List of fake loan apps in Nigeria 2022; Make sure you do not try to borrow money from these loan apps that we will be listing below it never ends well.
There has been people complaining of getting scammed online and also getting disturbing messages from loan apps and also their friends and family being sent messages about you when you fail to pay your loan in time and also you could get deducted from your bank the wrong way.
If you are looking to avoid all these, make sure that you do not engage yourself with these loan apps that we will list below;
List of fake loan apps in Nigeria 2022
- Cash Mall
- 9ja Cash
- Cash Wallet
- Ease Cash
We will explore a little detail about every of these loan Apps above and express what people have to say about them in the end.
They promise that borrowers’ private data are secure and safe, saying it never share customers’ information to anyone without consent. These claims are false. Cash Mall is one of the top fake loan apps in Nigeria and the very first on our list of 20.
If you ever default a day, their strict collection method will expose your data on social media and shame messages sent to all your contact list.
Giving loans amount that vary from NGN 2,000 to NGN 100,000 which has also proven not to be true, it only gives very little credit amount to customers which is less than 5,000.
Against Google Policy for loan apps hosted on its Play Store loan tenure to be 91 days ~ 365 days on their dashboard but customers say Cash Mall tenure is 7 days which is yet another lie by the platform.
Here are customers claims on Cash Mall
Enny Iverson on 15 October 2021
This is such a useless app and a am so disappointed. I applied for the loan, i got a message the loan has been sent to my bank account, up till now have not seen any credit alert, kept calling and messaging, but no response, to make matters worse its not even up to 24hours i applied and they already said I am 2 days out of the 7 days payment period.
As in I don’t understand.. Such a useless app ran by scams.
Omole Bidemi on 25 October 2021
I have made your repayment since yesterday the due date. Up till now it has not been cleared. I have sent mail to your email since yesterday. Then this morning I am seeing overdue. If you think i will pay this overdue you are mistaken o. All mobile numbers are switched off.
Faith Akande ON 19 September 2021
Please, the company contacts on this app needs to be changed to functional ones. Both for calls and WhatsApp. I have repaid my loan since on the 15th of September, I sent the proof of payment through email no response, try to connect through the numbers switched off. But instead i kept receiving messages and charges daily.. i have already paid pls.
A little detail about CashLion as yo might need to know about…
Download CashLion app from Google Play store using your Android phone, Create your Account, Fill out your information and access the app within a minute, Check Loan limit, Quickly upload your Bank account statement and get your loan limit, Apply & Receive Money on Your Bank account, All the CashLion loans are conveniently and directly sent to your registered bank account.