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37 Loan Apps Declared Illegal by FCCPC (FULL LIST)

Techeconomy by Techeconomy
September 12, 2023
in Fintech
1
loan apps in Nigeria by FCCPC
loan apps in Nigeria

loan apps in Nigeria

… Delisted from Play Store

Nigerian Government on Monday, September 11, 2023, delisted thirty-seven (37) more illegal loan apps.

This was disclosed by the Federal Competition and Consumer Protection Commission (FCPC).

With the development, the number of fully approved loan apps also grew to 164 from 154 as of its last updates, according to Punch newspaper report.

The number of loan apps with conditional approval declined to 38 from 40, and the number of apps on the commission’s watchlist grew to 56 from 20.

Last month FCCPC had permanently delisted and begun the process of deleting at least two loan apps from the Google Play Store for harassing Nigerians.

On August 1, 2023, FCCPC requested Google remove illegal apps operating without regulatory approval or in violation of the Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending, 2022 (Guidelines), from its play store.

See the list of 37 newly delisted loan apps below, as reported by The PUNCH:

1. Swiftkash App

2. Hen Credit Loan App

3. Cash Door App

4. Joy Cash-Loan Up To 1,000,000 App

5. Eaglecash App

6. Luckyloan Personal Loan App

7. Getloan App

8. Easeloan Apps

9. Naira Naija

10. Cashlawn App

11. Easynaira App

12. Crediting App

13. Yoyi App

14. Nut Loan App

14. Cashpal App

15. Nairaeasy Gist Loan App

16. Camelloan App

17. Nairaloan App

18. Moneytreefinance Made Easy App

19. Cashme App

20. Secucash App

21. Creditbox App

22. Cashmama App

23. Crimson Credit App

24. Galaxy Credit App

25. Ease Cash App

26. Xcredit

27. Imoney

28. Naira Naija

29. Imoneyplus-Instant

30. Nairanaija-Instant

31. Nownowmoney

32. Naija Cash

33. Eagle Cash

34. Firstnell App

35. Flypay

36. Spark Credit

37. Luckyloan Personal Loan App

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