Review Time
Fraud Alert – Zolve Loan Scam Experience
I had a very disturbing and unprofessional experience related to a loan application with Zolve.
A person named Shrikant Prasad, who introduced himself as a Zolve employee, approached me regarding loan approval. During the conversation, he demanded ₹20,000 as a “commission” and clearly said that this money was required to get my loan approved.
He also said:
This discussion should remain strictly confidential
If I do not pay ₹20,000, my loan application would be rejected
This raised serious red flags. I immediately checked with my friends and other reliable sources, and they confirmed that Zolve does NOT charge any commission for loan approval. This means the person was trying to commit fraud using Zolve’s name.
If I was not alert, I could have easily lost my money. This is a clear case of attempted fraud, blackmail, and misuse of a company’s brand name.
Zolve management must take strict action against such employees, otherwise more innocent customers may get cheated.
Customers should be extremely careful — no genuine loan company asks for commission or personal payments.
Because of this experience, my trust in Zolve has been badly affected.
mobile no 95384000096
I recently sought assistance from a service to explore education-loan options, and here is my honest experience: Their team guided me through the necessary documents, eligibility criteria, and various loan options. I found their explanations to be clear, and they made an effort to tailor the loan to my needs. For someone applying for an overseas education loan for the first time, this support was quite beneficial.
I recently utilized the service to explore education loan options, and here’s my honest feedback: Their team assisted me with documents, eligibility criteria, and various loan options. I found their explanations clear, and they made an effort to tailor the loan to my needs. For someone applying for an overseas education loan for the first time, this support was invaluable.
I had a hard inquiry placed on my credit, and my application has been pending for 6 months without any denial or approval. They keep saying I'm on a waitlist for approval, but it shouldn’t take this long. They have my personal information, which raises concerns about identity theft. I feel this service is a scam; they are dishonest and should be avoided.
My credit card account has been blocked for over two weeks without any explanation, despite a promised “24-hour update” that never materialized. There’s been no suspicious activity on my end—just a standard dispute I filed. Now my account is frozen, and the support team is unresponsive. After facing multiple issues with the card being blocked during regular use, this lack of communication is unacceptable. I've already filed complaints with various agencies, but the service still refuses to respond or resolve the issue. It feels like my account is locked indefinitely.
The representative I worked with was incredibly patient, supportive, and understanding. They provided me with numerous options based on my financial situation and assisted me in securing an education loan with favorable terms. They also helped me navigate some challenges with another institution, ensuring I wouldn’t face financial setbacks. The entire journey was made as seamless as possible.
I have been trying to close my account for an entire month, but they have yet to process my request. I am now on the verge of being charged their annual renewal fee. Initially, the service was helpful while I was abroad, but it has since become a hassle. They ask me to confirm my request through various channels, which feels like a deceptive practice.
I had a fantastic experience with the service while applying for my education loan. The process was smooth and transparent, and I felt supported at every stage. A special thanks to the representative who was always available to help me with any questions. Their guidance made the journey much easier and boosted my confidence throughout. I truly appreciate the dedication and support from the team—highly recommend this service for anyone seeking hassle-free education loan assistance!
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Zolve is a cross-border fintech that aims to create a financial world beyond borders that provide equitable access to global financial products on a single, new-age platform. Our cross-border capabilities enable individuals to save money and invest it further, helping them be financially free to pursue their ambition.
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