Is Bg Loan legit?

Bg Loan has been delisted by the FCCPC and may not offer loans. See its FCCPC listing, similar app names to avoid and registered lenders to use instead.

Delisted by the FCCPC

Bg Loan

The FCCPC has removed this app from its register. It is not permitted to offer loans. Do not borrow from it.

Listed by FCCPC as
BG LOAN APP

What to do: do not install the app or share your BVN, card or contacts with it. If you already borrowed and are being harassed, keep screenshots and report it to the FCCPC and to us below.

Other listings with a similar name:

  • Bg Loan On the FCCPC watchlist
  • Bgloan FCCPC approved Finnew Fintech Limited

FCCPC register last checked 24 October 2026. Names can differ slightly between the app store and the register; if in doubt, search the company name.

Need a loan? These lenders are on the FCCPC register

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We may earn a commission if you apply through these links. It never changes a lender's register status. Compare all loans

Questions borrowers ask

Is Bg Loan approved by the FCCPC?

As of the FCCPC register checked on 24 October 2026, Bg Loan is listed as: Delisted by the FCCPC. The FCCPC has removed this app from its register. It is not permitted to offer loans. Do not borrow from it.

Is it safe to borrow from Bg Loan?

We would not recommend it. Borrow only from lenders with full FCCPC approval or a CBN licence, and compare the total cost first.

What can I do if Bg Loan harasses me or messages my contacts?

Keep screenshots of every message and call, do not pay anything you do not owe, and report it to the FCCPC. Shaming borrowers or contacting their friends and family breaks the FCCPC digital lending rules. You can also report it to KudiCompass so we can warn other borrowers.