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Retailopædia

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The Encyclopædia of Indian Retail — revised every hour



Consumer Financial Risk & Predatory Lending confidence 74/100

Digital Lending Apps: Fast Cash or Debt Trap? The High-Stakes Gamble Targeting the Underbanked

Short-term loan apps promise emergency liquidity in minutes, but sky-high APRs, aggressive collection tactics, and contact-list harvesting expose vulnerable borrowers to cycles of debt and documented psychological harm.

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