To run the house, he had taken a loan from the instant loan app

To run the house, he had taken a loan from the instant loan app

first story: On December 16, 28-year-old V Sunil hanged his five-month-old son to death. He then committed suicide by going to another room. Sunil, who lives in Rangareddy district of Telangana, lost his job during the lockdown. But, he could not pay it.

His loan taken in thousands turned into a loan of 2 lakhs. The people of the loan giving app would call them and use lewd abuses. Used to threaten to block FIR and bank account. Troubled by this, Sunil chose death.

another story: On December 12, 24-year-old Kearney Monica consumed poison. He died two days later. Monica was the Agriculture Extension Officer. He had helped some farmers by taking a loan of 5 thousand from the Instant Loan App. 6 lakhs.

Due to non-payment, the loan app users sent his photo to all his contacts on WhatsApp. It is written in it that Monica has taken a loan from him, if she sees him anywhere, then ask him to return the loan amount. Monica could not bear the humiliation and consumed poison.

Third story: On December 14, 36-year-old Santosh, a resident of Telangana’s Nalgonda district, consumed poison. Santosh was the site in-charge of Ramagundam Fertilizers and Chemicals Ltd. He died on 23 December.

Santosh told in the video sent to his friend how he got trapped in these loan apps.

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I have to admit, I was a little concerned about the process

I have to admit, I was a little concerned about the process

If you do the math, that’s about $330 per car. Show More. When it comes to just how much a Car Dealer will markup a Used Car, the short answer is: Around 10 to 15 percent, or anywhere from $1,500 to $3,500 for your “Average” used car. However, car dealers might actually make more money on numbers #2 and #3.