Buddy Loans App Review Real or Fake [ Don't Use ]

Buddy Loans is a very popular app in India. It has the highest loan approval rate in the industry. Buddy Loans helps you with many kinds of financial needs right from your phone. Here are the loans they offer:

Personal Loan: Need money for personal use? Buddy Loans has you covered.
Business Loan: Starting or growing your business? Get a loan easily.
Travel Loan: Want to travel? Buddy Loans can help you with the costs.
Car Loan: Need a new car? Buddy Loans can finance it.
Medical Loan: Facing medical expenses? Buddy Loans can support you.
Education Loan: Need money for studies? Buddy Loans offers education loans.
Home Loan: Want to buy or renovate a home? Get a home loan from Buddy Loans.
Gold Loan: Need a loan against your gold? Buddy Loans provides gold loans.

Buddy Loans has an 80% approval rate. They offer flexible repayment terms from 12 months to 5 years. This means you can choose how long you need to pay back the loan, making it easier to manage your finances.

Buddy Loans are easy to use. You can apply for a loan anytime, anywhere. Their process is quick and simple, helping you get the money you need without any hassle. They also offer competitive interest rates and good customer service to assist you with any questions or issues.

With Buddy Loans, you can take care of your financial needs easily and quickly. It’s a trusted choice for many people in India.

Buddy Loans Store Profile

Website Name	www.buddyloan.com
Product Offered	Finance Services
Website Age	10 Years Old (as of July)
Contact Phone Number	No Number Provided
Contact Email	info@buddyloan.com
Social Media Presence	Play Store, App Store
Trust Score	100/100 (Very Good)

Is Buddy Loans Real or Is it a Scam?

Buddy Loans gets mostly positive reviews on the internet, with only a small number of negative ones. They have millions of reviews, and about 5 to 10% of them are negative. This means Buddy Loans is mostly trusted, but there are some problems. If you are thinking about getting a loan from Buddy Loans, here are some possible scams and issues you might face:

Hidden Fees: Some users report unexpected fees that were not clear when they took the loan.
High-Interest Rates: A few people said the interest rates were higher than what they expected or what was advertised.
Poor Customer Service: Some users had trouble getting help when they had questions or issues.
Approval Delays: A few people experienced delays in getting their loan approved or receiving the money.
Confusing Terms: Some users found the terms and conditions hard to understand, leading to confusion about repayment.

Buddy Loans Reviews and Complaints

Buddy Loans has millions of customers, so there are many reviews on the internet. However, if you take a loan from this website, you might face several issues.

Information Threat

Do not download this app. The interest rate is high, and it does not log out properly. It keeps all your data.

One User Complaint

One user said Buddy Loans is a fraud and a boring app that wastes time. They said not to trust this app because it is fake and asks for money upfront.

Another User Complaint

Another user said this app is very bad and just wastes time. They called it a broker app that only works on referrals and is useless. They suggested going directly to a lender instead of using this app.

Fake Promises

Another complaint is that the app asks for a good rating first and only then looks at the loan application. After giving a good rating, they do not process the application.

Final Wrapping : Conclusion

Buddy Loans has millions of users and many reviews online. While some users are happy, there are many complaints about high interest rates, hidden fees, poor customer service, delays, and confusing terms. These issues suggest that Buddy Loans might be a scam. Be careful and read all the details before deciding to use this app. It’s best to look for other, more reliable options for loans. If you have any questions contact us we will reply to you soon.

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