Senior Pastor of Dunamis International Gospel Centre, Dr. Paul Enenche, has warned Nigerians against the use of online loan applications, describing them as “agents of the devil in covenant with the spirit of debt.”
Speaking during Sunday’s service in Abuja, Pastor Paul Enenche warned against loan apps, lamenting the rising cases of depression and suicide linked to their operations across the country.
“Many people have been deceived by the promise of quick financial relief,” he said.
“But once they fall into the trap, they are subjected to harassment, intimidation, and embarrassment that sometimes push them into depression or even suicide.”
According to him, victims are often overwhelmed with threats, automated calls, and defamatory messages after taking such loans. He added that some platforms even go as far as publishing fake obituaries and slanderous statements to disgrace debtors.
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Enenche urged Christians to resist the temptation of “easy money,” stressing that these loan schemes are destructive.
“These things are demonic covenants with debt, and no child of God should have anything to do with them,” he declared.
The cleric’s warning comes amid growing public outcry over the unethical practices of many online lenders in Nigeria. Once again, Pastor Paul Enenche warns against loan apps, noting that their methods violate privacy rights and inflict emotional damage on unsuspecting Nigerians.