In today’s digital world, it is very easy to control your finances with your mobile. Within seconds you can transfer money, apply for loans or credit cards and so on. Many popular apps like Slice, and mPocket, have been providing personal loans for a long time so users trust them.
In recent days, a new loan app is getting into people’s hands known as Credit Go. This app claims ease of loan approvals and low interest rates. Let’s explore the reality of the Credit Go loan app and find out the truth behind it.
Credit Go Loan App Details
Credit Go is a personal loan app that provides loans overall in India. Recently Google Play Store removed this application because of their unethical activities. According to the Credit Go loan App, applicants can borrow money with minimal documentation, lower interest rates, and flexible repayment time.
Here are some popular features of the Credit Go App:
- Applicants can borrow money with minimal documents like a PAN Card, Bank Account and a selfie.
- This app claims to offer lower interest rates as compared to others.
- Applicants can get a loan for a flexible time from 3 months to 12 months.
Credit Go Loan App offers looks amazing to see but in reality, they don’t offer anything good. In a further section, we will expose their scam.
Credit Go Loan App Real or Fake?
According to reviewmatrix.in, Credit Go is a fake and Scam loan app. Many users reported this app as a scam and Google also removed it from the Play Store. Here are the red flags of the Credit Go app:
- No Transparency: There is no information regarding this app owners, developers and promoters.
- Not Available on Google Play Store: This app was removed recently from the Google Play Store because of unethical activities.
- Not Approved By RBI: Credit Go is not regulated under RBI or NBFCs.
- Fake Promise: This app claims are fake. They offer high interest rate loans and harass users.
- Negative Reviews: Many users shared their opinions regarding this app. They have many issues like high interest rates, blackmailing, harassment and data piracy.
Lastly, I will say Credit Go is not a reliable loan application. You can look at a better option and some other similar loan apps given below:
- MoneyTap Loan App Review
- Slice Loan App Review
- True Balance Loan App Review
- KreditBee Loan App Review
- Money Fine Loan App Review
What to Do If You’ve Used Credit Go Loan App?
If you’ve already downloaded or used the Credit Go Loan App, or borrowed money from this app then follow the instructions given below:
- Uninstall the app from your mobile phone immediately.
- File a complaint on the RBI’s Sachet Portal or the Cybercrime Portal.
- Remove or Block the unauthorized access of your data taken by this app.
- Share your experience with friends and family to prevent them from using the app.
Summary
Credit Go
Credit Go is a personal loan app that provides loans overall in India. According to reviewmatrix.in, Credit Go is a fake and Scam loan app. Many users reported this app as a scam and Google also removed it from the Play Store. Lastly, I will say Credit Go is not a reliable loan application. You can look at a better option.
Operating System: Android
Application Category: Loan
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FAQs
Is Credit Go Loan App RBI-Registered?
No, the Credit Go Loan App is not registered with the Reserve Bank of India (RBI) or partnered with any RBI-regulated NBFCs. This makes it an unregulated platform, which is a major red flag.
Why was Credit Go Loan App removed from the Google Play Store?
The app was removed from the Google Play Store due to unethical practices, including high-interest loans, harassment, and misuse of user data.
Can I trust loan apps that aren’t available on Google Play Store?
No, it’s risky to trust apps that are not listed on trusted platforms like the Google Play Store, as they often lack regulatory oversight and may misuse user data.
Is it safe to borrow from Credit Go Loan App?
No, borrowing from Credit Go Loan App is unsafe due to high-interest rates, harassment issues, and data privacy concerns.