Google continues crackdown on loan apps, yanks off PalmCash, GotoCash from Play Store

Google continues crackdown on loan apps, yanks off PalmCash, GotoCash from Play Store

News reaching QUICK LOAN ARENA indicates that Google has just yanked off another two rogue loan apps in Nigeria from its Play Store, PalmCash and GotoCash over serial violation of its policy on customers’ data privacy.

Just over 24 hours ago, the internet giant removed BorrowNow and LendCash loan apps over the same reason: violating customers’ data privacy and sending defamatory and threatening messages to its customers, their families and contact list.

Google started the crackdown on violating loan apps few weeks back following  series of investigative reports by QUICK LOAN ARENA blacklisting several digital lending apps in Nigeria for breaching the data privacy of their customers and sending shame and defamatory messages to their families and contact list.

We had published an article early in November, 2021 where we revealed how PalmCash and Gotocash and other rogue loan apps are defaming Nigerian consumers and why Google should blacklist them and take them down from its Play Store.

This ongoing crackdown on these rogue loan apps in Nigeria by Google is a welcome development and we believe it’s  the only way to enforcing the rules on the remaining ones and by implication sanitizing the quick loan industry and digital lending platforms in the country.

QUICK LOAN ARENA has been at the forefront of a campaign to get rid of rogue and fradulent loan apps that have been defaming and maligning Nigerian consumers. Many of these apps are woned and managed from China or Hong Kong. Some managed in Nigeria are faceless, without any office or customer service telephone number. Those we have gotten evidence of their infringement and violating the data right of Nigerians we have blacklisted them and advised customers across the nation to boycott their service. A few of them are listed below.

DATA PRIVACY BREACH: LIST OF SOME BLACKLISTED LOAN APPS IN NIGERIA

1. NairaPlus

2. BorrowNow

3. LCredit

4. 9ja Cash (Owned by Soko Lending Company Ltd)

5. Cash Wallet

6. GGMoney

7. 9Credit

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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.

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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. These people still send me messages about people in my contacts who owe them. Last week one sent me a message that they will post my face on social media together with a contact of mine who’s a debtor and to avoid that I should demand that he pay up. What’s my business with that? Was I a party to the agreement?

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