Ring Credit Loan App Scam Alert: 7 Din Ke Loan Mein Bhayankar Overdue Charges Aur Harassment Ki Asliyat! 2025 Full Review

Aaj kal paise ki zarurat padne par log instant loan apps ki taraf rukhte hain, lekin sab apps trustworthy nahi hote. Ring Credit Loan App (by Kissht) ek aisa app hai jo claim karta hai ki wo instant loans deta hai zero documentation ke saath, lekin asliyat mein bohot saare users isse pareshan hain. Ye app basically short-term loans offer karta hai, jisme 7 din ke loans bhi shamil hain jahaan heavy charges aur overdue fees users ko barbaad kar dete hain. Play Store pe iska rating 4.1 stars hai 884K reviews ke saath, lekin critical reviews dekhne pe pata chalta hai ki ye app high interest rates, app crashes, poor customer service aur credit score ko nuksaan pahunchane ke liye infamous hai.

Is article mein hum Ring Loan App ki puri sachai bataayenge, official description pe bharosa karne ke bajaye real user reviews pe focus karenge. User images se mile reviews ko bhi add kiya hai Hinglish mein, taaki Indian audience easily samajh sake. Agar aap soch rahe ho loan lene ke baare mein, to ye padh kar soch samajh kar decide karna. Ye app RBI registered NBFCs ke saath kaam karta hai jaise Si-Creva Capital, Northern Arc aur MAS Financial, lekin fir bhi complaints ki bharmar hai. Chaliye shuru karte hain.

Ring Credit Loan App Kya Hai Aur Kaise Kaam Karta Hai?

Ring Credit Loan App, jo Kissht ke dwara banaya gaya hai, ek fintech app hai jo personal loans, business loans aur insurance offer karta hai. Official website paywithring.com pe ye claim karta hai ki loans up to ₹5 lakhs milte hain, wo bhi 5 minutes mein paperless KYC ke saath. Download count 10M+ hai, jo dikhaata hai ki bohot log isse use karte hain. App ka headquarter Mumbai mein hai, address: 10th Floor, Tower 4, Equinox Park, LBS Marg, Kurla (West).

Kaise kaam karta hai? Aap app download karte ho, mobile number se register karte ho, OTP verify karte ho, basic details jaise name, DOB, address, employment daalte ho. Fir digital KYC ke liye PAN aur Aadhaar upload karte ho. No guarantor, no collateral. Loans multi-purpose hote hain – travel, education, wedding, home renovation ke liye. UPI payments bhi support karta hai, jisse money transfer easy hota hai.

Lekin yahaan twist hai: User kehte hain ki ye ek 7 day loan app hai jahaan repayment short hoti hai, aur agar ek din bhi late hua to heavy penalties lagte hain. Official mein tenure 3 se 60 months bataya hai, lekin real mein short-term options mein charges bohot zyada hote hain. Example se samjho: ₹60,000 loan pe 18 months tenure, 33% interest, processing fee ₹4,248 (GST incl.), total interest ₹16,858, EMI ₹4,271, APR 44%. Ye dikhaata hai ki effective cost bohot high hai.

Kissht aur Ring ek hi company ke parts hain, OnEMI Technology Solutions Limited ke under. Ye RBI guidelines follow karte hain, lekin reviews mein log kehte hain ki collection agents harassment karte hain, family ko call karte hain. Agar aap student ho ya low income wale, to careful raho kyunki eligibility check mein credit score check hota hai, aur default karne pe score gir jaata hai.

Ring Loan App Ke Charges Aur Interest Rates: Kitne Heavy Hain?

Ring App ke charges bohot controversial hain. Official mein interest rate up to 33% per annum bataya hai, APR 32% se 57% tak (website pe 32-63%). Processing fees high hote hain, jaise example mein 7% se zyada. Lekin asli problem overdue charges mein hai. Users kehte hain ki agar EMI auto-debit fail hota hai to 80-90% EMI ke barabar overdue charge lagta hai, wo bhi technical reasons ke naam pe.

