FCCPC’s chief executive officer, Babatunde Irukera, in an interview on Arise TV, said that digital lenders who are ethical are welcome to do business in the country while those that engage in harassment and defamation of consumers will be dealt with promptly.
“Our concern is if these lenders we’ve approved are still doing it (harassing customers), even if they do it just for once, we will permanently delete them from the Google Play Store.
“As we discover them, we go after them. There are things they can do wrong where they will be given a second chance but with respect to harassing consumers or defamatory messages, there will not be a second chance
“Most of the people who are failing to pay back these loans are chronic borrowers.”
