Candy Cash Loan App Review – Real or Fake?

Q: Q. Where can I report Candy Cash Loan App for its fraud?

A: Cyber Crime Portal : https://cybercrime.gov.in RBI Complaint Portal : https://cms.rbi.org.in

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Candy Cash Loan App: Is the Candy Cash Loan App real or fake? Candy Cash Loan App scam, Candy Cash Loan App genuine or fake?, Candy Cash Loan App uses, Candy Cash Loan App founder. Full review of Candy Cash Loan App including features, availability, customer reviews, loan process, and RBI warnings. Know why it’s unsafe and potentially a scam before using.

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Table of Contents

Candy Cash Loan Details

Category: Instant Loan App
Platform: Android (Unofficial sources)
Developer: Unknown (No verified details)
Website: Not available or inaccessible
App Status: Not available on Google Play Store
Permissions: Contacts, Messages, Storage, Camera – high-risk access

Features Claimed by Candy Cash Loan App

Instant personal loans within 10 minutes
Loan amounts from ₹2,000 to ₹50,000
Flexible repayment from 91 to 180 days
Low interest rates (claimed 0.1% per day)
Paperless online process
24×7 customer support (often inactive)

Availability of the App

Not available on Google Play Store, often distributed via third-party APK websites or WhatsApp/Telegram links.
Not available on Google Play Store, often distributed via third-party APK websites or WhatsApp/Telegram links.
Not listed on the RBI-approved NBFC or Bank list.
No official website or contact information provided.

Loan Details Offered

Loan Amount: ₹2,000 – ₹50,000
Interest Rate: Claimed as low, but users report hidden charges up to 50%
Tenure: 7 to 180 days (reality is often just 7 days)
Processing Fees: ₹500 to ₹2,000 (deducted upfront)
Repayment Method: UPI or bank transfer, no auto-debit
Default Threats: Illegal harassment, blackmail, and data misuse reported

User Reviews on Candy Cash App

Positive Reviews (Possibly Fake):

“Got loan in 10 minutes, helped in emergency.”
“Easy to use and fast processing app.”

Negative Reviews (Real Users):

“They deducted processing fee but gave only 50% of the loan amount.”
“They called my relatives and shared my private photos.”
“No proper customer support. They threatened legal action.”
“App not found after few days. Money debited and vanished.”

10 Points to Identify Candy Cash App as Fake or Scam:

Not available on Play Store – distributed via unsafe sources.
No RBI registration – illegal NBFC activity.
Demands full access to contacts and gallery – a major privacy threat.
Deducts heavy processing fees upfront.
Repayment period is misleading – 7 days instead of 90+ days.
Threatens users upon default – abuses, blackmail, and harassment.
Uses private photos from phones – unethical & illegal.
No valid customer support or address.
Fake 5-star reviews on third-party sites.
Reported by multiple users as a scam on forums and YouTube.

RBI Warning on Illegal Loan Apps

The Reserve Bank of India (RBI) has clearly warned users against using unregulated digital lending platforms. RBI’s alert includes:

Do not use apps not listed on RBI or SEBI official sites.
Many Chinese or anonymous loan apps are involved in cyber frauds, data theft, and illegal recovery practices.
Only borrow from RBI-approved NBFCs or banks.

RBI’s Official Notification on Digital Lending

Why is the Candy Cash App Unsafe?

Violates user privacy by accessing personal contacts and gallery
Provides unauthorized loans without legal contracts
Harasses users and their families for repayment
Charges exorbitant fees and penalties
Not backed by any registered financial authority
Could lead to mental harassment and financial loss

Conclusion:

Candy Cash Loan App is NOT SAFE to use. It is neither approved by RBI nor available on trusted platforms like Play Store. The app uses deceptive marketing to trap financially weak individuals and exploits them through hidden charges and abusive recovery tactics.

Do not download or share your personal data with such applications. Instead, opt for trusted loan providers like Bajaj Finserv, Paytm, Navi, MoneyTap, or any RBI-licensed NBFC.

FAQs

Q. Is Candy Cash Loan App RBI approved?

A: No, it is not listed under any RBI-licensed NBFC or bank.

Q. Can I get a real loan from Candy Cash App?

A: Maybe, but it comes with high risks, hidden charges, and illegal practices.

Q. Where can I report Candy Cash Loan App for its fraud?

A: Cyber Crime Portal: https://cybercrime.gov.in
RBI Complaint Portal: https://cms.rbi.org.in

Q. What happens if I don’t repay the loan amount in Candy Cash App?

A: Many users report blackmail using personal data and abusive threats – which is illegal, but still widespread.

Q: Is Candy Cash Loan App available in India?

A: No. As of now it is not available in India.