Interest Rate	35%
Duration	From 7 days
Access Level	Public
Company Name	Nairacup
Phone 1	0814 772 1738
Phone 2
Website or Store
Address
Category	Dangerous Loan
Company Email
Views	6,963

About Nairacup

Naira Cup: Your Trusted Ally for Instant Loans

Interest Rates: At Naira Cup, we prioritize transparency and affordability in our lending practices. Our competitive interest rates are designed to ensure that you can access the financial support you need without facing burdensome charges. We believe in fair pricing that respects your financial wellbeing.

Company Profile: Naira Cup is a prominent loan app in Nigeria dedicated to providing safe, reliable, and instant financial solutions. With a strong focus on convenience, security, and outstanding customer service, we empower individuals and businesses to reach their financial aspirations with confidence.

About Us: Founded with a mission to transform the lending landscape in Nigeria, Naira Cup harnesses the power of technology to make loans more accessible and user-friendly. We believe that financial empowerment should be attainable for all Nigerians, regardless of their economic background.

Company Services: Naira Cup specializes in offering instant loans through our intuitive mobile app. Whether you require funds for emergencies, business ventures, education, or other needs, our quick and seamless application process allows you to secure the money you need promptly. We also provide customized loan options, flexible repayment plans, and dedicated customer support tailored to meet the diverse needs of our clients.

Our Mission: At Naira Cup, our mission is clear: to deliver safe, reliable, and instant financial solutions to individuals and businesses throughout Nigeria. We leverage innovation and technology to simplify the borrowing process, promote financial inclusion, and empower our customers to achieve their goals.

Our Vision: We envision a future where accessing financial support is effortless, transparent, and convenient for everyone. Through our innovative lending approach, we aspire to become Nigeria's leading provider of instant loans, setting new benchmarks for excellence and dependability in the industry.

Our Core Values:

Exceptional Customer Service: We place our customers at the forefront, striving to deliver outstanding service and support throughout the lending journey.

Collaborative Partnership: We believe in fostering strong relationships with our customers, partners, and stakeholders, built on trust, transparency, and mutual respect.

User-Friendly Experience: We are committed to simplifying the borrowing process, ensuring our customers can easily access the funds they require.

Robust Security: Protecting our customers' personal and financial information is paramount. We implement stringent security measures to safeguard against unauthorized access and fraud.

Instant Loans: As a trustworthy online loan app in Nigeria, Naira Cup provides instant loans with rapid approval and disbursement processes. Whether facing a financial emergency or pursuing new opportunities, our platform offers the speed and convenience needed to access funds when it matters most.

Naira Cup is more than just a loan app; we are your reliable financial partner, dedicated to supporting you on your journey toward financial stability and success. Experience the Naira Cup difference today and take charge of your finances with confidence!

FAQ

Can loan apps post my pictures on social media?

You should not worry about loan apps threatening to post your picture on social media. If you check their accounts, you’ll notice most of them have fewer than 100 followers. This means they are mainly circulating your picture among themselves just to instill fear in you. Never pay a dime if any loan app posts your picture online; they are actually the ones owing you, not the other way around. Instead, report the account to the appropriate social media platform, and it will likely be closed down.

Can they auto-debit my account?

If you linked (bound) your ATM card during registration with a loan app, they can automatically debit your account. To prevent this, you should go to your bank, block the card, and request a new one.

For fully licensed Microfinance Banks that may use the Global Standing Instruction (GSI) or place a lien on your account, the safest option is to move your money to another bank account that has never been registered with loan apps. This will stop them from debiting your funds.

Can they come to my house or office to arrest me?

99% of loan apps cannot come to your house or office because most of them operate illegally and have no legal right to pursue you physically. Only fully licensed and approved Microfinance Banks with a registered office address and reputation as a legitimate financial institution can pay you a friendly visit, but never to arrest you.

Borrowing is a civil matter, not a criminal case. That means you cannot be arrested simply because you owe money. If any licensed microfinance bank tries to harass or threaten you, please contact us immediately—we will take the right steps to deal with them.

