Friends, do you need an immediate personal loan at this time or are you looking for an application that will provide you with an immediate personal loan, before taking the loan, it is important to know about the application.
Techy Loan is a trusted platform that gives you well-researched reviews of websites and apps.
In today’s post, I will give you a review of the Credit Park Loan App, Is this application real or not, is it okay to take a loan from this app or not, you will know through this post.
Contents
What is Credit Park?
Credit Part is an online lending application that offers rapid personal loans. It also claims that it may provide emergency loans without any income proof or CIBIL score. In 2022, Vigelle Financial Private Limited will introduce this application.
This application was available on the Play Store for some time and had more than 1 lakh downloads, but due to some reason, it has now been removed from the Play Store. What is the reason, let us know further.
According to this application, you may easily obtain a loan between ₹1,000 and ₹50,0000 Rupees without income proof and CIBIL score.
Application Claims:-
- Safe
- Reliable
- No Income Proof
- No Cibil Score
- Loan up to 50k
- Low-Interest rate
- No Advanced Fees
Friends, as this application is claiming, is this claim really real? Can we take a loan from this application or will we get stuck by taking this loan? Read the complete article to know this.
Application Name | Credit Park |
Who launched | Vigelle Financial Private Limited |
Loan Amount | ₹1k to ₹50k |
Processing Fees | No |
Interest Rate | 18.25% |
Loan Tenure | Short Term |
Launched Year | 2022 |
Application size | 6.7 MB approx |
Total downloads | 1 Lakh Install |
Rating | 4.3 |
Real or Fake | Fake & Not Safe |
Website | No Website |
RBI Approved | Read Full |
Credit Park Loan App Eligibility
Friends, to take a loan from the Credit Park application, you will have to follow these eligibility criteria.
Minimum age | 18 Years |
Maximum age | 45 years |
Nationality | Indian |
Cibil Score | 600+ |
Bank | Must Active Bank Account |
Income | Stable |
Credit Park Required Documents
You need all of these documents to apply for a loan through the Credit ParkLoan Application.
- Aadhar Card
- Pan Card
- Selfie
- Email Id
- Address proof
- Mobile Number
Credit Park Customer Care Number
Care Number | 7050190772 |
Office Address | Not Found |
Founder Name | Not Found |
Email id | Not Found |
Credit Park Loan App Real or Fake
Friends, the Credit Park Loan App claims that it gives you loans ranging from Rs 1k to Rs.50k in just a few minutes with fewer documents like Aadhar cards or PAN cards.
When we tried to find its website and email, we neither found any of its emails nor any of its websites.
In reality, Credit Park is a fake application because this application is not registered with the NBFC or the RBI also gets you in trouble.
Credit Park Loan App Scam
Friends, if you are thinking of taking a loan from this application, then you can get trapped in their big scam which is very difficult to escape because this application is not available on the Play Store and now it is trapping people by running ads on Facebook and Instagram.
Friends, suppose you download this application and apply for a loan of ₹ 10,000, and your loan gets approved, then after that, a scam starts with you,
The reality is that this application gives you a loan only for 7 days and within these 7 days you have to pay 40% to 50% more interest on this loan which is more than the loan amount.
You will have to repay this loan within 7 days, along with this you will have to pay two to three times more interest, which means ₹15000 to ₹17000, and you will have to pay interest on a ₹10,000 Loan.
This is also a Fake App: Kredito24 Loan App Review: Scam or Legit?
Credit Park Loan App Harassment
Friends, after the loan is approved and the money is credited to your account if you do not repay your loan within 7 days, then it can trouble you a lot.
For example: they will call your number daily and send you daily messages on WhatsApp and if you refuse to make the payment, they will abuse you and also threaten you if you do not repay the loan.
Along with this, they will call all the numbers in your contact list, abuse them, and ask them to repay the loan.
Also, Your obscene image will be created and sent to your contact list. This will irritate you completely and you may even think of committing suicide.
Read This Suicide Case
The entire family committed suicide after getting trapped in the fake loan apps.
How to get out of fake Loan Apps?
Friends, you are one of those people who download the loan application form without reading the reviews and then get stuck in it. Read reviews on techyloan.com to avoid using any loan app from now on.
This will assist you in avoiding downloading any fraudulent apps. Let us now know how to stay away from these applications.
- Don’t repay: If you are trapped in such fake loan applications then do not give them money. If you give money once then they will keep charging you money again and again.
- Do Complain: If you are being harassed by these fake loan applications then you can complain to them, it is your right call on 1930
- No Reply: If you are receiving messages and calls from unknown numbers, then do not respond to those calls and messages at all.
- Off Sim: If you want to completely avoid this, then you should switch off your SIM for 7 to 8 days or break the SIM and throw it away, there is no better solution than this.
Credit Park Loan App Review
Credit Park Loan App
Summary
All these details show that Credit Park is a completely fake and scammy application. Therefore my opinion is that you should not take a loan from this application.
Conclusion
Credit Park Loan App Review: Friends, if you have read this post till now then you must have understood that the Credit Park App is a fake application.
Through this app, you can easily take a loan and they also add money to your account without your permission when the time of repayment comes, it can also put you in trouble.
It is up to you whether you want to take a loan from this app or not, but friends, if you liked this post then please share it with your, Friends, please leave a comment if you see any mistakes in the article.
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