Lenders often face the dual challenge of extending credit to eligible borrowers while minimizing risks to their financial resources. Among the indispensable resources at your disposal for achieving this objective are Credit Bureaus.
Acting as a central repository for credit data, credit bureaus collect and evaluate borrowers’ financial information, such as previous loan activities, repayment performance, and current debt status, to generate what is known as a credit report.
Fortunately, Lendsqr is fully integrated with the key credit bureaus across Africa — CRC, CreditRegistry, TransUnion, and FirstCentral, and you can get access to millions of data to help you make smarter credit decisions in a matter of minutes. Let’s get started, shall we?
Navigate to the “Decision Models” tab under the “Product Management” tab.
Configure CreditRegistry as your credit decision module on your decision model or edit the default Lendsqr decision model.
Start lending with confidence today
Ta-da! Now, you can review borrowers’ loan requests with data straight from CreditRegistry. No more relying solely on gut feelings or incomplete information. By linking CreditRegistry Credit Bureau to your Lendsqr platform, you can access dependable credit insights for smarter lending choices. Drop us a line at growth@lendsqr.com, and we’ll get you up and running in no time!
If you’re a non-profit or development finance institution (DFI), it should be easier to run a lending program if you're already doing the hard part of reaching people most others won’t.
So what is Lendsqr, and how does it work? What makes Lendsqr the go-to platform for lending? Explore its key features and how they can help you build a thriving loan business.
The end-to-end loan management software that’s rewriting the rules for lenders globally by offering enterprise-grade features without the enterprise-grade costs.
