Borrowers drown in debt, loan apps battle defaults

Source: Punch Nigeria · 2026-11-07T00:30:59.000Z · Technology

Operators of microfinance banks and digital lending platforms have called for stricter screening of loan applicants and improved sharing of borrowers’ records among lenders to curb rising loan defaults. Read More: https://punchng.com/borrowers-drown-in-debt-loan-apps-battle-defaults/

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