The Silent Mental Health Toll of Predatory Loan Apps

2 RianAtheer 1 9/11/2025, 3:03:15 PM financegossips.com ↗

Comments (1)

RianAtheer · 20m ago
Predatory loan apps might seem like a quick fix for cash, but the mental toll is real. With sky high interest rates, hidden fees, and harassment tactics, borrowers often face anxiety, depression, and social isolation that is sometimes worse than the debt itself. The key is prevention: use regulated lenders, read the fine print, refuse unnecessary permissions, and seek financial counseling. Awareness is the first step to protecting both your finances and your mental health.