Top Fake Loan Websites on FCCPC Watch-list By Emmanuel Udom

loans

Recently, the Nigerian Education Loan Fund raised the alarm and warned that students should be cautious of fake websites posturing as its official website.

Reports available online quoted NELFUND as cautioning the students against applying for student loans via fake websites. The warning was made in a statement by Oseyemi Oluwatuyi, the Director of Corporate Communications at the Fund, on Saturday. “The Nigerian Education Loan Fund wishes to reiterate that the ONLY official portal for student loan applications is www.nelf.gov.ng](https://www.nelf.gov.ng “Students and the public are advised to disregard any other links, websites, or messages claiming to offer access to the NELFUND Student Loan Scheme. Any platform other than [www.nelf.gov.ng](https://www.nelf.gov.ng) is unauthorized and should not be trusted. “NELFUND remains committed to ensuring that eligible Nigerian students have access to financial support through a transparent and secure process. For verified updates and official information, always visit [www.nelf.gov.ng](https://www.nelf.gov.ng) or follow our verified social media handles,” the statement read.

Meanwhile, PRNigeria.com, in one of its many reports has listed over seven online loan portals, offering services persons, students and non-students inclusive. The Federal Competition and Consumer Protection Commission, FCCPC, quoted by PRNigeria named the the allege fake loan portals as: GoCash, OKASH, Easycredit, Kaskkash, SpeedyChioce, Easymoney, and Sokloloan. According to the publication sighted by politiogazette.com, the federal government in 2024 ordered that Google and Apple should assist the Nigerian government in shutting down these fake borrowing portals.

Leave a Reply

Your email address will not be published. Required fields are marked *