👉I would like to file a formal complaint against an unregistered loan application operating illegally.
An unknown individual created an account using my father’s name and CNIC details without our knowledge or consent and obtained a loan of PKR 35,000. We were completely unaware of this transaction at the time it occurred.
👉Since then, the company has been increasing the interest daily. They are charging approximately 2.7% per day as overdue charges, which amounts to an annual rate of approximately 900% or more. This excessive and exploitative interest rate is illegal and against the financial regulations of Pakistan.
👉Furthermore, the application is not registered with SECP or SBP. Despite this, they are continuously calling my father and threatening him with legal action and harassment.
✅ Formal complaint for FIA Cyber Crime portal
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