NewStats: 3,261,658 , 8,174,665 topics. Date: Friday, 30 May 2025 at 12:02 AM 2j1m5m

Federal Competition and Consumer Protection Commission (FCC) has issued a stern warning to loan apps and businesses that harass and intimidate Nigerians over unpaid loans.

In a bold move to protect consumers, the FCC has urged Nigerians to report any instances of harassment or intimidation by these loan apps and businesses.

The FCC’s directive comes amidst growing concerns about the tactics used by some loan apps and businesses to recover debts from customers.

Many Nigerians have reported being subjected to threatening messages, calls, and even social media shaming by these loan apps and businesses.

In a statement, the FCC emphasized that “no consumer should live in fear” and that it is committed to protecting the rights of Nigerians from unfair and deceptive practices. The commission warned loan apps and businesses that they will face severe consequences if they continue to engage in harassing and intimidating behavior.

The FCC emphasized that “no consumer should live in fear” and that it is committed to protecting the rights of Nigerians from unfair and deceptive practices

The FCC has encouraged Nigerians to report any instances of harassment or intimidation by loan apps and businesses to its office. The commission has also assured that it will take prompt action to address these complaints and bring perpetrators to book.

This move by the FCC is a welcome relief to many Nigerians who have been victims of loan sharks and harassing loan apps. It is a clear indication that the government is committed to protecting the rights of consumers and promoting fair business practices in the country.

Nigerians are advised to report any instances of harassment or intimidation by loan apps and businesses to the FCC through its website or social media channels.

The commission can also be reached through its toll-free line or by visiting its office in person.

By reporting these instances, Nigerians can help the FCC to crack down on loan sharks and harassing loan apps, and create a safer and more secure environment for consumers to access credit and other financial services.

Source: https://www.msn.com/en-xl/money/other/fcc-issues-message-to-nigerians-on-how-to-report-loan-apps-harassing-customers/ar-AA1ydje9?PC=EMMX01

Good but at the same time, try to pay your debts

I hope my 9ja people no go abuse this

Step-by-step guide to report loan apps harassing you – FCC

The Federal Competition and Consumer Protection Commission (FCC) has provided Nigerians with a detailed guide on how to report loan apps that engage in harassment, particularly after loan repayment failures.

Online loan apps have become a popular choice for many Nigerians seeking quick financial relief. However, some lenders resort to aggressive tactics, including sending embarrassing messages — sometimes with personal photos — to the borrowers’ s when repayments are delayed. These actions have led to significant distress, with victims losing jobs and facing public humiliation.

In response to growing concerns, the FCC reiterated its commitment to safeguarding consumer rights. The Commission encourages Nigerians to report any instances of harassment from loan apps.

Here’s how to report:

Email: Send complaints to @fcc.gov.ng.

Social Media: Message FCC directly on X.

Website: Visit fcc.gov.ng, navigate to the “File a Complaint” section, and fill in your details. You’ll need to provide information such as the loan app’s name, details, loan amount, and a description of the issue.

The FCC assures consumers that their rights are being protected and businesses will be held able for unfair practices.

Source: https://guardian.ng/news/step-by-step-to-report-loan-apps-harassing-you-fcc/#google_vignette

Acekidc4:
Good but at the same time, try to pay your debts

Yes oooo, that's the main Koko...

Try to pay your loan

NewDigitalWorld:


Source: https://www.msn.com/en-xl/money/other/fcc-issues-message-to-nigerians-on-how-to-report-loan-apps-harassing-customers/ar-AA1ydje9?PC=EMMX01

Acekidc4:
Good but at the same time, try to pay your debts

Some loan apps don't deserve to be paid

I have a case in court with EaseCash.
They called my s on my due date even after making part payment of what I was supposed to pay earlier that day. It's a fight to the end.
The told my s I'm on the run with company money. Before then I was never a day overdue.
I pay before due dates. I mostly needed the money for emergencies and this time around because I had issues with transfer from my GTBank to Opay.

Yarmouth this is for you

Make I go report all the 7 loans company wey dey post my picture for Tiktok 😞😞

Is04970:
I have a case in court with EaseCash.
They called my s on my due date even after making part payment of what I was supposed to pay earlier that day. It's a fight to the end.

Deal with them, I beg you....

Nigerians no dey pay loan.

But the recovery process of these loan sharks dey very bad

I don't blame the Loan Apps

So many Nigerians are horrible when it comes to paying back debts

Our people.

They have already scam your phone number. If you ignore their call, it is your loved ones they harass and humiliate.

Loan people and their wahala

FCC should also tell them to pay back their loans!

A borrower go back sorrowing! Go and borrow with no intention of paying back and see if they won't bombard you with the usual messages. Dey play!

Some loan apps should never be paid...

NewDigitalWorld:
I hope my 9ja people no go abuse this

Which civil servant would accept their endless phone calls without bribe. By next month, they would call but no one would pick (as long as it is government workers)

ceejayluv:

Deal with them, I beg you....

Be ready to contribute money for lawyer fees

EXOUSIAng:
Some loan apps should never be paid...

Rubbish!

Go To Court

Even Nigeria dey owe, despite interest still increasing 🤷

Pay up your loans. simple

LoanShark:


Rubbish!

Looks like you run a loan app

Nice one..... Shuuuu even Nigeria dey owe..... Nigeria is happening to many Nigerians.....

NewDigitalWorld:


Source: https://www.msn.com/en-xl/money/other/fcc-issues-message-to-nigerians-on-how-to-report-loan-apps-harassing-customers/ar-AA1ydje9?PC=EMMX01

Is04970:
I have a case in court with EaseCash.
They called my s on my due date even after making part payment of what I was supposed to pay earlier that day. It's a fight to the end.

Very good most of this loan apps are very stupid. If you miss due date payment, he go Bel like say the world go end. If you like pay up to date for 10 years. The day you miss a particular due date they will be running mad and wild very stupid company operating in Nigeria

Gotocourt:
Go To Court

Even Nigeria dey own, despite interest still increasing 🤷

I tire

jimmyolasun:
Make I go report all the 7 loans company wey dey post my picture for Tiktok 😞😞

.


You must be a notorious debtor.

If I pay fair money complete na me f*ck up

I borrowed #250k to pay back #418k kilode
I don pay the #250k but the Interest otilo

Very wicked people