FG asks Google to remove Maxi Credit, Here4U, ChaCha, SoftPay loan apps from Play Store – Nairametrics

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The Federal Government of Nigeria through the Federal Competition and Consumer Protection Commission (FCCPC) said it has made a request to Google to remove 4 loan apps being used for unethical practices from the Play Store. The apps to be removed are Maxi Credit, Here4U, ChaCha, and SoftPay.
The Commission says its investigations revealed that the listed apps are owned by other popular apps that are under investigation for unethical practices and breach of consumer privacy. Specifically, it mentioned Soko Loan as the company behind several other apps being used to circumvent the efforts of the Commission.
Last year August, the National Information Technology Development Agency (NITDA) fined Soko Lending Company Limited (Soko Loans) the sum of N10 million for privacy invasion. Soko loan app was subsequently removed from the app store following the request of the FCCPC.
Irukera added that for apps not on the Play Store, the Commission would continue to trace what platforms they are hosted on in order to disable them. He also urged members of the public to provide it with any information they have in that regard.
UNETHICAL OPERATIONS YES.
But how do you have enough or more than the required share and what is the level with state of fair share of a capitalist market economy?
Your question is not clear.
They should as well Ban ZUMA CASH, because this people are criminals, imagine this loan app loaning money to someone and at the same time,reverse the transaction and be expecting you to repay the money you did not use in 7days with an interest of about 2x the amount you borrowed.
EasiMoni too, interest rate too high. They are not on Google store again but still operating
Maxcredit is very bad online loan app they are defames me calling my contact they are really criminal









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© 2023 Nairametrics
© 2023 Nairametrics

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