MPs question legitimacy of unregulated loan apps

The Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has questioned how money transfer and credit agencies are using people as guarantors for borrowers, with some losing their money without their permission or being consulted. The entities are calling on the Uganda Communications Commission to ensure that it regulates the many emerging online lending applications. #NTVNews #NTVTonight #NTVWeekendEdition Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter   / ntvuganda   Connect with us on Messenger via m.me/NTVUganda Contact us: CustomerCareUg@ug.nationmedia.com