What Happened To 9Credit Loan App: Why Was It Removed from Play Store?

Once upon a time, 9Credit loan app used to be one of the notable instant lending platforms that allows customers access to superfast cash loans of up to N3,000 to N100,000 without collateral, documentation or paperwork within few minutes of application once the required profile information is provided.

Unfortunately the once popular and trusted online platform has decided to shun good customer service and turned itself to one of the many fake loan apps in Nigeria sending shame and defamatory messages to their customers and their contact lists. This unethical lending practice is becoming rampant, worrisome and calls for urgent attention from government financial institutions and regulatory authorities. We also take note that the Federal Competition and Consumer Protection Commission (FCCPC) have lately been stepping up effort to stem the tides of these illegal loan platforms in Nigeria.

For many consumers who have been into the instant loan business for quite some time now, it is not difficult to observe that there use to be a scam and illegal loan app called 9Credit on the Google Play Store known for its notorious activities in sending shame and defamatory messages to customers’ contacts few days after taking a loan.

Whereas, the new set of customers who just started using online lending platforms might not know about this app but might have seen it listed on blogs and asked: What happened to 9Credit loan app? Why was it banned and removed from Google Play Store? Why was it operations shut down?

9Credit loan app was removed from Google Play Store by Play Protect, an Android security system that scans apps hosted on Play Store for malware and other malicious virus and fraudulent apps and protects users from data privacy invasion. 9Credit is a dangerous lending platform that is in the habit of violating the policy rules of Google for loan apps and breaching customers’ data privacy by exposing their contacts to the public and sending threatening to them.

9Credit Loan App Download

9Credit has been removed from Google App Platform and as a result, you will not be able to download the app on Play Store anymore because it was found to be contravening and violating Play Store policies including granting loans for 7 days tenure, giving loans at very high interest and sending threatening and shame messages to users and their contact list.

How do I take a loan from 9Credit?

Unfortunately you will not be able to access 9Credit loan anymore on Google Play Store or Apps Store and thereby no other way to borrow quick loans from the platform having been blacklisted in Nigeria.

Is 9Credit Loan App Genuine? Or is it fake?

9Credit is not a genuine loan app. The app is a fake and fraudulent platform and Nigerians should avoid it by all means. The app has been accused of sending defamatory messages to contacts once you take a loan with them.

Can 9Credit loan app be trusted?

The straight answer to this question is No. 9Credit app cannot be trusted because the founders and management and office address are not revealed or available and their website do not carry any authentic or legit information. Anyone who goes to use this platform would be doing so at his or her own peril. There is so much shady business going on which is unknown to the public and people should beware not to fall prey to dubious loan platforms like 9Credit.

Is 9Credit registered?

9Credit is a fake loan app and it is not registered with any financial regulatory authority in Nigeria and thus borrowers are warned to desist from patrionizing them.

Who are the founders of 9Credit loan app?

The official website of 9Credit did not reveal the founders of the now banned lending platform. This can be considered a red flag as a financial services company should always be transparent with their identities because this helps to develop and facilitate relationship with their existing and prospective customers. Any company with Anonymous founders/owners will always raise criticism from the public about the genuity of the business which calls to question about the platform’s legitimacy and genuineness

How can I contact 9Credit loan?

Here’s how you can contact the platform:

Office address: Lawal street, oregun, ikeja, Nigeria

Website: https://www.9moni.com

FaceBook: https://www.facebook.com/Nine-credit-110139311612277/

Hotline: +234 09019310402

Online service: https://im.9moni.com/

E-mail: customer@9credit.co

An inflammatory and defamatory text message sent to a renowned Lagos journalist,.Mr. Muyiwa Lucas who works with a leading mainstream newspaper, may snowball into a litigation if the lending platform involved fails to apologise in three major Nigerian newspapers in the next one week.

What Happened to 9Credit Loan App? Why was it Banned?

