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Copycats, not competitors: How fraudulent apps are quietly damaging the online lending industry

It's tempting to see this as a problem that only affects whichever brand happens to be impersonated at a given moment. In reality, the damage spreads much further — and one of its most corrosive effects is something the industry rarely talks about directly: it's warping how the public understands loan pricing.

We haven't written up this one. Philippine Star Business has the full story — the link below goes straight to it.

Read the original at philstar.com →

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