B-Tech Student Suicide: Loan App Harassment?
B-Tech Student Reportedly Takes Life After Loan App Harassment
Hyderabad: S. Manoj Kumar, a 20-year-old third-year B.Tech student at the Institute of Aeronautical Engineering in Dundigal, reportedly died by suicide on Tuesday. The cause of death is suspected to be harassment by loan app executives.
According to reports, Manoj had taken out a loan through a mobile application but was unable to keep up with the equated monthly installments (EMIs). This allegedly led loan app executives to pressure him by contacting his family, friends, and relatives from his phone’s contact list.
Unable to bear the harassment and humiliation, Manoj reportedly took his own life by hanging himself in his room. The police are currently investigating the incident, and the body has been sent to Osmania General Hospital for an autopsy.
This incident highlights the serious issue of predatory lending practices and the potential dangers individuals face when using unregulated loan apps. It underscores the need for increased awareness and stricter regulations to prevent such tragedies from happening again.
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