The Federal Competition and Consumer Protection Commission (FCCPC) has unveiled an updated list of approved loan apps in Nigeria.
The list contains names of 154 companies operating loan companies in Nigeria after deleting the initial list for a ‘clean up.’
The commission also gave provisional approval to about 40 loan app firms and placed 20 under a watchlist
DAILY GIST earlier reported that the FCCPC delisted some approved companies for ‘clean up.’ After adding apps each firm owns under its approval list, the newly released list is more detailed.
The list of the apps associated with the firms will let the customer identify the companies behind the app they use and also reduce incidents of app duplicity by the companies.
The FCCPC also said other companies were given conditional approval, bringing the total loan companies approved by FCCPC to 194.
The complete list contains names of 154 fully approved firms and 40 with conditional approval. The commission revealed that it had put 20 loan apps suspected of engaging in unethical practices under its watchlist.
LOAN APPS ON FCCPC WATCH LIST
Getloan
Joy Cash-Loan
Camelloan
Cashlawn
Nairaloan
Eaglecash
Moneytreefinance Made Easy
Luckyloan and Cashme.
Swiftkash
Hen Credit loan
Nut loan
Cash door
Cashpal
Nairaeasy gist loan
Swiftcash
Easynaira
Secucash
Creditbox-Africa.
APPROVED LOAN APPS IN NIGERIA
GETLOAN
CAMELLOAN
JOY CASH-LOAN UP TO 1,000,000
NAIRALOAN
MONEYTREE FINANCE
MADE EASY LUCKYLOAN
PERSONAL LOAN (NIZ SERVICES LIMITED)
CASHME
EASYNAIRA CREDITING
1HEN CREDIT LOAN (ORANGE LOAN AND PURPLE CREDIT LTD)
1NUT LOAN CASH DOOR
CASHPAL
NAIRAEASY
GIST LOAN
SECUCASH
CREDITBOX-AFRICA
SWITFCASH
SWIFTKASH APP
EAGLECASH APP
MONEYTREEFINANCE MADE EASY APP
WIFTKASH 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
XGO FINANCE LIMITED
XCREDIT
NAIRA NAIJA
IMONEYPLUS-INSTANT
NAIRANAIJA-INSTANT
NOWNOWMONEY
NAIJA CASH