimusic7406
      @lofimusic7406 3 роки тому +1

      @@beastguy1m the same guy said that androids are so weak that hacking them is what he does for practice. Also there is a difference between ethical hacking and dark hacking

    • @human-bt1iz
      @human-bt1iz 3 роки тому

      @Dickey Spouse You are wrong but iphone is really easy it is made that way, android is difficult

  • @rishiganguly3569
    @rishiganguly3569 3 роки тому +11

    I urge people to share this video as much as possible. Only through mass awareness and education can we get rid of such scams. Please educate yourself and your friends on these topics of financial awareness

  • @stacksmasherninja7266
    @stacksmasherninja7266 3 роки тому +5

    Unfortunately, Google holds no ground for banning a particular app like this. It's super difficult to identify a shady app from a real one

  • @nikhilrahwani1234
    @nikhilrahwani1234 3 роки тому +55

    Your content is just unimaginable,you are doing such a great job for the country. 🔥💯

  • @anirudhr6052
    @anirudhr6052 3 роки тому +62

    If anything financial is easily attainable, be wary bout it.

  • @Phanindra-Kumar
    @Phanindra-Kumar 3 роки тому +154

    DUDE!! You are doing a great service to this nation which is much more than shitty politicians and bureaucrats.. Mad mad respect.
    Journalism lives.

    • @Void_from_Abyss
      @Void_from_Abyss 3 роки тому

      @PeaceMakerV 😁😂😂

    • @crowkun4652
      @crowkun4652 3 роки тому +4

      @PeaceMakerV mistake happens

    • @manojramesh4598
      @manojramesh4598 3 роки тому

      @PeaceMakerV that guy just edited 😂

    • @koumei1709
      @koumei1709 3 роки тому +1

      Stop calling every politician and bureaucrat shitty.

    • @Subhrajyoti
      @Subhrajyoti 3 роки тому

      @@koumei1709 i know not everyone is but most of them are
      around 70%

  • @theundiscoveredjourney_
    @theundiscoveredjourney_ 3 роки тому +13

    Thank you Mohak for making a video on such a sensitive topic. This is an eye opener for all Indian middle class.
    Moreover Government should definitely regulate and block such businesses as this is such a huge concern.

  • @Moviesflex1998
    @Moviesflex1998 3 роки тому +19

    Need to talk about this apps on media more

  • @aimlessdisc5993
    @aimlessdisc5993 3 роки тому +123

    Some other solution can be that a trusted Indian company or Indian government should itself create loan giving apps and popularise it so that these illegal apps will not be used anymore .

    • @Space_Odyssey37
      @Space_Odyssey37 3 роки тому +9

      Govt janta se ulta le legi , dene ki baat dur.

    • @arjunsingh4514
      @arjunsingh4514 3 роки тому +10

      @@Space_Odyssey37 jaise ye apps tumhe de rhi h

    • @Space_Odyssey37
      @Space_Odyssey37 3 роки тому +2

      @@arjunsingh4514 Lol maine kabhi in sab apps ka use kiya hi nahi kyun ki mujhe pahle se lag raha tha ye scam hai. But bura laga un logo ke liye jinhone in sab app se loan ki aur harassment ke shikar hue.

    • @arjunsingh4514
      @arjunsingh4514 3 роки тому +5

      @@Space_Odyssey37 ha bhai ye tao h, logo ko khud samjhana chahiye ki free m koi cheez ni milti.

    • @gulammohiddin5747
      @gulammohiddin5747 3 роки тому +3

      This is actually a good approach to regulate such micro-finance apps. DICGC should also include these NBFC's under their umbrella for these companies to perform any business in India.
      I hope India catches up with digitizing money-lending market with some solid foundation which works for Indian economy instead of copying other countries infrastructure.

  • @devansharora9464
    @devansharora9464 3 роки тому +33

    Such a incident recently happened with my brother who was suffering from such financial issues. The loan amount was literally really really small and there was still time to repay it but the apps used his contacts as said to insult him and harass him.

  • @sawvicksarkar4020
    @sawvicksarkar4020 3 роки тому +5

    A professor in my town killed his wife and 12 year old son and hanged himself after taking loan from such apps and couldn't return. These apps when installed get acess to mobile contacts and then send false and shameful information about the person to his contacts ruining his name. This happened 4 days ago

  • @ShankyJ15
    @ShankyJ15 3 роки тому +9

    Great video. this kinda unofficial loan apps are an issue.
    Also, I think one of the major issue India is facing is. Huge NPA. That is the reason many people not getting loans easily from NBFCs or small bank. And they have to force to go to such small apps.
    For years and years big and small names took loans. Never gave it back. And neither govt nor the law did anything about it. India's NPA is huge if you compare it to other economies of this size. (Around 8%) ..Its not healthy for economy.

