Google will restrict these service from May 31!

Tech giant Google has officially stated that it will restrict Personal Loan policy for users in India, Indonesia, Pakistan, Philippines, Kenya and Nigeria. The change will come into effect from May 31.

Google said, “We’re updating our Personal Loans policy to state that apps aiming to provide or facilitate personal loans may not access user contacts or photos.” The tech giant implemented new restrictions in its Personal Loans policy for apps on Play Store to prevent access to external storage, contacts, photos, videos, precise location, and call logs.

In India, companies will now need to complete the Personal Loan App Declaration and provide the necessary documentation to support their declaration, for example, if they are licensed by the Reserve Bank of India (RBI) to provide personal loans, then they must submit a copy of their license for review.