In a recent report, the Federal Competition and Consumer Protection Commission (FCCPC) announced that thirty-seven loan apps had been removed off the list.
The commission revealed that the number of loan apps that were delisted rose from nine to thirty-seven.
According to its website’s most recent updates, which were posted on Monday, the number of approved loan apps increased from 154 to 164.
From 40 to 38 loan apps received conditional approval, while the number of apps on the commission’s watchlist increased from 20 to 56.
The digital money lending space faced a shakeup by the FCCPC, after harassment of Nigerians by the lenders.
According to the commission, delisted loan apps were permanently deleted by Google from the Play Store.
It stated that the list of delisted apps included, “Swiftkash App, Hen Credit Loan App, Cash Door App, Joy Cash-Loan Up To 1,000,000 App, Eaglecash App, Luckyloan Personal Loan App, Getloan App, Easeloan Apps, Naira Naija, Cashlawn App, Easynaira App, Crediting App, Yoyi App, Nut Loan App, Cashpal App, Nairaeasy Gist Loan App, Camelloan App, Nairaloan App, Moneytreefinance Made Easy App
“Cashme App, Secucash App, Creditbox App, Cashmama App, Crimson Credit App, Galaxy Credit App, Ease Cash App, Xcredit, Imoney, Naira Naija, Imoneyplus-Instant, Nairanaija-Instant, Nownowmoney, Naija Cash, Eagle Cash, Firstnell App, Flypay, and Spark Credit.”
Ada Peter