  • @tarun_235
    @tarun_235 3 роки тому +1

    maine bhi loan liya tha.
    aur itna preshan hua ki decide kiya ki paiso ki kami se bhale hi mar jaau lekin inse loan nhi lunga.
    ab soch lo kitna jyada pareshan krte h ye log.
    3 saal pahle 2k liya tha payment 3.3k kiya time se. lekin aaj tk pareshaan hu

  • @AC-ov8rw
    @AC-ov8rw 3 роки тому +19

    You're a Public Servant my friend. An actual one! Loads of respect for you and your team. ☺

  • @Adi.Priya1
    @Adi.Priya1 3 роки тому +26

    I just don't understand how people don't let their parents or partners touch their contact details, browsing details, or gallery, however they just give access to random companies. Do they not watch adds, campaigns against it. It is obvious that these apps would need something for guaranty of their money. If you take a loan and can.t pay it back to bank/lender they definitely will seize your property. The instant apps doing the online version of the same.

  • @jojosoni
    @jojosoni 3 роки тому +27

    Think School made a really good video about how loan can be given on micro level which was implemented in South american country using the blockchain technology. the title is "How to end poverty in India : Cardano Case study from Ethiopia"

  • @nileshmodi6146
    @nileshmodi6146 3 роки тому +7

    Brilliant explanation. Have been following your videos for a while now; and I must say your research is getting better by the day. Keep up the good work man!

  • @ahadnoor2358
    @ahadnoor2358 3 роки тому +19

    11:07 Exactly I was thinking
    In my village one labour (for her sister's marriage) borrowed 3000 from a money lender at interest rate of 1000 per month. 120% interest rate.

    • @Anshu_Gupta
      @Anshu_Gupta 3 роки тому +3

      Per month?

    • @ahadnoor2358
      @ahadnoor2358 3 роки тому +1

      @@Anshu_Gupta yes,
      then I was student
      I couldn't help him

  • @lovelillysingh1230
    @lovelillysingh1230 3 роки тому +3

    Wow what an amazing video! I love your videos Mohak!!

  • @abhi4u20
    @abhi4u20 3 роки тому +14

    These apps /NBFC should come under GST. RBI should list them and have a licencing model.

  • @pratibhasridharan1854
    @pratibhasridharan1854 3 роки тому +14

    Soch never dissapoints 💜

  • @ajinkyagawai
    @ajinkyagawai 3 роки тому +3

    This is kind of thing I was thinking about from last few days and you give me a well explaination over lots of small question. Good work brother 🔥

  • @hashmatali9586
    @hashmatali9586 3 роки тому +1

    Every word of Mohak is right. My one friend is also an example of these frauds..

  • @banshinath8773
    @banshinath8773 3 роки тому +5

    Let's address the obvious, the sole reason why these predatory loan apps are growing is because of the social media influence. A lot of UA-camrs promote these kinds of apps for a small chunk of sponsorship. Since the majority of the audience is the young generation and they do not have a proper economic education they fall for it. All of us have seen several youtube videos where the guy will promote loan apps, stock markets, crypto, batting app as a sponsor. I believe the influencer should promote the legit sponsors.

  • @yt.neerajkumar
    @yt.neerajkumar 3 роки тому +4

    This video is perfect example to know that Financial Literacy is important than being rich

  • @aakashvijay
    @aakashvijay 3 роки тому +5

    Well done mohak. your videos are always eye opener. same situations is also with big bank credit cards recovery agents. they usually find references from other loans from same bank and target to recover money in any case

  • @saurabhbhope5394
    @saurabhbhope5394 3 роки тому +2

    Wonderful and much needed video on such topic, thank you and keep up the good work Mohak 👍

  • @ivinitmittal
    @ivinitmittal 3 роки тому +50

    Now I realise why the new episodes of tmkoc are soo bad!!! 😐😢

    • @hemesh469
      @hemesh469 3 роки тому +7

      haa bhai mai bhi vahi soch rha tha.

    • @abasisc5391
      @abasisc5391 3 роки тому +7

      poor guy

    • @JEE-pk1yt
      @JEE-pk1yt 3 роки тому +1

      What is the reason?

