Palmcredit
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An online lending app that offers loans but has been criticized for predatory practices and dark patterns.
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One-click debt-trap: How product design fuels predatory lending in Nigerian fintech
TechCabal - Dec 15, 2025
Micheal Orji received a loan he never applied for, leading to harassment from the lender Newcredit. Esther Adewunmi experienced a similar situation with Palmcredit, receiving a loan after declining an application.
NewcreditEasyBuyPalmcreditCentral Bank of Nigeria
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