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• 405 views

You might face some embarrassment from your creditors. It will be challenging, but it is only a matter of time, and you will scale through.

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we strongly advise against borrowing money from loan apps. Loan sharks charge exorbitant interest rates, falsely accuse you and your associates of criminal behavior

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• 691 views

Names of approved loan apps legally permitted to operate in Nigeria

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• 608 views

When facing financial difficulties, it's crucial to seek reliable and legal lending options. Unfortunately, some individuals or organizations prey on vulnerable borrowers, trapping them in a vicious cycle of debt.

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• 350 views

It's crucial to understand the distinction between loan sharks and licensed lenders, When in need of financial assistance. While both provide loans, their practices and legitimacy vary significantly.

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• 250 views

Customers of online money lenders have raised serious concerns about the undignified tactics employed by these lenders to recover loans.

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• 253 views

In today's challenging economic climate, many individuals find themselves in need of quick cash to meet urgent financial obligations.

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When in need of quick cash, it's essential to be aware of the dangers associated with loan sharks. These unscrupulous lenders operate outside the boundaries of the law, exploiting vulnerable individuals and trapping them in a cycle of debt.

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• 402 views

In times of financial hardship, borrowing from loan sharks may seem like a quick solution. However, it's important to understand the severe legal consequences associated with dealing with these unscrupulous lenders.

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• 318 views

The year it all began: Loan apps gained traction in Nigeria around 2019, The Introduction of mobile money and digital financial services as enablers

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With over 1000+ loan apps in Nigeria Let's explore these factors and understand why loan apps have become increasingly popular in Nigeria.

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Loan shark activities pose a significant threat to individuals in Nigeria, trapping them in cycles of debt and subjecting them to exploitative practices. Reporting these illegal lenders is essential to protect yourself and others from their activities.

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• 233 views

In today's digital age, online scams have become increasingly prevalent, including the activities of loan sharks operating through digital platforms.

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• 276 views

The Federal Government, through the Federal Competition and Consumer Protection Commission, has approved a total of 154 digital money lenders to operate in the country.

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• 285 views

Loan sharks have long been a threat to individuals seeking quick financial solutions. Their exploitative practices have left many people in financial distress.

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• 122 views

In the dynamic landscape of personal finance, the convenience of loan apps has become a game-changer for many in Nigeria. Whether for emergency expenses, business investments, or unexpected bills, the ease and speed of approval offered by these apps can be

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• 117 views

In an era where financial transactions are increasingly conducted online, the rise of loan app scams poses a significant threat to unsuspecting borrowers. The promise of quick cash can sometimes lead individuals into the clutches of fraudsters.

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• 530 views

In Nigeria, the issue of loan shark harassment has become a pressing concern for individuals who, in times of financial need, may fall prey to unscrupulous lenders. If you find yourself subjected to relentless harassment from loan sharks,

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• 161 views

In a recent announcement, the Federal Competition and Consumer Protection Commission (FCPC) of Nigeria has delisted thirty-seven (38) additional illegal loan apps, strengthening its crackdown on unauthorized financial services.

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Successfully navigating the journey of repaying a personal loan is crucial for maintaining a healthy credit rating. In instances where managing loan repayments becomes challenging, implementing effective strategies can make a significant difference.

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Are you in need of quick financial assistance without the hassle of collateral?

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• 128 views

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) plays a crucial role in promoting the growth of smaller businesses across the country.

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SMEDAN, an acronym for the Small and Medium Enterprises Development Agency of Nigeria, stands as a crucial governmental organization established to provide financial support

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• 126 views

In today's digital world, getting a loan through apps can be super handy, but it also brings some risks, especially when dealing with shady apps. These apps might cause problems like invading your privacy, bothering you, or trying to squeeze more

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• 123 views

Illegal money lenders, often known as loan sharks, are individuals who offer money to people in need, but they operate outside the law. While they might seem helpful at first, borrowing from loan sharks can lead to serious problems, including high interest

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• 110 views

Mr. Okechukwu Unegbu, a seasoned financial expert and former president of the Chartered Institute of Bankers of Nigeria, has raised concerns about the increasing presence of loan sharks in the Nigerian financial landscape. He deems them detrimental to the

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The rise of digital lending apps in Nigeria has taken a dark turn as victims share harrowing experiences. Instances of humiliation, threats, and even tragic outcomes have been reported. The Federal Competition and Consumer Protection Commission (FCCPC) has

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In a significant move to curb the activities of unregulated Digital Money Lenders (DMLs), the Federal Competition and Consumer Protection Commission (FCCPC) has directed Google Limited Liability Company (LLC) to expel 18 apps from its Playstore. These DMLs

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• 112 views

In the face of economic hardship, an increasing number of Nigerians find themselves resorting to loan sharks, driven by various factors including harassment, defamation, and the persistence of unlicensed loan apps.

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• 123 views

In the complex landscape of personal finance in Nigeria, it's not uncommon to encounter challenges that lead individuals to consider borrowing money. However, the shadows of unlicensed moneylenders, colloquially known as loan sharks, can cast a dark cloud

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• 116 views

In the pursuit of financial stability, many Nigerians may find themselves tempted by the quick relief promised by loan sharks. However, what happens if you don't pay a loan shark is a serious concern that demands attention. This article aims to shed light

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• 151 views

A loan shark is an individual who lends money illegally, charging exorbitant interest rates and resorting to intimidation or violence if the borrower struggles to repay. If you've encountered a loan shark or are concerned about someone else, there is help

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• 81 views

In an era dominated by complex financial systems and digital transactions, the importance of financial literacy cannot be overstated. Understanding the nuances of personal finance is not merely a skill; it is a shield that guards against predatory practice

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Borrowing money can be a useful tool to achieve your financial goals in Nigeria, whether it's buying a home, funding education, or growing your business. However, it's essential to manage loans responsibly to avoid unnecessary debt and financial stress.

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• 109 views

In the era of digital finance, loan apps have become convenient tools for accessing quick funds. While they offer financial flexibility, using them responsibly is paramount to avoid falling into debt traps. Here's a guide on smart borrowing

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• 478 views

Loan apps typically request contact access during installation

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We have helped over 40,000+ people escape the clutches and Jails of loan sharks. Follow our instructions, and you'll break free from their grip.

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• 692 views

As part of the ongoing investigation conducted by the Joint Regulatory and Enforcement Task Force (JRETF) concerning potential infringements on privacy and other rights by Digital Money Lenders (DMLs)

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It's no longer news that if you lose your phone, especially with your main line used for receiving bank alerts, your account could be wiped out within hours if you don't take measures to restrict your account and block your SIM to minimize the attack.

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I believe it is expedient to educate people on how this process works so that they can be well-informed and make better decisions, rather than being tossed to and fro.

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An unknown person sends defamation to your own contacts you are afraid and depressed, don't you have the hands to type a disclaimer yourself? why not take the initiative to craft your own? Creating a fake disclaimer may raise suspicions and could even make