What to do when you cannot repay your loan on time 
Borrower information

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.

How open banking affect credit bureaus in Nigeria
Industry Information

How open banking affect credit bureaus in Nigeria

This article breaks down how open banking is already influencing credit bureaus in Nigeria, what lenders are seeing today, and how the relationship between open banking and credit reporting is likely to evolve in the near future.

Who regulates lending in the Philippines
Industry Information

Who regulates lending in the Philippines

Understanding who regulates lending in the Philippines helps to know who sets the rules in a system that affects households, entrepreneurs, and communities every day.