APIs for lenders to reduce NPL
Information

APIs for lenders to reduce NPL

The threat that bad loans pose to lenders can’t be overemphasized. A lot of lenders have had to write off an alarming amount of non-performing loans (NPL). As a lender, a big concern you’re often confronted with is ā€œwhat if they don’t pay back?ā€ It’s imperative to be able to recover your loans. This is […]

Are lenders evil for charging high interest rates?
Lending

Are lenders evil for charging high interest rates?

The average lender today would typically charge 4% — 10% per month (48% — 120% per year) on a loan. Whoa. Does it make you wonder how they are able to recover loans with these rates? What probably immediately comes to mind is how crazy and horrible these rates are and that there is no […]

Who regulates lending in Namibia?
Borrower information

Who regulates lending in Namibia?

This article breaks down Namibia’s lending regulatory ecosystem; who’s in charge, what their mandates are, and how the system affects borrowers, lenders, and the broader economy.