By Nifemi Adefemi
(With Agency Reports)
The Federal Competition and Consumer Protection Commission has delisted 37 loan apps, according to its latest report.
This followed a sustained shakeup of the digital money lending space by the FCCPC, after harassment of Nigerians by the lenders.
According to the commission, the delisted loan apps were permanently deleted by Google from Play Store.The report stated that the number of delisted loan apps rose to 37 from the initial nine.
The delisted loan apps include: “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, NutLoan App, Cashpal App, Nairaeasy Gist Loan App, Camelloan App and Nairaloan App.
Others include: Moneytree, finance 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.”
THE PUNCH, from its website last Monday, added that the number of fully approved loan apps also grew to 164 from 154 within the same period.
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.
** Additional materials from Punch