    • @Balidan2412
      @Balidan2412 3 роки тому

      @@abasisc5391 abey pele video puri dekh, aajaate hain comments padne

  • @bollypoli
    @bollypoli 3 роки тому

    I don't why your subscriber are sooo less
    Such a under rated channel
    You saved some people from unnecessary headache
    I don't know why UA-cam don't promote u enough

  • @awesomgamer4550
    @awesomgamer4550 3 роки тому +36

    Came here as soon as notification came.

    • @jocialgupta7706
      @jocialgupta7706 3 роки тому

      Itne khali baithe rehte ho kya

    • @awesomgamer4550
      @awesomgamer4550 3 роки тому +3

      @@jocialgupta7706 hn sham ko koi kaam nahi hota 😂😂

    • @Thsushd
      @Thsushd 3 роки тому +1

      @@jocialgupta7706 Teri Tarah chapri content Nhi dekhta, relevant Aur knowledgeable content dekhta he samjha tu chapri 😂😂

  • @ClashWithJhakas
    @ClashWithJhakas 3 роки тому +36

    Aapki video bilkul sahi time pe ati hai hameesha 👍👍❤️❤️❤️

    • @superamazingcontent5859
      @superamazingcontent5859 3 роки тому +1

      Right ✅

    • @ganityatra252
      @ganityatra252 3 роки тому +1

      Exactly

    • @abhijitbarman7541
      @abhijitbarman7541 3 роки тому

      It's too late!! Did you heard the news in west bengal, a man killed his wife and innocent son? After that he hanged himself. And there are many incidents like this.🥺🥺

  • @varunprajapati5838
    @varunprajapati5838 3 роки тому +4

    This is so underrated topic!!

  • @manofwords9899
    @manofwords9899 3 роки тому +1

    Now a days ur topics are really helpul for society...keep it up bro...u r taking really good topics

  • @arpanabinaswar1811
    @arpanabinaswar1811 3 роки тому +47

    Basically Chinese loan bank is doing what China Does to Govt of Sri Lanka , Pakistan , African Nations

  • @The_knowledge-Er
    @The_knowledge-Er 3 роки тому +1

    बहुत ही प्रभावशाली रिपोर्ट है भाई साहब ‌! Well done ✅ , अगर आपके विडियो को कोई देख ले तो उनकी दिमाग की बत्ती जल जाएगी । मुझे तो इन लोन ऐप्स ने लोन लेने के मैसेज कर कर के पका दिया ...पर मेरी भी चमड़ी मोटी है फालतू काम और अनजान जहग हाथ में नहीं डालता ' DND लगा दिया अब मैसेज करो ! मां का जना।

  • @User-friendlyno123
    @User-friendlyno123 3 роки тому +14

    Lol!! I knew that these apps aren't genuine but i still managed to get around 9k and never returned....

    • @theidk4589
      @theidk4589 3 роки тому +1

      Lol

    • @pilosopher974
      @pilosopher974 3 роки тому +9

      Your data = Money. Nothing's free 🤦

    • @nerfedthor
      @nerfedthor 3 роки тому

      @@pilosopher974 i would too sell my data for 9k (ofc not the passwordS and all)

  • @abhisheknannavare7931
    @abhisheknannavare7931 3 роки тому +1

    You choose issues superbly🙋
    Hats off to you.....

  • @rahul4024
    @rahul4024 3 роки тому +34

    Hearing all this makes you believe that Apple charging huge fees on its app Store and making it closed makes so much sense. The high fees is what protects the users.
    But offcourse not everyone can afford the high fees and Apple phones.

  • @aagamjain1395
    @aagamjain1395 3 роки тому +1

    Mohak! I like this companies scam exposing series. Keep up the good work man

  • @prithisheric
    @prithisheric 3 роки тому +31

    There are still lot of illegal loan apps on playstore.

  • @vipinbhatnagar582
    @vipinbhatnagar582 3 роки тому +1

    Brilliant explaination.......

