How some Nigerians get into chronic debt, and how to get out
Borrower information

How some Nigerians get into chronic debt, and how to get out

Let's face it – getting caught in a debt spiral is easier than we'd like to admit. Kiki's story shows how quickly a celebration can turn into a financial nightmare. But here's the good news: there's always a way out, even when things seem hopeless.

Why your loan default rate is high and five data points you’re ignoring
Industry Information

Why your loan default rate is high and five data points you’re ignoring

Many lenders blame late payments on ā€œbad borrowers,ā€ but the real problem is often hidden in the data they overlook. This article explains why your default rate is higher than it should be and highlights five powerful data points, often ignored by lenders that can dramatically improve underwriting accuracy, borrower monitoring, and repayment performance.

How to prep your ops team for a smooth onboarding
Growth marketing

How to prep your ops team for a smooth onboarding

When you’ve just finished a Lendsqr demo and decided that our platform could work for your lending operations, the next question is usually what happens after.