Tag
XCROSSCASH
Loan apps or digital money lenders, as the companies behind them are known, have become essential in Nigeria's informal economy by offering quick and accessible loans.
Some agents working for loan apps, which include Palmcredit, Easybuy, Xcrosscash, and Newcredit, have shared some sordid tales of how their employers allegedly made them start disbursing loans to people that never applied nor requested loans and would later begin to harass them for repayment with interest.