There was recently an Ask HN about an app doing similar thing and was banned on the play store: [1] > We are a FinTech startup in India. We give unserved peopl

There was recently an Ask HN about an app doing similar thing and was banned on the play store: [1] > We are a FinTech startup in India. We give unserved people a credit card. To ensure recovery we collect user's contacts and use them to remind people of their bill if they don't pay. All of this is covered in our TnC, and we warn users of the actions we will take before we do so. [1]:https://news.ycombinator.com/item?id=22840524 https://news.ycombinator.com/item?id=22840524