A young man has alleged that some fintech companies known for giving quick loans operate in an unprofessional manner. The companies, he said, were established to help Nigerians access loans easily considering the procedures involved in getting loans at commercial banks. The young man, who spoke with SaharaReporters on Friday, stated that the companies promise to give quick loans but attach seemingly high interest rates. He said despite the high-interest rate, the customers are hardly given time to pay back the loans and once the repayment period elapses, libellous messages are sent to the family and friends of the loanee. He listed the companies to include: 9Credit, Kashkash, Gocash, Imoney, Lcredit, Xcredits and Fastmo. He said, ”There are unlawful Fintech companies in Nigeria who operate with a devilish modus operandi. ”Their manner of operating is literally devilish and unprofessional in all ramifications. Though the loans are easy to get, they attach extremely high-interest rate to their loan service as high as 40%-60% within a very short period, which I believe is against the Central Bank of Nigeria (CBN) policy. ”But despite these loans, Nigerians obtain loans from them because of the ease but immediately you download their app on your …