Jaise, ek user ne bataya ki unka loan ₹805 tha, 1 din delay hua to ₹776 late fee charge kar diya – ye almost 96% penalty hai ek din ke liye! Ye 7 day loan structure mein common hai, jahaan short repayment period ke wajah se risk high hota hai. Agar aap bounce karte ho, to SMS aata hai lekin call nahi karte help ke liye, balki recovery ke liye 10-20 calls per day karte hain.

Hidden charges? Official mein kehte hain no hidden costs, transparent terms. Lekin reviews mein log complain karte hain ki credit score update nahi hota timely payment ke baad bhi. Wait 15-20 days bolte hain, lekin 5 months baad bhi no update, jisse credit score down rehta hai. High APR ki wajah se small loan bhi costly padta hai. Misal ke taur pe, ₹10,000 loan 7 days ke liye lene pe effective interest bohot zyada ho sakta hai if penalties add ho.

Reddit pe ek user ne bataya: “They charge high processing fees and high interest, and they mostly make money when users default, they are known for predatory recovery.” Quora pe: “They will call you daily till you pay, and call family members if you ignore.” Ye dikhaata hai ki charges na sirf high hain, balki collection tactics bhi aggressive.

Agar aap calculate karo, to annualised rate 100% se zyada ho sakta hai short loans mein. RBI guidelines ke against ye nahi hai, lekin users ke liye trap hai. Better hai bank ya trusted NBFC se loan lo, jahaan rates low hote hain.

Real User Reviews Aur Complaints: Play Store Se Critical Stories

Ring App ki description pe bharosa mat karo – “zero doc, quick disbursal, lower rates” – ye marketing hai. Asli sachai critical reviews mein hai. Play Store pe bohot saare 1-star reviews hain jo app crashes, overcharges, poor support aur scam-like behavior ke baare mein batate hain. Yahan user-provided images se reviews Hinglish mein add kiye hain, taaki aap easily relate kar sako. Inke alawa web se mile complaints bhi shamil hain.

Review 1: Chuba Sangtam, 28/11/25, 1 Star (44 logon ne helpful kaha)
Mera phone Ring app nahi khol raha tha – har baar try karne pe sudden back chala jaata tha aur log in hi nahi ho paata. Maine pehle 3 EMIs bina kisi issue ke pay kar diye, lekin is 4th time app crash kar raha hai aur lagta hai ye log mujhe pareshan kar rahe hain. Main koi overdue charges nahi dunga, aur ye links se pay nahi karunga jo ye bhejte hain. Ye app ek star bhi deserve nahi karti!

Company Response (OneEMI Technology Solutions Limited, 29/11/25):
Dear User, hum is inconvenience ke liye regret karte hain. Please humse contact karen 080-44745950 pe ya socialcare@paywithring.com pe likhen with screenshot.

Review 2: Chandra Shekhar, 14/11/25, 1 Star (78 logon ne helpful kaha)
Bohot bura experience. Ye log EMI ke 80-90% overdue charge lagate hain. Technical reasons ke naam pe overcharging karte hain. Agar technical issue se auto debit fail hota hai, to ye call bhi nahi karte. SMS karte hain lekin jab bounce hota hai EMI, to din mein 10-20 baar call karte hain. Worst auto debit system Ring ka hai.

Review 3: Anonymous, 06/12/25, 1 Star (103 logon ne helpful kaha)
Please Ring app se loan mat lo. Agar lo bhi to credit score down ho jaayega. Even if EMI time pe pay karo, ye properly update nahi karte. Hamesha emails aur documents maangte rehte hain. Bolte hain “wait 15 days” ya “wait 20 days”, lekin 5 months baad bhi no update. Isse credit score definitely affect hota hai. Better hai mat use karo.

Company Response (OneEMI, 06/12/25):
Dear User, regret for inconvenience. Contact us at 080-44745950 or socialcare@paywithring.com with details.

Review 4: Amar Shrivastava, 10/12/25, 1 Star (29 logon ne helpful kaha)
Bohot bura experience. Mera loan amount sirf ₹805 tha, 1 din delay hua lekin Ring Pay ne ₹776 late fee charge kar diya. Ye completely unacceptable hai aur scam lagta hai. Maine support ko email kiya lekin no reply. App totally useless hai – high charges, poor customer service, no proper communication. Main kisi ko recommend nahi karta is app se loan lene ko.

