Android Police

Articles Tagged:

loans

185

Opera reportedly has multiple predatory loan apps in the Play Store with interest rates of up to 876% (Update: Apps updated)

It's no secret that Opera isn't doing so well in the era of Chrome dominance. According to a report published by Hindenburg Research, the company's losses in browser revenue have apparently led it to create multiple loan apps with short payment windows and interest rates of ~365-876%, which are in violation of new Play Store rules Google enacted last year.

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4

Google publishes Play Store policies for personal loan apps

You might have noticed a proliferation of personal loan apps in the Play Store as of late. Sure, a lot of them have innovative ways to dress up a loan, but they still encourage people to borrow money. Google has published new rules in the Google Play developer policies aimed at preventing predatory loan apps from taking root in the store.

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