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 way […]

Wonder what types of loans exist? We’ve broken them down for you.
Lending

Wonder what types of loans exist? We’ve broken them down for you.

Now that you’ve decided to start your lending business, the next thing to do is, well, get to know the business! The first thing to learn about is the different types of loans that you can offer. There are many different types of loans so you can tailor your loan products to suit you and […]

What problem is Lendsqr really solving for lenders?
Company

What problem is Lendsqr really solving for lenders?

At Lendsqr, we believe that just like the way the internet created a level playing field and ushered Africa into the modern age, technology for lending should be powerful, accessible, and affordable.