These are on-line loan Apps, that have not been authorized to lend money and they are lending small amounts of funds. They charge exorbitant interests for processing instant loans and use confidential and personal data, that has been accessed through methods of hacking phone contacts and photos. These illegal loan companies are using such data to blackmail people in order to extort money from them by photoshopping the victims face onto obscene images and sending them to their contacts.

Once an illegal phone app has been downloaded, they have access to everything on your phone, your entire contacts list, photos and videos, which is used by the company to extort money from you by extreme harassment and blackmail. Their stance is that if money is not paid to them, they will send very indecent material with your face photoshopped on the image to your entire contacts list, and this will continue until they are satisfied you have paid them enough money.