As people struggled to make ends meet during the COVID pandemic, an army of loan wolves emerged under the garb of mobile apps. Their USP: instant loan. But it’s the beginning of hell for their borrowers, who are subjected to harassment in countless ways by recovery agents, even after the loan is repaid. In the first of its five-part series, mid-day brings to fore the arm-twisting tactics employed by these apps in brazen defiance of the law. 

This newspaper has consistently highlighted the dangers of the game of loans that has pushed many to even take their lives, while several have slipped into depression just for borrowing a few thousand rupees.