Reduce abandoned loan offers by 50% with fewer surprises

Reduce abandoned loan offers by 50% with fewer surprises

Hello 👋, Happy new month and welcome to December! We’ve finally made it to the last month of 2024—what a journey it has been! Time truly does fly, and it’s a gentle reminder that we should make the most of every moment. As the author Harvey MacKay once said, “Time is free, but it’s priceless. […]

FCCPC regulations for digital lenders
Information

FCCPC regulations for digital lenders

As digital lending continues to grow in Nigeria, regulatory oversight has become increasingly important to protect borrowers and ensure fair practices. The Federal Competition and Consumer Protection Commission (FCCPC) plays a key role in setting guidelines that digital lenders must follow, from registration requirements to ethical debt collection and data usage standards. Understanding these regulations is essential for lenders looking to operate responsibly and sustainably, while also building trust in a rapidly evolving credit ecosystem.

Frequently Asked Questions on FCCPC’s new consumer lending regulations
Industry Information

Frequently Asked Questions on FCCPC’s new consumer lending regulations

Below are answers to common questions from Lenders, compliance teams, and other stakeholders about FCCPC's DEON CL.