As for loan apps, they cannot legally come to your house or office to arrest you.

Can this loan app defame me?

Yes and No, a loan app can defame you, but it usually depends on where you downloaded the app from and what permissions you gave it.

If you downloaded the app outside the Play Store or App Store (for example, from a direct link or third-party site), it’s very likely the app will misuse your information. Many of those apps are not properly regulated.
How they access your contacts:

Loan apps need Contact permission to copy your phone contacts.
They also sometimes request Call log permission, which allows them to see your dialed, received, and missed calls—but not your full contact list.

If you used the app before 2023:

Before 2023, many loan apps could freely access contacts because the rules were not strict.
From 2023 onward, Google Play Store and Apple App Store introduced policies that restrict apps from accessing contacts and call logs unless it’s absolutely necessary.

How do I get rid of their daily messages and calls?

To stop their frequent calls, you can install Truecaller, upgrade to Premium, and use the Block Spam Calls feature. This will automatically filter out most unwanted numbers. (Check the video below for step-by-step details.)

For WhatsApp calls and messages, fight back smartly: never listen to their voice notes or read their messages. Instead, use the response strategy in the link below to reply safely. When you push back confidently, scammers usually give up and flee.

https://loansharkreview.com/MessageTemplate

Will this loan apps report me to the Credit Bureau?

In most cases, 90% of loan apps cannot report you to the Credit Bureau. This is because many of them are not licensed financial institutions or they charge exorbitant interest rates that violate government policies.

However, fully licensed and approved microfinance banks can report you to the Credit Bureau. Even when they do, they usually report only the actual amount you borrowed and the original agreed interest — not the inflated charges or penalties. If you notice incorrect information in your credit report, you have the right to contest it with the Credit Bureau and request correction.

Loansharkreview

Reviews

unwanted Loan disbursement ( NAIRACUP) (Nairacup)
NOTICE OF REPORT TO FCCPC AND LAW ENFORCEMENT AUTHORITIES
This serves as a formal notice regarding your failure to appear in person at the State Criminal Investigation Department (CID), Panti, Yaba, Lagos, in connection with serious allegations against you.
The allegations include:
1. Defamation of Character
2. Breach of Data Protection
3. Extortion of Nigerians under False Pretence, by operating an online loan application that:
- Sends unsolicited loans to individuals without their consent or application
- Uses threats, intimidation, and harassment, including death threats, to extort repayment
Your failure to honour the invitation has further escalated the matter. Accordingly, you are hereby declared wanted and reported to the Federal Competition and Consumer Protection Commission (FCCPC) and other relevant security agencies for further investigation and prosecution.
You are strongly advised to present yourself immediately to the authorities to avoid further legal consequences.
- 8/20/2025
Invasion of privacy (Nairacup)
Nairacup has been the worst app I have ever borrowed money from. I fell into their pit of hell last week, and since then they have been sending my pictures everywhere — even to my contacts and customers. People have been calling me from all over to confirm the disturbing messages they received, and I have had to explain what really happened.

Imagine, I was offered ₦50,000 on the dashboard, but when I confirmed, it showed ₦15,000, and only ₦9,000 was disbursed. I couldn’t cancel because it was too late. Ever since, I have been blackmailed, and my contacts have also been harassed. Random people keep calling me.

Nairacup has left me traumatized 😭😭😭. This app needs to be banned — it is depressing and dangerous to borrow money from them.
- 8/10/2025
Scammers, Evil loan app (Nairacup)
I didn't borrow money from nairacup but three days ago I saw threats messages through SMS, WhatsApp that my pictuanyre will be posted to all my contacts and will message my contacts.
They were able to reach out to my contacts telling them that my picture will be posted on social media, threaten them. The threats still continues on posting my picture.
Please, no one should apply and dubiously use people numbers to borrow money.
I have never borrowed money but one day, I saw an otp I didn't request for. Be careful with loan sharks, it's better to borrow from friends and family and go there.
- 6/8/2025
Defamation (Nairacup)
Nairacup is threatening me because I am owing them. Beware of them oh

