AllCredit loan app is a Nigerian personal loan platform that offers safe and fast micro and medium loans. The smartphone app allows users to borrow up to ₦600,000 unsecured with no collateral and minimal documentation. An unsecured loan is a type of loan that does not require collateral or downpayment to obtain. It is usually short-term with very high interest rates. AllCredit is willing to support business owners as they expand their enterprises as well…
MTN Nigeria has turned on its 5G spectrum in select locations across the country. “2G brought us SMS and picture messaging,” MTN CFO Modupe Kadiri said in a post. “3G was about mobile internet access. 4G made streaming and sharing a part of everyday life. 5G delivers the future and it’s here – higher internet speeds, downloads without delay, near-instant connection when streaming, using apps, loading websites, playing games, or connecting to smart home devices.…
HiFund loan app is one of the plethora of loan apps that operate in Nigeria without licenses or any regulations from the authorities. These online loan apps simply purchase loan software, create an Android app and run advert on Google play store to get customers to download their app and take loans. To be sure, some of them do give loans but at extremely short repayment schedule, usually starting at just 7 days with high…
Online loan apps provide easy and convenient access to emergency funds to thousands of Nigerians daily. To be sure, most of these loan apps give collateral-free loans and the documentation required in most cases is just a BVN. But the extortionate interests these apps charge and the less than civil means some of them use to recover their loans has led many to wonder if there are any positives from patronizing them. The loan apps…
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…