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Low-Income Nigerians Preferring Payday Lenders Over Banks

Low-Income Nigerians Preferring Payday Lenders Over Banks

Nigeria’s banking system has failed in offering adequate financial services to its people creating demand for high-interest micro-lending platforms. Back in August 2017, Henry Apama-Aka discovered a lending platform known as Paylater which didn’t require any paperwork. The 27-year old… Continue Reading

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Rip-off Car Loans Leaving Borrowers Owing More Than the Car’s Worth

Rip-off Car Loans Leaving Borrowers Owing More Than the Car’s Worth

The FCA is investigating personal contract purchases (PCPs) following soaring complaints which prove that some car finance players are engaging in unfair practices. Complicated car loans offered to unsuspecting customers by pushy salesmen are leaving thousands with deals they can’t… Continue Reading