Sweet Money is a personal loan application available in India. The Sweet Money app has recently gained popularity because of its loan offerings. In India, many personal loan applications are launching day by day, so finding a legit loan app is not easy. That’s why Review Matrix is here – an online platform that provides research-based and trusted reviews regarding financial apps.
In today’s blog post, I am here to review another loan app, Sweet Money, in which I will share their loan terms and legitimacy. Let’s explore whether it is a legit or scam loan app.
Sweet Money Loan App Details
Sweet Money is a personal loan application in India that offers lower interest rates and flexible repayment time. This app is unavailable on the Google Play Store, so you must download it from third-party sources. According to Sweet Money’s official website, users over 18 years old and with a valid government ID are eligible for a loan. Their loan process is straightforward: download the app, fill out the application form, and get money in your bank account.
Also Read: Flash Wallet Loan App Review
Sweet Money Loan App RBI Approved or Not?
Sweet Money is a Personal Loan application in India. Many people have questions regarding whether their app is RBI-approved or not. Sweet Money’s official website says they are RBI-approved, but when I researched them, I found something different. In my view, Sweet Money is not an RBI-approved personal loan application and doesn’t work with any NBFC partner. So, I suggest staying away from this loan app.
Also Read: Kosh Loan App Review
Sweet Money Loan App: Real or Fake?
The question arises here about the legitimacy of the Sweet Money loan app. To find the answer, I captured many user reviews. In my opinion, Sweet Money is a scam personal loan application, and I don’t recommend taking out a loan using this app. Many users are facing harassment and blackmail from their side. Here are some other reasons show it is a fake loan app:
- This app is not available on the Google Play Store.
- There is no registration regarding company registration details.
- They have the wrong address and company details.
- They access users’ data without their permission.
- Customer Support service is too bad.
At last, Sweet Money is not a safe and secure loan app. I don’t recommend that anyone take out a loan from this app. If you want a safe loan app, message me at https://WA.me/917056270603. I hope you enjoy our blog posts.
Also Read: Buddy Loan App Review
Sweet Money Loan App Review
Sweet Money Loan App
Sweet Money is a personal loan app in India that offers low interest rates and flexible repayment terms. It must be downloaded from third-party sources and is not RBI-approved. Many users report harassment and data misuse, suggesting it is a scam. Due to these issues, it is advised to avoid using Sweet Money for loans.
Price: 00
Price Currency: INR
Operating System: Android
Application Category: Personal Loan
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FAQs
What is Sweet Money?
Sweet Money is a personal loan app in India offering low interest rates and flexible repayment terms.
Is Sweet Money RBI-approved?
Despite claims on their website, Sweet Money is not RBI-approved and does not partner with any NBFC.
Is Sweet Money a legitimate loan app?
Based on user reviews and research, Sweet Money appears to be a scam. Many users report issues like harassment and unauthorized data access.
Should I use Sweet Money for a loan?
Due to the significant risks and reports of unethical practices, it is advised to avoid using Sweet Money for loans.
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