FCCPC regulations for digital lenders
Information

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 […]

A borrower’s right to data privacy is not negotiable
Borrower information

A borrower’s right to data privacy is not negotiable

A borrower’s right to data privacy is not negotiable. Nothing gets your heart racing several miles per minute like the chance that you may not recover your loans, but that fear can never justify invading a borrower’s privacy. Responsible lending means collecting only the data you truly need and nothing more. Borrowers privacy is a fundamental right, and it must never be compromised.

How to know if a lending platform truly fits your business model
Lender information

How to know if a lending platform truly fits your business model

Read on to learn how to test a platform against your business, so the system you choose amplifies your model instead of forcing you to bend to someone else’s.