International records / Internet Archive

Digital Lending Harassment in Nigeria: Mental Health Consequences and the Evolution, Implementation, and Limitations of Regulatory Responses — A Narrative Review

Digital lending applications have expanded rapidly in Nigeria, providing accessible and largely collateral-free credit to consumers through mobile and digital platforms. Alongside this growth, concerns have emerged regarding abusive debt-recovery practices used by some digital lenders when borrowers default. Reported practices include contacting or messaging borrowers' friends, family members, colleagues and other phone contacts without appropriate authorization; disclosure of borrowers' debts to third parties; public shaming; defamatory or threatening messages; repeated and intimidating commu…