In reviews ke alawa, web pe mile complaints: Ek Reddit user ne bataya ki Kissht (Ring ka parent) se accidentally loan credit ho gaya, aur ab repayment karna pad raha hai. Dusre ne kaha ki students ke liye safe nahi, kyunki high fees aur recovery agents family ko call karte hain. Quora pe log kehte hain daily calls aate hain repayment ke liye, even lockdown mein.

Play Store ke recent reviews mein bhi similar patterns: App unreliable, loan amount reduce kar dete hain bina reason, customer care unresponsive. Ek review (v g, 09/12/25): “Loan amount reduce kar diya bina logic ke, unreliable app.” Total mein, 884K reviews hain lekin low ratings wale bohot hain jo charges aur harassment highlight karte hain.

Ye sab dikhaata hai ki Ring App short-term loans mein trap set karta hai, jahaan 7 din ke andar pay na karo to life barbaad.

Kya Ring Credit Loan App Safe Hai? Scam Ya Legit?

Ring App legit hai kyunki RBI registered NBFCs ke saath tied hai, aur SSL certified hai. Data privacy kehte hain follow karte hain, contacts access nahi karte bina permission. Lekin safe? Bohot doubts hain. Complaints se pata chalta hai ki collection processes aggressive hain – abusive language nahi use karte officially, lekin calls bohot aate hain.

Fraud alerts: Company khud warn karti hai fake apps se, jaise phishing scams mein log Kissht/Ring ke naam pe paise maangte hain. Lekin users kehte hain app khud scam-like hai high penalties ke wajah se. Credit score impact bohot bada issue hai – timely pay karo tab bhi update nahi hota.

Agar aap use karna chahte ho, to small amount se start karo, terms padho, aur alternative dekho. Students ke liye not recommended, kyunki no stable income pe default risk high.

Ring Loan App Ke Better Alternatives

Agar instant loan chahiye, to trusted apps try karo jaise:

• Paytm Personal Loan: Low rates, easy process.
• MoneyTap: Credit line with low interest.
• Bajaj Finserv: RBI approved, better support.
• Bank loans: SBI YONO ya HDFC se, safe aur cheap.

Inme charges low hote hain, no heavy penalties.

Conclusion: Ring App Se Door Raho

Ring Credit Loan App dikhta to attractive hai, lekin heavy charges, overdue fees aur poor service ki wajah se bohot risks hain. 7 day loan structure mein ye users ko trap karta hai. Reviews se saaf hai ki ye scam-like feel deta hai. Better hai traditional banks ya trusted apps use karo. Agar victim ho, to RBI complaint karo.

FAQ: Ring Credit Loan App Ke Common Sawal

Q1: Ring Loan App safe hai kya?
A: Partially safe, RBI tied hai lekin reviews mein harassment aur high charges ki complaints hain. Careful raho.

Q2: Ring App mein interest rate kitna hai?
A: Up to 33% per annum, APR 32-57%, lekin effective higher overdue ke saath.

Q3: 7 day loan available hai?
A: Official mein nahi bataya, lekin short-term options mein heavy penalties hote hain jaise 1 din late pe 90% charge.

Q4: Credit score affect hota hai?
A: Haan, even timely pay pe update nahi hota, score down rehta hai months tak.

Q5: Customer support kaise hai?
A: Poor, emails ka no reply, calls sirf recovery ke liye aate hain.

Q6: Loan kaise repay karun?
A: App se auto-debit ya UPI, lekin fail hone pe penalties lagte hain.

Q7: Ring App se loan lene ke fayde?
A: Quick disbursal, zero doc, lekin cons zyada hain.

Q8: Scam hai kya?
A: Not fully scam, lekin predatory practices hain jaise high late fees.

Q9: Alternatives kya hain?
A: Paytm, MoneyTap, bank apps.

Q10: Complaint kaise karun?
A: Company ko email karo ya RBI Ombudsman se contact.