has said President Bola Tinubu’s credit scheme will help to close the gap and reduce vulnerability of Nigerians to unethical digital loan companies.
The FCCPC boss said the scheme would also help to reduce the rate at which Nigerians patronise unregistered loan applications that were prone to maiming and shaming their character.He explained that although the commission had registered some digital money lenders, most of the unregistered had continued their unethical practices on their customers.
“The only collateral you will need is your National Identification Number and the Bank Verification Number .
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