The Cyber Security Authority (CSA) has reported a surge in cases of bullying by illegal loan apps. Between January and May 2025 alone, the Authority received 377 reports of abuse compared to the 228 cases recorded in 2024, the CSA said in a statement.
Forty-eight (48) of such apps have been identified, the statement noted. Among them are Miniloan, Devtage Loan, Mix Loan, Ozzy Money-Cash, Plus Cash Arrow, Cash Arrow, FundsCredit, Lever Credit, Getloan and Upper Loan, Kcash, Bestloan, Gcash, DaraLoan, Loanbase, Taploan, Gh Loans, Sune Loans, Urgent Money, Sparkloan, Skyloan, Loancloudgh, and Pea money, among others.
“These apps operate without legal backing and often disregard consumer protection laws. Engaging with them exposes users to serious risks, including data breaches, harassment, and financial loss,” the CSA cautioned in the statement.
