💣 What’s Really Going On? In the last few years, mobile loan apps in Nigeria have grown rapidly, offering quick access to credit without paperwork or collateral. But behind this convenience lies a disturbing trend: harassment, defamation, and privacy abuse . From students borrowing as little as ₦5,000 to small business owners covering urgent bills, many Nigerians are falling victim to digital bullying tactics by these apps. Sending defaming messages to your contacts Threatening arrest or jail via SMS Calling borrowers nonstop with threats This isn’t just unethical — in many cases, it’s illegal . 📈 The Alarming Growth of Loan Apps in Nigeria According to a 2024 report by the Federal Competition and Consumer Protection Commission (FCCPC) , Nigeria had over 200 active loan apps , many of which were unregistered or failed to meet data privacy standards. A significant portion of these apps: Are not available on the official Google Play Store Force users to downlo...