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Monday, October 28, 2024

FG delists 28 illegal digital money-lending apps

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In an effort to sanitize digital money lending sector, the Federal Government has delisted 28 illegal digital money-lending apps.

The Federal Competition and Consumer Protection Commission (FCCPC) disclosed this in its latest report on approved digital money lender apps.

The Commission said 54 DML apps are under its watchlist.

Daily Post says the development comes on the heels of efforts by the Commission to end the harassment of Nigerians by the lenders.

In July and August, the FCCPC also had illegal digital money-lending apps.

Full list of delisted Apps:

“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.”

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