9Credit loan app was removed from Google Play Store by Play Protect, an Android security system that scans apps hosted on Play Store for malware and other malicious virus and fraudulent apps and protects users from data privacy invasion. 9Credit is a dangerous lending platform that is in the habit of violating the policy rules of Google for loan apps and breaching customers’ data privacy by exposing their contacts to the public and sending threatening to them.

Loan Reviews from Customers and Users of 9Credit

9Credit Sends Spam Notifications –  Deborah 

A few seconds after I launched the 9Credit app, my phone was attacked with multiple notifications repeating the same messages and calling on me to take a loan. I felt specifically targetted and it was a disturbing experience.

I lost my Job because of 9Credit Loan App – Anonymous

9Credit app made me lose my job because they sent a defamatory message to my boss that I chose him as my emergency contact and guarantor. My boss in turn stated accusing me of using his name to collect loans without his knowledge and I got fired.

9Credit Is Useless Platform That Sends Shame Messages To Your Contacts – Ayofemi 

9Credit is a very useless and senseless platform. Once you default on a loan due to one circumstance or another, instead of them to trying to reach you to find out why you defaulted, they will start sending shame and threatening messages to your contacts.

9Credit Is A Bad loan company – Victoria 

I will advise the general public never to loan money from 9Credit so as to avoid embarrassment and name calling. I missed my repayment date and message were sent to my contact that I am a thief, dubious, a liar and what pains me most is that, they advised my contacts not to do business with me.

Fraudulent activities – Anonymous

Some of us felt we had built a reputation with 9Credit because we had always paid on time BUT NO! The only time I couldn’t meet up within their time limit which is 7 days, though I had asked them for a few days’ grace, they sent messages to my contacts calling me a fraudster and lying to them all that they’re my emergency contact numbers. Nigerians should avoid the app totally, they are very fradulent.

Lagos Journalist threatens to sue 9Credit Over defamation

A renowned journalist who works with The Nation Newspaper in Lagos, Mr Muyiwa Lucas has threatened to sue 9Credit, a lending platform hosted on Google Play Store and it’s parent company, OTP Internet Technology based in Lagos, for sending defamatory and blackmailing messages to him on his telephone number this morning.

The lending company, 9credit, on Wednesday morning (today) had sent a blackmailing text message to Lucas’ mobile number intimating him of a loan gone awry given to a certain to one Mr Shola Akinyele.

However, the content of the text does not sit well with the ace journalist, who is now demanding an official apology from 9Credit within 7 working days, failing which he has threatened to drag the loan app and its parent company, OTP Internet Technology to court of law to seek redress.

READ HIS STATEMENT BELOW:

“I woke up this morning to read the text message from 9Credit loan platform claiming my name and number was used as collateral at the time of granting a said loan to one Mr. Sola Akinyele. Did 9Creditt contact me before granting the loan? No! So why sending me this very annoying, disrespectful, embarrassing and blackmailing message over a transaction I’m not privy to?”, a visibly angry Lucas asked rhetorically.

He said it was hightime firms like 9Credit are made to face the consequences of their actions or inactions as a deterrent to others.

Consequently, the journalist has given a 7-day ultimatum to 9Credit to publish an official apology in three Nigerian national Newspapers or face litigation.

See below the infuriating message :

Phone 08024563894 Name Shola Akinyele Good day, the above named person took a fund from NC and has defaulted for several days, broken all contractual agreements that were in place when this fund was taken and has refused to repay the fund and has proven to be a person of questionable character. DISGRACE IS INEVITABLE AT THIS POINT, AND YOU BEING A FRIEND / FAMILY SHOWS THE KIND OF PERSON YOU ARE AS BIRDS OF A FEATHER FLOCK TOGETHER. YOU WERE USED AS AN EMERGENCY CONTACT. SO, CALL AND TELL THIS INDIVIDUAL to make payment now.IF YOU WERENT INFORMED WHILE THIS fund WAS TAKEN, ASK FOR YOUR DETAILS TO BE REMOVED FROM OUR WEBSITE AS YOU WERE USED AS THE EMERGENCY CONTACT.