Why using bank statements is important for loan decisions
Bank statements have proven to be a solid tool for assessing a borrower’s capacity to take a loan. Sometimes, it may even be a means of assessing their character as well (Interesting right? Stay tuned).
FCCPC regulations for digital lenders
The Federal Competition and Consumer Protection Commission (FCCPC); the regulatory agency responsible for ensuring consumer protection and regulating competition in Nigeria, recently released a Limited Interim Regulatory/Registration Framework for Digital Lending. This regulatory framework is enforceable whilst they work on a more comprehensive framework to guide the operations of digital lenders in Nigeria. The Commission […]
How to set up CRC Credit Bureau for Lendsqr
One of the most critical tools you must have in your arsenal as a lender, is a credit bureau(s). Learn how to set up CRC Credit Bureau for Lendsqr.