In today’s time, people need money all the time but people do not have money all the time, hence people take loans from banks or any relative but in today’s time people prefer to take loans through apps available on Google.
Similar applications available on Google are claiming that they can provide you with a loan of more money at lower interest rates.
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 Money Fine Loan App Review, 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 Money Fine?
Moneyfine is a fast and secure platform for personal loans. We understand the importance of financial flexibility, and that’s why we offer a convenient online personal loan solution.
According to this application, you may easily obtain a loan between ₹1000 and ₹60,000 Rupees with flexible repayment. This application makes this claim; is it true or not? Read this article completely, only then you will be able to understand
You can also see in the screenshot that we have given in our article that it claims that it can easily provide you with an instant personal loan of Rs 22k for 220 days or 95 days without income proof and without a bank statement.
| Application Name | Money fine: Personal Loan App |
| Who launched | Eternal Financial Services Ltd. |
| Loan Amount | ₹1k to ₹60k |
| Processing Fees | 2.5% |
| Interest Rate | 23.7% Apr |
| Loan Tenure | 3 months to 5 months |
| Launched Year | Not Know |
| Application size | 12 MB approx |
| Total downloads | 3M Install [ Fake ] |
| Rating on Play Store | 4.8 [ 70k Review Fake ] |
| Real or Fake | Fake & Not Safe |
| Website | store.moneyfine.co |
| RBI Approved | Read Full |
Money fine Loan App Eligibility
Friends, to take a loan from the money fine 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 |
Money fine Required Documents
You need all of these documents to apply for a loan through the Money fine Loan Application.
- Aadhar Card
- Pan Card
- Selfie
- Email Id
- Address proof
- Mobile Number
Money fine Customer Care Number
| Care Number | 7477325529 |
| Office Address | MAHALAKSHMI BUILDING516 FIRST FLOOR HAVELI HAIDER QULI CHANDNI CHOWK Delhi [ INDIA ] |
| Founder Name | Not Found |
| Email id | Not Found |
How to Apply for a Loan in Money Fine
Friends, you have to follow the instructions provided by us in order to apply for a loan through the Money Fine Loan Application.
- First of all, you have to install this app from their Website.
- After this, you have to log in to this application with your number.
- To take a loan from the application, you have to fill in your personal details in it.
- After filling in your details, you have to submit your documents for KYC.
- Once your loan application is approved, the personal loan amount will be transferred to your bank account.
But friends, there is nothing like that because this application is not available on Play Store and it has uploaded its app on its website which looks just like Play Store.
If you borrow money through this app, a massive scam will befall you. If you fall into this trap, it will be quite difficult to escape.
Read This: Grand Finserv Loan App Review: 100% Fake
Money Fine App Scam
Friends, suppose, like me, you too must have seen the ad for this application on Facebook or Instagram which claims that it can easily provide you with a loan of Rs 22k at a low interest rate.
And whose loan tenure is from 3 months to 5 months and its interest rate is 23.7% as you saw.
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.
Is the Money Fine App Safe
Friends, the Money Fine Loan App claims that it gives you loans ranging from Rs 1k to Rs. 60k in just a few minutes with fewer documents like Aadhar cards or PAN cards.
But In reality, Money Fine is a fake application because this application is not registered with the NBFC or the RBI also gets you in trouble.
Money Fine 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 that 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: Here is the Link [ Case ]
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.
Money Fine App Review
Summary
All these details show that Money Fine is a completely fake and scammy application. Therefore my opinion is that you should not take a loan from this application.
Conclusion
Money Fine Loan App Review: Friends, if you have read this post till now then you must have understood that the Money Fine 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.
Loan paid kar diya he
Yes
Help me out with this scam. i have get a loan by this application but they are calling my all contact list nos.
Join to message me https://t.me/+RDqIC1we2C5mNDVl