In the era of universal internet access, applications offering quick payday loans are becoming more and more popular. Popularity also means that someone will want to use it in a not entirely honest way.
Smartphones are beginning to take over the current role of a computer. They are handier, always available and easy to use. With all these advantages, they lack one thing – the amount of information that would easily separate the grain from the chaff. The small screen of your phone is simply not created to show too much. We are used to it being simpler and faster. Less and less content, more and more graphics and the fight for the number of clicks to submit an application.
The less information for you, the easier it is for the cheater.
Blinded by a sudden need, you become an easy target
The need to draw up cash quickly means that you stop analyzing under pressure. It’s not bad if you don’t look at the terms of the offer, but also who makes it to you. The scheme is simple:
- you start your smartphone
- You search for the words loan on Google Play
- with one click you install applications with loans,
- you start the application and submit an application,
- nothing happens.
You think: “and there, the next what they do not want to give”, you go back to Google play and repeat the whole operation again with another application. At this point, you have increased the number
All about the loan
40 thousand people, you’ve just cheated promising a loan. And we are talking here only about a fragment of the phenomenon. This number only applies to 9 applications (all from one supplier) that John Stefano, a security analyst at EZET (a well-known security and anti-virus program maker) has analyzed.
After installing such an application, the client is asked to register. Therefore, he gives his name, e-mail address and telephone number then select the amount of the top-up and the repayment period from the list. Nothing fancy for those for whom a loan application is not first. Then only information that the application is being considered.
This last information is supplemented with something that is particularly important for people craving for a quick top-up. This is the time, the long waiting time for the desired YES. It can be easily shortened – of course, according to the assurances of the loan company.
Then comes the disappointment, because that’s where the promises of the loan end. You don’t even know that you have fallen victim to cybercrime and state that
Nothing happened after all
And a lot has happened or can happen.
First of all, by sharing and highly rating the application, you have made it credible to the next people looking for a quick payday loan. You have become a tool in the hands of cybercriminals.
Secondly, more importantly, you just let a thief into the house and went out for a long walk. To this, I would compare the effects of sharing data and a smartphone unknown to people behind such applications. You gave them your data, access to logins and passwords and to applications (including banking).
They can also use your email program to send unwanted messages or malicious links.
I used a suspicious application, what should I do?
First, get rid of such an application. You should react especially when you notice the undesirable operation of the phone – pop-up without reason notification, the slowdown of the smartphone. Secondly, it’s a good idea to scan your phone with an anti-virus program. If it shows any threats consider restoring the phone’s factory settings.
The more internet users the worse
Unfortunately, you must expect that the scale of this phenomenon will increase over time. It does not only apply to loans. After all, people who were told that the downloaded application could increase the device’s RAM by an additional 128 GB (over 100,000 people) were cheated on a much larger scale. Not to mention the “cooling” sound application. In her case, the sound of the windmill tempted over a million users.
If you think it is worth spending 5 minutes. and be sure that you are submitting an application in a proven company, forget about applications. Two clicks are enough for you to get to know selected loans for those in debt, with services adapted to mobile devices.