Google is cracking down on predatory loan apps by cutting off their access to “sensitive” data including debtors’ contacts, photos and location, after growing criticism that unscrupulous lenders are tapping the contents of borrowers’ smartphones for harassment and blackmail.
The tech company said on Wednesday it would update policies for financial services apps listed on the Google Play store at the end of May, so that “apps aiming to provide or facilitate personal loans may not access user contacts or photos”.
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