How To Stop Loan Apps From Accessing Your Contacts

Loan apps have made it easy to borrow money using your phone. These apps promise quick loans, but some of them ask for access to your contacts, which might make you uncomfortable.

In this guide, we'll explain why loan apps want access to your contacts, why you should be careful, and how you can stop them from seeing your contact list.

It's all about keeping your personal information safe while still enjoying the convenience of loan apps.

Why Loan Apps Need Access To Your Contacts

Loan apps often request access to your contacts for several reasons:

  1. Referral programs: Some loan apps offer referral bonuses or rewards to users who refer their friends and family. By accessing your contacts, the app can identify potential new users and track successful referrals.

  1. Creditworthiness assessment: Loan apps may use your contacts to gather additional information about your financial stability. They can analyze the contacts' credit history, employment details, or relationship with you to assess your creditworthiness.

While these reasons may seem legitimate, it's essential to understand the risks associated with granting access to your contacts. In the next section, we will discuss the potential risks involved in allowing loan apps access to your contacts and how you can mitigate them.

Risks Of Allowing Loan Apps To Access Your Contacts

Granting loan apps access to your contacts can come with potential risks that you should be aware of. 

Here are some of the risks associated with allowing loan apps to access your contacts:

  1. Privacy breach: By giving loan apps access to your contacts, you are essentially giving them access to personal information about your friends, family, and colleagues. This can lead to a breach of their privacy if the loan app mishandles or sells their data.

  1. Data security: Loan apps may not have robust security measures in place to protect your contacts' information. If the app is hacked or their security is compromised, your contacts' data could be exposed to unauthorized individuals.

To protect yourself and your contacts from these risks, it is important to take proactive measures. In the next section, we will discuss how to stop loan apps from accessing your contacts and safeguard your personal information.

How To Stop Loan Apps From Accessing Your Contacts 

If you're worried about loan apps accessing your contacts without your consent, don't fret! There are steps you can take to protect your privacy and personal information. 

Here's how to stop loan apps from accessing your contacts:

  1. Review app permissions: Before installing a loan app, carefully read through the permissions it requests. If it asks for access to your contacts, consider whether it's necessary for the app's functionality. If not, think twice before granting permission.

  1. Manage app permissions: On your smartphone, go to the settings and review the app permissions. Disable contact access for loan apps that don't need it.

  1. Use alternative contact lists: Consider creating separate contact lists for loan apps and only provide access to those specific lists. This way, you can control which contacts are shared with these apps.

  1. Read user reviews and ratings: Before downloading a loan app, check the reviews and ratings from other users. If there are concerns about privacy or unauthorized access to contacts, it's best to avoid that particular app.

  1. Regularly review app settings: Keep an eye on the app settings of your loan apps. If any updates or changes occur that require contact access, make sure to review and update your preferences accordingly.

By following these simple steps, you can ensure that loan apps don't have unnecessary access to your contacts and protect your personal information. Stay in control of your privacy and security!

Read Also: Moz Pro Premium Account Free Cookies for July 2023


Do uninstalling a loan apps access your contacts?

Yes, uninstalling a loan app does not delete your data from the app's servers. The app may still have access to your contacts even after you have uninstalled it.

How do I protect my data from loan apps?

Here are some tips on how to protect your data from loan apps:

  1.  Do not give the app access to your contacts. When you install a loan app, you will be asked to give the app permission to access your contacts. Do not give the app this permission unless you are sure that you trust the app.

  2.  Read the app's privacy policy carefully. The privacy policy will tell you how the app collects and uses your data. Make sure that you are comfortable with the app's privacy practices before you install it.

  3.  Only install apps from trusted sources. Do not install apps from third-party app stores or from websites that you do not trust.

  4.  Keep your apps up to date. Apps are often updated with security patches that fix vulnerabilities that could be exploited by hackers. Make sure to keep your apps up to date to protect yourself from data breaches.

How does loan app access your contact?

Loan apps can access your contacts in a few ways. One way is by asking for your permission when you install the app. Another way is by collecting your contacts when you use the app to make a payment or to borrow money from a friend or family member. The app can then use your contacts to market its services to your friends and family.

Does Fairmoney call your contacts?

Fairmoney does not call your contacts without your permission. However, the app may use your contacts to market its services to your friends and family. If you do not want Fairmoney to contact your contacts, you can opt out of marketing communications in the app's settings.

How do I remove my information from FairMoney?

To remove your information from FairMoney, you can follow these steps:

  1. Open the FairMoney app.

  2. Tap on the "Profile" tab.

  3. Scroll down and tap on "Delete Account".

  4. Enter your password and tap on "Delete Account" again.

Once you have deleted your account, Fairmoney will no longer have access to your information.


It's essential to prioritize privacy and security. Loan apps accessing your contacts without permission can be a cause for concern. However, by following the steps outlined in this blog post, you can take control of your personal information and protect yourself from potential risks.

Remember, your privacy and security are important, and you have the power to safeguard your personal information. Take the necessary steps to ensure loan apps don't have unnecessary access to your contacts and keep control in your hands. 

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