The most popular blog website, Fresh Gist Media, presents a comprehensive list of Fake loan apps in Nigeria for 2024. No need to look any further, since we have a well-researched list after months of in-depth research.
In Nigeria, bogus loan applications are also referred to as loan sharks. A loan shark is a lender who works illegally and who gives credit loans at exorbitant interest rates with harsh terms of collection upon default, including sending threatening, humiliating, and libelous messages to you and the people on your phone contact list. Therefore, loan sharks are essentially illicit loan platforms and apps that operate unlawfully.
ALSO READ: How to Identify Fake loan Apps in Nigeria
