Kwara Student Wins Case Against Predatory Loan App After Legal Intervention

A university student in Kwara State recently secured justice after being harassed by a loan app that disbursed a higher amount than she had applied for. Despite immediately refunding the excess funds, the company insisted she must pay interest and went as far as threatening to shame her online.

The matter was brought to the attention of lawyer and activist Adeyanju Deji, whose law firm promptly intervened by writing to the company. The firm demanded a retraction of the false claim, an end to the harassment, and correction of the company’s records. Following this intervention, the loan app complied.

Adeyanju stressed that the Federal Competition and Consumer Protection Act (FCCPA) 2018 — particularly sections 17(s), 120, and 124—protects Nigerians from such predatory practices, including false claims, harassment, coercion, or digital shaming.

“No loan app is above the law, and Nigerians are not slaves to predatory lenders. If you ever face this, know that the law is on your side,” he said.