Full List Of Fake Loan Apps Blacklisted By CBN
The Central Bank of Nigeria (CBN) has blacklisted several fake loan applications that have been exploiting unsuspecting Nigerians.The Federal Government endorsed this move, declaring these apps illegal and a menace to society due to their deceptive operations.These illegitimate loan apps have been causing significant distress through their harassment of users and victims.Notably, these apps operate outside the legal framework, as they are unregistered with the federal government and have now faced an official ban.The rise of fake loan apps is a pressing issue in the digital age, where the ease and appeal of online lending platforms have unfortunately also paved the way for fraudulent activities.Scammers behind these apps lure individuals with the promise of straightforward loan approvals and quick money transfers, targeting those with poor credit scores or limited access to traditional financial services.Victims, often in dire financial straits, are duped into submitting personal and financial information under the guise of securing a loan.This sensitive data is then misused for identity theft, financial fraud, or other illegal activities, leaving individuals vulnerable and financially strained.The CBN’s crackdown on these deceptive apps signals a commitment to safeguarding citizens from digital financial crimes and ensuring a secure environment for legitimate online financial transactionsHere are the list of fake loan apps that have been blacklisted by the CBN:EasyCreditEasiMoniKashKashSpeedy ChoiceGoCashSoko Loan AppFast MoneyGetCashIcoin LoanNaira Plus9jaCashLionCashGMoneyFast Money9creditSwiftkash AppHen Credit Loan AppCash Door AppJoy Cash-Loan AppEaglecash AppLuckyloan Personal Loan AppGetloan AppEaseloan AppsNaira NaijaCashlawn AppEasynaira AppCrediting AppYoyi AppNut Loan AppCashpal AppNairaeasy Gist Loan AppCamelloan AppNairaloan AppMoneytreefinance Made Easy AppCashme AppSecucash AppCreditbox AppCashmama AppCrimson Credit AppGalaxy Credit AppEase Cash AppXcreditImoneyNaira NaijaImoneyplus-InstantNairanaija-InstantNownowmoneyNaija CashEagle CashFirstnell AppFlypaySpark CreditLuckyloan Personal Loan AppCulled fromhttps://www.reubenabati.com.ng/feature/full-list-of-fake-loan-apps-blacklisted-by-cbn