Skip to main content

Posts

Showing posts with the label CBN

CITIZENS GAVEL, 600 OTHERS, PETITION CBN OVER HARASSMENT, BREACH OF DATA PRIVACY BY UNLICENSED MONEY LENDERS

In a concerted effort to combat loan app defamation in Nigeria, Citizens' Gavel a civic tech NGO that aims to create a world where justice delivery is fast and efficient regardless of economic or political demographics has submitted a formal petition to the Central Bank of Nigeria (CBN), seeking the immediate sanction of thirty unlicensed digital money lenders operating in Nigeria. These entities, violating the consumer rights of Nigerians has raised concerns about their unlicensed operations and unethical practices. The organization, dedicated to justice delivery, transparency, and legal support, highlighted the alarming trend of unlicensed digital money lenders resorting to illegal means, such as harassment, character assassination and data privacy breaches, to coerce customers into settling outstanding debts. The petition, supported by over 600 complaints against these entities, pinpoints thirty companies engaged in unethical practices ranging from defamation, character assassin

ONLINE LOAN: SEE NAMES OF 38 DELISTED APPS

   ...MORE TO GO DOWN says FCCPC On August 1, 2023, FCCPC requested Google remove illegal apps operating without regulatory approval or in violation of the Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending, 2022 (Guidelines), from its play store. As at Monday, 11th September, 2023, 38 loan companies operating illegally in Nigeria are no longer available on the goggle play store app. Checkout the names of 38 delisted loan apps below: 1. Swiftkash App 2. Hen Credit Loan App 3. Cash Door App 4. Joy Cash-Loan Up To 1,000,000 App 5. Eaglecash App 6. Luckyloan Personal Loan App 7. Getloan App 8. Easeloan App 9. Naira Naija 10. Cash Lawn App 11. Easy Naira App 12. Crediting App 13. Yoyi App 14. Nut Loan App 15. Cashpal App 16. Nairaeasy Gist Loan App 17. Camelloan App 18. Nairaloan App 19. Money-tree Finance Made Easy App 20. Cashme App 21. Secucash App 22. Creditbox App 23. Cashmama App 24. Crimson Credit App 25. Galaxy Credit App 26. Ease Cash App 27. Xcre