How lenders decide whether to approve your loan
Industry Information

How lenders decide whether to approve your loan

Loan approval decisions are rarely based on a single factor. Lenders typically assess a combination of income, repayment history, existing debt, credit behavior, and the level of risk a borrower presents. Some may also consider employment stability, cash flow patterns, or alternative data depending on the product and market. Understanding how these decisions are made can help borrowers prepare stronger applications, while giving lenders a clearer framework for making fair and responsible credit choices.

A cultural view of loan defaults in Malawi
How to

A cultural view of loan defaults in Malawi

Executive Summary Between 2019 and 2024, Malawi has seen both a rapid expansion in personal lending and a growing struggle with defaults. While commercial banks, microfinance institutions (MFIs), savings and credit cooperatives (SACCOs), village savings and loan associations (VSLAs), and new digital lenders have opened up access to credit, many Malawians still find it difficult […]

Urgent10k: Meeting the emergency cash needs of Nigerians
Lender case study

Urgent10k: Meeting the emergency cash needs of Nigerians

Nigeria’s untapped consumer credit needs currently stands at about N109 trillion. Urgent10k is meeting the emergency cash needs of Nigerians