EasyMoni finally yanked off Google Play Store after several policy violations

EasyMoni finally yanked off Google Play Store after several policy violations

QUICK LOAN ARENA can authoritatively reveal that after several policy violations by EasyMoni, following series of indicting stories we reported about them, Google has finally removed the rogue, fraudulent loan app from its Play Store.

The tech giant has been cracking down on unauthorised and rogue loan applications that were violating the data privacy right of borrowers in Nigeria in recent times following QUICK LOAN ARENA series of indicting and blackmailing reports about the offending apps. We reported last week that Google has removed at least 5 digital lending apps in Nigeria from Play Store including BorrowNow, LendCash, GotoCash, PalmCash and GotCash for the same reason. We understand other yet to be confirmed predatory loan apps have also  been removed.

EasyMoni which is owned by Chinese and managed from China and Honkong but deceptively hosted as a Nigerian loan company in Google Play Store. has been terrorising and blackmailing the country’s borrowers for a long time.

QUICK LOAN ARENA was the first to expose EasyMoni loan app as fraudulent and deceptive in our report of September 13, 2021: EasyMoni: Stop Sending Threats To Customers’ Contact List: Do Your Homework If You’re Real!  Read extract below:

“Little is known about the supposedly loan app online. Quick Loan Arena did an intense search on EasyMoni online but we couldn’t find any website or remarkable trace of the quick loan app in the digital space. This calls to question about their integrity and legitimacy…”

We advised the regulatory authoroties in that article: The regulatory authorities should get to work and check the influx and proliferation of these quick loan apps in the country as many of them are only perpetrating fraud and scam in the name of giving out quick loans without any legal framework or check on their processes. 

In November 12, we proceeded with an investigative story and exposed some rogue loan apps hosted on Google Play Store and asked the Nigerian government to crack down on them for infringing on their customers’ data privacy. Then the government promised to prosecute the offending lending platform. to EasyMoni was one of the loan apps we indicted.

In November 25, we investigated and found out EasyMoni was owned and managed not by Nigerians or Nigeria respectively but managed in faraway China by Chinese loan sharks..

In October 19, 2021, we did another indicting story on EasyMoni questioning their legitimacy and credibility to operate in our financial space: Is EasyMoni Loan App Legit?.

Few of the terrible reviews coming against EasyMoni by their customers before they were banned from Play Store.

I got debited twice for one repayment and there is no means of reaching you people. No phone number, no valid email address, nothing. I’ve tried using the live chat but, it’s not working. It is bad for a financial service company not to have a feedback mechanism, too bad. Please, let it be on record… Orok Etim

Do Not DOWNLOAD. Its a total failure and Time Waisting App. It will show you a promise of N2, 000,000:00 Loan and authorize N2000 for you as minimum. If you back out once and tap “Immediate Loan” again, it will show you maximum you can borrow to be N3,000:00 only. And at the end of the hectic registration, Loan Failure is the response you get. Useless!…Abel J. Olusegun

This is d worst app I Ave ever seen. I made payment a day before my due date d next day d agents started calling me that my money is due I showed them d evidence of payment through WhatsApp they still keep on telling me they Ave not received it that they will send messages to my contacts. If u don’t want thunder of God.to strike u ND ur generation don’t try anything stupid. Stupid people….David Bukola

This is the worst and useless app I’ve ever come across, after defaulting for four days they started publishing me on fbk sending text to my contacts that am a criminal, I run away with company’s money and police are looking for me. I now pay them the 5000.00 I collected from them and send the proof, still they find it difficult to clear it , is till there on d app. Easy Moni your services are bad. People run away from them o they don’t deserve 0 star at all. I respect branch….Lydia Dulla.

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Disclaimer: Quick Loan Arena is not a loan agency and we do not give out loan to anybody. We however profile and review legitimate and reputable loan agencies and seeks to educate individuals, household and small businesses about loan opportunities and fight for the cause of Nigerian consumers who are daily being oppressed by loan sharks. Our intervention is to help prospective and subsisting loan customers make informed lending decisions.

You can speak with any of our Loan Consultants for more information! Call or Whatsapp +234 (0) 915 382 1578.

Do remember to give us a feedback about your loan experience after the lending process is executed.

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About the Author: Femi Adeoya

Mr Femi Adeoya is a Chartered Forensic Accountant and a Certified Fraud Examiner. He has over 20 years professional work experience in accounting, finance and business management processes. As an Accounting Software Expert, he has implemented and supervised accounting solution set up of over 50 small and medium businesses in Nigeria. As a passionate blogger, Mr Adeoya is an ardent writer and communicationist. He is the CEO of QUICK LOAN ARENA (quickloanarena.com), the number 1 loan apps review website in Nigeria. He is very passionate about the quick and instant loan industry in Nigeria and has written over 200 reviews on different loan apps and digital banks in Nigeria, USA, Canada and UK.

14,863 Comments

  1. NAIRA PLUS are threatening my life and that of my family just for one day default. This is the message they sent to me just today with this number; 09127785086.
    The message: YOU have unfortunately implicated your family with embarrassment and like never before!
    Your family’s name will be dragged into public shame as fraudulent family and declared chronic debtors from NOW with detailed information from us. You will wish you never attempted to request for this loan.
    CASH LION.

  2. Go Cash, Nairaplus, Cashlion, NCASh ( I paid NCash twice they have refused to acknowledge my receipt) have been sending threatening messages to other contacts on my phone, those that I did not include as my Guarantors that they will be defamed.

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