Season of Shylock lenders: Micro-loan companies launch attacks on borrowers’ reputation to recover debts as more cash-trapped Nigerians take advantage of lending firms

 
Season of Shylock lenders: Micro-loan companies launch attacks on borrowers’ reputation to recover debts as more cash-trapped Nigerians take advantage of lending firms


Faced with cash crunch and hard times, many Nigerians now resort to borrowing money from micro-loan companies that resort to damaging the reputation of loan defaulters to recover debts, LESI NWISAGBO writes Joshua Madubuike was going through a rough financial patch that most adults living in Nigeria could  relate with. He needed money urgently to…





Source: Season of Shylock lenders: Micro-loan companies launch attacks on borrowers’ reputation to recover debts as more cash-trapped Nigerians take advantage of lending firms
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