FCCPC delists 37 more illegal loan apps

The Federal Competition and Consumer Protection Commission (FCCPC)  has delisted 37 additional illegal digital money lending  (DML) apps as government continues its clean up of a sub-sector widely regarded as invested with unlawful operators.

RELATED: Consumer protection agency begins legal actions against app-based money lenders

The number of fully approved loan apps has also increased to 164 from 154.

According to the FCCPC, the number of loan apps with conditional approval declined to 38 from 40. There are now 56 apps on its watch list indicating a significant jump from the initial 20.

List of 37 newly delisted loan apps

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 Apps
9. Naira Naija
10. Cashlawn App
11. Easynaira 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. Moneytreefinance 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. Xcredit
28. Imoney
29. Naira Naija
30. Imoneyplus-Instant
31. Nairanaija-Instant
32. Nownowmoney
33. Naija Cash
34. Eagle Cash
35. Firstnell App
36. Flypay
37. Spark Credit
38. Luckyloan Personal Loan App

The Nigerian government announced plans for aggressive nationwide clampdown on unapproved or unregistered loan apps in July and has since them delisted a number of illegal loan apps.