They are very dangerous people and should be brought down
- 5/28/2025
Harassment, false accusation, despite loan due date has not been reaches (Nairacup)
0[03/19, 12:14] +234 907 855 3610: We can see that you're a shameless useless criminal bastard

All your contact list will reach you by 2pm alongside with your obituary picture
[03/19, 12:15] +234 907 855 3610: Those children of age 5-6 that you rape killed,😭😭😭an sell their body parts to your ritual client

You will explain it to the world an to the people on Facebook by 1pm
- 3/19/2025
Agent message to users
Your mother will run out Naked with tears of sorrow this week and anything you ever lay your hand on will never prosper for you will work in vain and will have nothing to brag about and if you have kids they'll all die before you... This is not just a curse but a promise. And they have deframe
- 2/23/2025
Very nonsense app (Nairacup)
They are scammers and blackmailers, they forcefully give out loan and force you to pay back with threats
- 1/28/2025
Unwanted loan disbursement (Nairacup)
It was this morning, i received numerous messages from different loaners bt i saw a number with the name "teema mukhtar" on it, seeing that she might be a hausa girl i decided to talk to her, where she told me they have 50 or more money to lend me, i told her my past experience with a loan app where almost the same thing happened, and that from just registering without wanting to take the loan they sent it to me, i returned the money on the same day thinking they would understand that i don't need the loan, but when the payment day came they sent numerous threats to me not allowing me to talk, any number that text me abt the loan i try to explain and send him the screenshot of everything that happen but each of them keep ignoring my messages, she said they are not like that and that there loan is for a month or more, after trusting her and putting my details into 3 different apps they all did the same thing, disbursing without wanting it, immediately after doing that she ignore all the messages I've sent to her regarding the disbursement, i called her and she not picking
- 1/17/2025
Evil app, run for your life! (Nairacup)
On faithful Monday morning 14th of October 2024. I was busy in my sitting room with some important tasks when these obnoxious calls came in rapidly from unknown numbers, finally I picked up the calls and the voice was a loan app agent from Nairacup who promised to deliver nothing short of 200k for business loan with 3 months validity at very low rate that is equivalent to 5k over the 3 months for a loan amount of 200k. It sounds so unreal! I told her I was a little bit busy and will get back to her, few minutes later, my WhatsApp buzz with message notification from the same fellow! Within a twinkling of an eye my wall was already full with messages and 3 loan apps! I was confused about the whole situation and later asked her how she got my number of which she confess that she extracted it from loan database and that she has gone through my record and verified that I am not a debtor. But everything looks surreal because I have never registered with these people nor ever came across their platform before. How on earth will you breach into the database, retrieve my personal data, violate my privacy and come around to force a loan on me? I kept wondering!
She instructed me to download all the 3apps as a key requirement to get the business loan of nothing less than 200k. After the registration, she specifically instructed me to delete the Nairacup application, and I did accordingly, I sent her the screenshot of every step. Finally, with the Nairacup app gone! My loan submission on the other two apps were rejected! What a waste of time and resources! I sent her the screenshot immediately but by now it's clear that she came around to collect my data, she never answered my questions nor reply to my messages again! Later in the day, I saw a credit of 5k in my account and was like what a heck! From Nairacup? The app she instructed me to delete and of course I did accordingly. Everything was quiet until yesterday 20th of October 2024. I received a text message with a caption for loan repayment! I made a screenshot and sent to her and she didn't reply. Few moments later I got another message in my WhatsApp, curses and threats! Telling me the due date would be Monday October 21, if I do not pay something... Blah blah blah... Curses and threats, forwarded my pictures and contacts. I responded with a firm No, that I my application was declined and my data and privacy was violated. The threats continues. This morning Monday October 21, 2024. At 6am I got another message in my WhatsApp containing curses and threats. I kept wondering about how crude and barbaric these people are! Despite having my data stolen and retrieve without my permission, yet threats keeps pouring in like torrent!
- 10/21/2024