These apps offer quick cash, but some users say they’re trapped in debt. This loophole is their escape hatch.
Because they aren’t technically lenders, these apps don’t charge traditional interest.
Russia Moves to Block WhatsApp, Pushes 100M Users to State-Controlled ‘Surveillance App’
In brief
WhatsApp said Russia attempted a full block of its service on Thursday, calling the move an effort to funnel over 100 million ...
Bithumb’s Bitcoin Blunder Puts Burden on Users as Legal Case Favors Civil Recovery
In brief
Lawyers say unjust-enrichment law favours Bithumb, but outcomes may hinge on whether users knew, or should have known, the pay...