How to restructure loans and work with struggling borrowers
How to

How to restructure loans and work with struggling borrowers

Loan restructuring is a common aspect of being a money lender. Borrowers, with sincere intentions to repay, often face hurdles such as economic shifts, unexpected emergencies, and other unforeseen circumstances. So, here are the ways you can help restructure loans for these borrowers.

Which is better for loan repayments: Cards or Direct Debit?
Lending

Which is better for loan repayments: Cards or Direct Debit?

A lender’s worst nightmare is being unable to recover loans. This fear has a compelling hold on lenders that many have resorted to scare tactics, harassment and misusing borrowers’ data to force repayment. More often than not, adopting these unethical methods of loan recovery exposes the dire need for improvement of the lenders’ system for […]

A borrower’s right to data privacy is not negotiable
Growth marketing

A borrower’s right to data privacy is not negotiable

Take a moment to think about how much effort and resources went into launching your digital lending business and look with optimism on the challenges that may lie ahead; nothing gets your heart racing several miles per minute like the chance that you may not recover your loans right? You worry about why Nigerians don’t pay […]