Can you imagine? Your point is baseless. Just as no one forces a borrower to accept loan terms, no one can force repayment when a lender violates CBN, Nigeria and money-lending policies, such as:

1. Cyberbullying

2. Defamation of character

3. Sextortion

4. Laying curses on borrowers

5. Arbitrarily increasing borrowers’ debt, which is against money-lending policy

Misuse of users’ data

6. Calling borrowers excessively (e.g., 100 times a day), which violates data protection and NDIC policies.

The moment Lenders engaged in any of the above, they should meet us in the court of the law if they want get their money.

Likewise, no one forces lenders to rush into the market without proper customer KYC and collateral to secure their investments. We have over 2000 licensed Microfinance banks who are following CBN policies and are helping businesses to scale. With interest as low as 3% to 5% a month.