DIGITAL LENDING: FCCPC TACKLES ABUSES, ISSUES LANDMARK REGULATIONS
Wednesday, September 3, 2025: The Federal Competition and Consumer Protection Commission (FCCPC) has officially issued the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations (DEON Consumer Lending Regulation), 2025, to address longstanding consumer complaints and a variety of issues. These include exploitative practices, data privacy violations, abusive loan recovery tactics, harassment, and anti-competitive behaviour by certain […]
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