Loan Apps and Harassments

Loans Apps have purged into Nigeria society with most of them doing more damage than good.

Most of these loan apps were developed after Covid-19, luring several people who lost their jobs and needed money. These apps offer easy and quick loans, they (the fraudsters) trap people with violation of privacy, and exorbitant interest rates.

Many of us have encountered many stories on harassment by loans apps and also victims of loans Apps harassments.

Most of the loans apps in Nigeria are operating illegally. Their illegal operations have put many Nigerians to debt and send many to bankruptcy.
Nigerians are hereby advised to subscribe to loans apps with regulatory assessment and approval by FCCPC agency.

Recall, the Federal Competition and Consumer Protection Commission (FCCPC), National Information and Technology Development Agency (NITDA), and the Independent Corrupt Practices and Related Offences Commission (ICPC) with the Nigeria Police recently raided some illegal loan apps in Lagos.

According to Punch , digital lending platforms like GoCash, Okash, EasyCredit, Easi Moni, KashKash, and Speedy Choice were among the busted companies.

How do you Report Loan apps?

People taking loans should not get afraid of such apps, if they have taken loans from them and are harassed, they should do the following :

Report the incidents to the The FCCPC agency by sending You can send a mail to lenderstaskforce@fccpc.gov.ng detailing your encounter with the loan app.

Another Option is Reporting to App Store(Playstore)

The agency also entered and served wide-ranging orders on Google LLC (Play Store) and Apple Inc. (App Store) to enforce the withdrawal of certain applications that violates rights of customers where evidence of inappropriate conduct has been established.

Reports have shown Users don't go through privacy policy when installing or using an App.
Nigerians care less about the privacy policy on Google Play apps and WhatsApp

The privacy policy on the Google Play stipulates that apps that offer financial services on its platform should disclose to users what it intends to use their personal information for.
If found that the loan apps violates your privacy you can report the app for inappropriate misconduct with substantial evidence for take down of the Application.




Source : cited from Cytrends from https://cytrends.xyz/loan-apps-harassment-heres-what-you-should-do/

so you are supporting people to spoil other people’s business should people owe you that much, wont you bounce on all of them at once when you see them? make we dey reason sha

he is not saying that people should spoil their business.
all I can read here is the op telling people that they have power over unregistered loan app

BabalawoPikin:
so you are supporting people to spoil other people’s business should people owe you that much, wont you bounce on all of them at once when you see them? make we dey reason sha

Some loan apps don't work per regulation they don't follow Law

The said body should work on their excessive interest and short duration then later start giving due punishment to people who take loan and refused to pay back

haiti007:
The said body should work on their excessive interest and short duration then later start giving due punishment to people who take loan and refused to pay back

Devman:


Some loan apps don't work per regulation they don't follow Law

Then tell people not to accept loans from the ones that "Don't follow law" as you said.

It's criminal for a person to take a loan then when it's time to pay back the loan the person that took the loan suddenly realises that the loan company "Does not follow law"

You Nigerians are largely thieves!

MrFollowFollow:


Then tell people not to accept loans from the ones that "Don't follow law" as you said.

It's criminal for a person to take a loan then when it's time to pay back the loan the person that took the loan suddenly realises that the loan company "Does not follow law"

You Nigerians are largely thieves!

Perhaps people should not borrow if you can't guarantee repayment at due time

MrFollowFollow:


Then tell people not to accept loans from the ones that "Don't follow law" as you said.

It's criminal for a person to take a loan then when it's time to pay back the loan the person that took the loan suddenly realises that the loan company "Does not follow law"

You Nigerians are largely thieves!

Thieves.. That's what you think

MrFollowFollow:


Then tell people not to accept loans from the ones that "Don't follow law" as you said.

It's criminal for a person to take a loan then when it's time to pay back the loan the person that took the loan suddenly realises that the loan company "Does not follow law"

You Nigerians are largely thieves!

MrFollowFollow:


Then tell people not to accept loans from the ones that "Don't follow law" as you said.

It's criminal for a person to take a loan then when it's time to pay back the loan the person that took the loan suddenly realises that the loan company "Does not follow law"

You Nigerians are largely thieves!

As you be Ghanaian na. Ode

BubblingB:


As you be Ghanaian na. Ode

Oloriburuku!

I'm not the cause of your frustration!

MrFollowFollow:


Oloriburuku!

I'm not the cause of your frustration!

Idiot son of a bi@tch. Better go and get a life

BubblingB:


Idiot son of a bi@tch. Better go and get a life

Baboon! Son of a w1tch, go and deal with your frustrations alone!

MrFollowFollow:


Baboon! Son of a w1tch, go and deal with your frustrations alone!

Who dey frustrated mumu? U go follow dead body enter ground one day as u no wan get sense

Omo na them sabi, the country is hard, but for these loan sharks they’re evil. God forbid. Like this eh, I no dey pay shishii😏. Rubbish people😂.if you are still worried about them or what they will do to you if you’re owing them, sorry oooo 😂🤣na u sabi, that’s to your own detriment. Do not mind whatever messages or threats they send to you on daily basis. Most of those loaners are fast killers, crooks, life hunters and real time scammers. Like this eh..Am still owing about…. of them😌, but I no dey pay shishii 😒 it’s over a year and some months now since overdue and none of them were able to call or send messages to my contacts and post my pictures anywhere. They are even tired of calling 😌😏.. If you wish to know how to deny them access and how to clear your contacts and data from their server send me a DM on WhatsApp @09151977310. But if you’re one of their agents and you disguise into my DM, let me not swear for you shaa 😏. Nonsense people.

BabalawoPikin:
so you are supporting people to spoil other people’s business should people owe you that much, wont you bounce on all of them at once when you see them? make we dey reason sha

Dat a shady business too many deceit and lies.

Herosax:
Omo na them sabi, the country is hard, but for these loan sharks they’re evil. God forbid. Like this eh, I no dey pay shishii😏. Rubbish people😂.if you are still worried about them or what they will do to you if you’re owing them, sorry oooo 😂🤣na u sabi, that’s to your own detriment. Do not mind whatever messages or threats they send to you on daily basis. Most of those loaners are fast killers, crooks, life hunters and real time scammers. Like this eh..Am still owing about…. of them😌, but I no dey pay shishii 😒 it’s over a year and some months now since overdue and none of them were able to call or send messages to my contacts and post my pictures anywhere. They are even tired of calling 😌😏.. If you wish to know how to deny them access and how to clear your contacts and data from their server send me a DM on WhatsApp @09151977310. But if you’re one of their agents and you disguise into my DM, let me not swear for you shaa 😏. Nonsense people.

This people are realy hrtless,i never knew dat how they operate I loaned almost ten app.using this to pay that ,d rate of interest is worst naw giving 7days is another hrtache.and my business have run down don't have money to pay them back .I actually wanna pay back but I don't even have d money.i will DM u