🧾 Smarter manual customer creation flow
Hello there! 👋 Happy new month and welcome to April! That’s ¼ of the year done, 3 more to go! As we step into the first month of the second quarter, we’re reminded of the promises we made to you when you chose Lendsqr. Our goal is to make lending as seamless, efficient, and impactful […]
Frequently asked questions on credit scores and blacklists
Understanding credit scores and blacklists is essential for anyone seeking loans, credit cards, or financing. This article answers the most common questions people have, from how credit scores are calculated to what being “blacklisted” really means, how long it lasts, and whether you can fix it. Whether you're building credit or trying to recover from past issues, this guide breaks everything down in simple, practical terms.
What to do when you cannot repay your loan on time
Missing a loan repayment deadline can be stressful, but how you respond matters more than the setback itself. The best first step is to contact your lender early, explain your situation, and explore available options such as extensions, restructuring, or revised payment plans. Ignoring the issue can lead to added fees, damaged credit history, or aggressive recovery actions. By acting quickly and communicating honestly, borrowers can often reduce the impact and work toward a manageable solution.
