The number of delisted loan apps rose from nine to 37, according to the Federal Competition and Consumer Protection Commission’s new report.
The number of fully authorised loan applications increased to 164 from 154 as of Monday’s website updates. The number of loan applications with conditional approval fell from 40 to 38, while the number of applications on the commission’s watchlist increased from 20 to 56.
The FCCPC has been shaking up the digital money lending market for some time now, after harassment of Nigerians by lenders.
According to the commission, delisted loan apps were permanently deleted by Google from 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.”