- Menacing messages, threats spiral along with debt
- Legal loophole creates Wild West for lending apps
- Complaints mount but regulators powerless to act
By Diana Baptista and Avi Asher -Schapiro
MEXICO CITY, Aug 11 (Thomson Reuters Foundation) – A week after Pedro Figueroa borrowed 10,000 pesos ($500) from José Cash, a popular Mexican lending app, the barrage of online abuse began.
A slew of WhatsApp messages swamped his phone, threatening harm – to him and his reputation – if he did not pay. Continue reading
The average Brit uses just 10 of the 17 apps on their phone according to new research from Builder.ai. Yet, over a third (35%) claim that they couldn’t live without using social media apps such as Facebook, Instagram and TikTok. The survey of 2,000 UK adults reveals all about Brits’ app habits, Continue reading