Credit bureaus, credit scoring, and payments providers for lenders in Ghana
Credit bureaus are the gatekeepers of reliable data, and in a place like Ghana, where non-performing loans (NPLs) hover around 24.3% according to CEIC data, data accuracy isn’t just helpfulāitās non-negotiable. With access to transparent borrower data, lenders are no longer flying blindāthey can effectively sift out high-risk borrowers and reduce default rates, turning chaos […]
What NCGC will (and wonāt) do for Nigerian lenders
So hereās a breakdown of five important things the NCGC will do and just as importantly, five things it wonāt.
What to consider when setting up a payday loan software
Payday loans are short-term loans that help borrowers bridge the gap between paychecks. Essentially, a Payday loan is any loan thatās tied to a salary date. Now, letās take a look at some things to consider when setting up payday loan software