  • @GulGeeOfficialExtra
    @GulGeeOfficialExtra 3 роки тому +9

    Just Loved your channel videos 😍 Love from Pakistan 🇵🇰 keep uploading

    • @unstoppablerunner1836
      @unstoppablerunner1836 3 роки тому

      Aapke yaha koi entrance exam hota hai ? Jese yaha engineering ke kiye jee medical ke liye neet . Wese

  • @amitsrivastav3902
    @amitsrivastav3902 2 роки тому +1

    Maine bhi kuch month pehle loan ke liye kreditbee aur 2-3 rbi registered loan app download Kiya tha..kisi mein loan mila nhi tha waise....
    Aur offline aadmi se 3% monthly interest mein loan chal rha hai.. kyunki bank wale loan dete nhi hai gareeb ko

  • @inertiaoffun6559
    @inertiaoffun6559 3 роки тому +6

    Better than Dhruv rathe ....he has more practical content ...

  • @tahirsheikh5580
    @tahirsheikh5580 3 роки тому +1

    Eye opener 👏👏👏👏

  • @flutterquickdemo2468
    @flutterquickdemo2468 3 роки тому +3

    I will celebrate myself when this channel hits 1 million

  • @livecricket7919
    @livecricket7919 2 роки тому +2

    I didn't took any loan... But they took all my data... And harrasing me to pay the amount I don't even got..... What should I do.... It's much 😖pressure

  • @sueme5930
    @sueme5930 3 роки тому +4

    Just Need a law saying that :
    " You don't need to pay back any money taken from such Mobile ".
    Phir, dekho Recovery agent's ki kya dhulaai hota h Daily basis me.. 😇

  • @theknownthings4207
    @theknownthings4207 3 роки тому +1

    Your subject choices is great

  • @ivinitmittal
    @ivinitmittal 3 роки тому +29

    I believe that apps like credmate and tech like P2P lending is the future of micro finance??🤔

    • @yuvrajsaini977
      @yuvrajsaini977 3 роки тому +3

      There future is uncertain

    • @Niraj-yadaw
      @Niraj-yadaw 3 роки тому

      dhani man freedom kard ka kya Funda hai bhai

  • @manusharma3212
    @manusharma3212 3 роки тому

    This video is Gold. This will help a lot of people throughout the country.

  • @Valkyier911
    @Valkyier911 3 роки тому +3

    Hi Mohak, I am a fan but at 3:30 with a build up around micro finance and how borrowers are being trapped you start talking about stocks! Build up is fine but this took away from the video topic.

  • @akash8447
    @akash8447 2 роки тому +1

    This video Feels very scary when This things happen with your friends

  • @darthashpie
    @darthashpie 3 роки тому +6

    Bro this happened with my brother , they were threating to tell our relatives lol. Filled an FIR

  • @abdulqadirmnnitallahabad2672
    @abdulqadirmnnitallahabad2672 3 роки тому +1

    Thank you for awaring!

  • @arifrock12
    @arifrock12 3 роки тому +8

    Thank You so much for highlighting this topic. May Allah bless you brother

  • @parichayhin6141
    @parichayhin6141 3 роки тому +1

    First Mohak's channel was kind of like Vox and now it's looking more similar to Jake Tran... Love these channels.... An amazing video again ♥️

  • @Prakriti_Senpai
    @Prakriti_Senpai 3 роки тому +11

    It really is so good video
    We really need to be aware about everything we do._.

    • @apbk10
      @apbk10 3 роки тому

      Looks like you are from Chinese

  • @user-tj9ez1gu7u
    @user-tj9ez1gu7u 3 роки тому

    Oh.. Mohak you are doing great job..what a reasearchful video..Thank you🤗..

  • @indraprakash3458
    @indraprakash3458 3 роки тому +3

    Same incident happened near by me loan approved by 32% intrest rate😬

  • @justmasum2996
    @justmasum2996 3 роки тому +1

    Great video and great research. Your videos are very educational and good 4 the world 👍🏾

  • @hemantsudarshan2477
    @hemantsudarshan2477 3 роки тому +16

    Why do people ignore the fact about the annual interest? I have seen many elderly people doing this mistake.

    • @yashvardhangoyal9063
      @yashvardhangoyal9063 3 роки тому +2

      They don't ignore it brother, it's just that they need the money asap and without hassle,so they think to deal with the problem of interest later on

    • @Thsushd
      @Thsushd 3 роки тому +1

      @@yashvardhangoyal9063 Yeah but they should be aware about that scam, unfortunately our media doesn't cover about all these stuff

  • @abhijitbarman7541
    @abhijitbarman7541 3 роки тому +2

    Two days ago same incident happened near my home in West Bengal. The man killed his wife and his innocent child. Then after wrote a suicide note the man hanged himself. In this suicide note he mentioned when he was killing his wife, her wife didn't prevent him to do that. After that he called his son. His son was asking, why he killed his mother. Then, thinking the future of the son he killed his son in same way as his mother. The man was a school teacher.🥺

  • @MedicineBrat13
    @MedicineBrat13 3 роки тому +8

    Why tf does it sound scary ? It's no less than a mafia system .

