Loan apps with high amounts typically offer personal loans. These apps can be a good option if you need a larger sum of money for things like consolidating debt, home improvement, or major purchases. However, it’s important to be aware of the potential downsides of using loan apps, such as high interest rates and short […]
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Are Money Lenders Regulated In Uganda? (2024)
Yes, money lenders in Uganda are regulated. Here’s a breakdown of the regulatory framework: The Tier 4 Microfinance Institutions and Money Lenders Act (2016): This is the primary law governing money lenders in Uganda. It established the Uganda Microfinance Regulatory Authority (UMRA) as the body responsible for licensing, supervising, and regulating money lenders. Uganda Microfinance […]
20+ Loan Apps Without Face Verification and Selfie Recognition (2024)
In today’s digital age, access to quick cash solutions is more important than ever. However, some people are hesitant to use loan apps due to privacy concerns surrounding face verification and selfie recognition technologies. These technologies, while offering security benefits, might not be comfortable for everyone. This article explores some of loan Apps Without Face […]