FCCPC Urges Nigerians to Report Loan Apps Engaging in Harassment

The Federal Competition and Consumer Protection Commission (FCCPC) has called on Nigerians to report loan apps and businesses that engage in harassment over unpaid loans. The commission emphasized that no consumer should live in fear due to aggressive debt recovery tactics.

This follows ongoing complaints about unethical practices by some digital lenders, including threats, blackmail, and unauthorized access to customers’ contacts. The FCCPC has been working to regulate online lending platforms and has previously sanctioned several operators for violating consumer protection laws.

Nigerians facing harassment from loan apps are encouraged to report such cases to the FCCPC through official channels to ensure appropriate action is taken.

Temidayo Babalola

Temidayo Babalola SPMIIM is the Editor-in-chief and Publisher of TMnews Magazine and www.tmnewsmagazine.com He is Senior Professional Member, Institute of Information Management iim-africa, Secretary of Ogun NUJ Independent Online Chapel, Member of Celebrity Journal Publishers Association of Nigeria CJPAN, SSA on Media to National Chairman of Police Community Relations Committee (PCRC) and Member Special Constabulary Police. TMnews is proudly Published under Temis Prime Media & Ventures. Contact us on 08062107810 or temisprimemediaventures@gmail.com We celebrate people of the Nation