    • @pilosopher974
      @pilosopher974 3 роки тому +1

      Yeah it's a hidden trench, once you are in, it's literally impossible to reverse the damage done.

    • @MuhammadIrfan-iu2ty
      @MuhammadIrfan-iu2ty 3 роки тому +1

      China is beyond mafia 😨😰 I mean he is planning for war😓

    • @knowledgedesk1653
      @knowledgedesk1653 3 роки тому

      @@MuhammadIrfan-iu2ty *it

  • @muditvashishth2055
    @muditvashishth2055 3 роки тому +1

    Hats Off to you.
    This issue needs to be discussed more.

  • @kapilmittal8402
    @kapilmittal8402 3 роки тому +3

    All the things end with non awarness of problems in society, and school should teach this but they only teach us things that doesn't even matter now. I wish our teachers were as Mohak.

  • @tamanna4697
    @tamanna4697 3 роки тому

    My sister once said she'll take a small loan from these instant apps, thank God my father gave it to her

  • @Abhishek-sz9xw
    @Abhishek-sz9xw 3 роки тому +12

    Even in this video i got add for loan😂😂

  • @PawanSharma-qn3hd
    @PawanSharma-qn3hd 3 роки тому

    Aap itna accurate content kaha se late hai . Pura topic ek dum clear ho jata hai plzz batai yeh

  • @abhishekshrivastava739
    @abhishekshrivastava739 3 роки тому +4

    About to reach 1k thanks everyone for your support 🔥❤

  • @troubledmind6447
    @troubledmind6447 3 роки тому +1

    Most important topic to show how to fraud is going on today with students and middle class families.

  • @sanjaychauhan1116
    @sanjaychauhan1116 3 роки тому +10

    He never disappoints us

  • @amitkumarmahato8352
    @amitkumarmahato8352 3 роки тому

    *We need to share this information.*
    Please share this it will save countless lives.

  • @jijovj3808
    @jijovj3808 3 роки тому +4

    Does strong currency or minimum wage which one cause the jobs to outsource and make labour expensive? Can u answer it or explain about it in your upcoming video?

  • @puneet572
    @puneet572 3 роки тому

    Very much needed information hope people will understand scam behind these apps. Thanks Mohak to bring this bitter truth & exposed them in front of us. Very well explained.

  • @kamranduda
    @kamranduda 3 роки тому

    *Amazing analysis Mohak* ⚡💥👍🏼

  • @saliljamdar5656
    @saliljamdar5656 2 роки тому

    This was one of the best research and required video on UA-cam, I shared it amongst 4-5 different WhatsApp groups and literally many members from the groups thanked me, hope to see more such awesome content ahead ✌️❤️

  • @YashSharma-np8qq
    @YashSharma-np8qq 3 роки тому +1

    My milkman got scammed with around 3000 rs . Fortunately he was using these apps in front of me and I snatched his phone as soon as I saw that. He is aware now :)

  • @besarammishra5635
    @besarammishra5635 3 роки тому

    You choice of topics are awesome keep growing ❤️👍👍

  • @Harry_Puttara
    @Harry_Puttara 3 роки тому

    बहुत सूंदर प्रस्तुति , धन्यवाद्।

  • @lone_wolf03205
    @lone_wolf03205 3 роки тому

    I took loan, repayment got delayed, they started abusing me, I fired a complaint, they called me for 2 more days, SI talked to him,, now I owe them 3700k to loan app, they owe me 30000 via consumer court

  • @adventrevivalandreformatio1144
    @adventrevivalandreformatio1144 3 роки тому

    Yes yes brother. Hopefully ye video accha hi nahi bahut accha aur informative aur satark wala huwa. Thank you Mohak brother.

  • @AryanKumarRaj-rq6pm
    @AryanKumarRaj-rq6pm 3 роки тому +1

    The most unique content creator on UA-cam

  • @Ias_forecast
    @Ias_forecast 3 роки тому

    One of most important video for our society..thanku

  • @SyedaLailaAliJaffri12
    @SyedaLailaAliJaffri12 3 роки тому +1

    Dude you're doing a great job
    Respect from Pakistan 🇵🇰