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 helpfulâitâs non-negotiable. With access to transparent borrower data, lenders are no longer flying blindâthey can effectively sift out high-risk borrowers and reduce default rates, turning chaos […]
Key providers for lenders in Zimbabwe: Credit bureaus, credit scoring, and payments providers
Zimbabweâs lending market is like playing a game of Jengaâstacking loans high and hoping it doesnât all come crashing down. With nominal lending rates that hit a staggering 242% in 2022 (now down to 32.4%), itâs safe to say borrowing here isnât for the faint-hearted. But lenders arenât worried about flashy interest ratesâtheyâve got bigger […]
How do lenders handle failed direct debit attempts?
This article walks through how lenders actually handle failed direct debit attempts in practice. It focuses on what finance and operations teams need to understand, from root causes and notifications to retries, customer communication, dispute handling, and compliance considerations