Customer Cries Out For Help Against Blacklisting, Threats From Loan Apps In Nigeria

A concerned customer has cried out for help to QUICK LOAN ARENA regarding the various blackmails, blacklistings and threats from loan apps in Nigeria, warning that if not curbed, can cause depressed borrowers to commit suicide. She called on the Federal Government to quickly halt this worrying trend and prevail on theSE illegal digital lenders to stop their excesses.

Top 20 Loan Apps In Nugeria

Threats From Loan Apps Can Cause Someone To Commit Suicide — Customer Laments

According to Owoeye Hannah who spoke to this reporter on Social Media laments the way and manner loan apps in Nigeria threaten their customers and talking rudely to them like they don’t matter. Some go as far as refrring to their customers and borrowers as ‘crazy’, ‘stupid’ and all manner of derogatory statements.

Owoeye urges the Nigerian government to regulate the threats from loan apps and demand that they abide by the rules of the game and be civil in their operations.

She says the threats from loan apps can be dismaying with some coming even a day or the very day the loan repayment falls due. She wants the loans in Nigeria to give provision and moratorium for repayment even after the due date.

Threats from Loan Apps in Nigeria
Threats from Loan Apps in Nigeria
Threats from Loan Apps In Nigeria
Threats From Loan Apps In Nigeria

Customer Wants Harrassment And Threats From Loan Apps In Nigeria To Stop

10 Best Loan Apps Without ATM Card In Nigeria 2022

The loan app customer condemns the situation where staff of lending platform talk anyhow to their customers, sending threatening messages to them and their contacts and invading their data privacy.

Finally Owoeye urges loan apps in Nigeria to abide by the local lending rules and Google Playstor policy on loan tenure which mandates digital lenders to not give out any loan less than 60 days tenure.

Top Loan Apps Banned In Nigeria

QUICK LOAN ARENA understands most of Nigerian digital lending apps give out loan for just 7 days. This is despicable, according to her.

Read her statement below

Good morning QUICK LOAN ARENA. Please help us look into the short duration loan apps in Nigeria normally give customers when they collect loans and the ensuing embarrassements they melt out to them whenever there is an alleged loan repayment default.

After due date they should at least give customers extra one week to make repayments.

Circumstances can arise unexpectedly for borrowers which may make he or she to be unable to pay on due date.

Most of the loan app staffs lack manners, they talk to customers anyhow, sending threatening and derogatory messages to them. They also invade their private contacts, sendingdefamatory messages to all their contacts.

Pls kindly help us use your platform to address these issues. If not addresed, it can make victims, customers to commit suicide if threats from loan apps is too much and unbearable.

Threats from Loan Apps in Nigeria
Threats From Loan Apps In Nigeria

According to, the following are major threats from loan apps:

Threats From Loan Apps In Nigeria

  • Accessing the contact number and picture stored in mobile.
  • Misuse of contact numbers and pictures saved in mobile.
  • Excessive interest and penalties.
  • Interest deducted before providing the loan.
  • Constant harassment and threats.
  • Online Harassment.
  • Harsh and unethical means of recovery.

The website goes ahead to some of the major signs that may indicate red flag and potential fraudulent lending practices by loan apps and listed measures for customers to safeguard themselves.

TOP 15 WORST LOAN APPS IN NIGERIA (Avoid 3 and 8 by all means)

Warning Signs To Identifying Fake Loan Apps

  • No verification of previous repayment history
  • Creation of sense of urgency and pressurizes into acting immediately
  • Hidden or undisclosed charges/ fee amounts.
  • Unsecured websites
  • No physical address disclosed by lender

 Safety measures Against Fake Loan Apps

Check for lenders contact information like phone number, email address and physical address.

  • Verify the online reviews by customers given for the lender.
  • Check the professional reviews on trust worthy lenders.
  • Review the app permissions regularly and give access permissions as per the purpose of the app only.


Please follow and like us:

You May Also Like

About the Author: Femi Adeoya

Mr Femi Adeoya is a Chartered Forensic Accountant and a Certified Fraud Examiner. He has over 20 years professional work experience in accounting, finance and business management processes. As an Accounting Software Expert, he has implemented and supervised accounting solution set up of over 50 small and medium businesses in Nigeria. As a passionate blogger, Mr Adeoya is an ardent writer and communicationist. He is the CEO of QUICK LOAN ARENA (, the number 1 loan apps review website in Nigeria. He is very passionate about the quick and instant loan industry in Nigeria and has written over 200 reviews on different loan apps and digital banks in Nigeria, USA, Canada and UK.

Leave a Reply

Your email address will not be published.