Senior Pastor of Dunamis International Gospel Centre, Dr. Paul Enenche, has warned Nigerians against patronising online loan apps, describing them as “agents of the devil in covenant with the spirit of debt.”
Speaking during Sunday’s service in Abuja, Enenche expressed concern over the rising cases of depression and suicide linked to the operations of loan platforms across the country.
“Many people have been deceived by the promise of quick financial relief.
“But once they fall into the trap, they are subjected to harassment, intimidation, and embarrassment that sometimes push them into depression or even suicide,” he said.
He noted that borrowers are often overwhelmed with threats, constant calls, and messages from lenders. “Some of these platforms even go as far as publishing defamatory statements and fake obituaries online to disgrace debtors,” he added.
Enenche urged Christians to resist the temptation of easy money, warning that such financial shortcuts were spiritually destructive. “These things are demonic covenants with debt, and no child of God should have anything to do with them,” he declared.
His comments come amid mounting public criticism of online loan providers in Nigeria, many of whom have faced accusations of privacy breaches and extreme debt recovery practices.
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