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Borrowers drown in debt, loan apps battle defaults

Borrowers drown in debt, loan apps battle defaults
Image: Punch Newspapers

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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