News for hackers. Stuff that matters.
Re:Companies flooding Kenya with apps offering high-interest... by will_wheat_on on Wednesday February 12, 2020 @10:30AM (#22309558)
It's actually a lot worse than it sounds. There are no loan apps for iOS simply because iOS won't give you access to messages. These companies read your messages and at times call people you know to collect. https://nairobinews.nation.co.ke/news/loans-app-finds-a-chee... The interest rates are so high that I don't think they bother with credit scoring.
Re:Companies flooding Kenya with apps offering high-interest... by gruez on Wednesday February 12, 2020 @01:49PM (#22311524)
The article says that the lender is calling the debtor's contacts. Doesn't iOS allow apps to access the user's contact list? I definitely remember seeing "App xyz would like to access your contacts" prompts before.