FCCPC expresses concern as loan apps continue to violate its regulation

FCCPC expresses concern as loan apps continue to violate its regulation

The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern about what it sees as an increase in digital lenders, often known as loan applications, breaking its Limited Interim Regulatory/Registration Framework and Guidelines. The Commission in a statement signed by its Acting Executive Vice Chairman/ Chief Executive Officer, Dr. Adamu Abdullahi, said the infractions…

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