What to consider when setting up a payday loan software
Payday loans are short-term loans that help borrowers bridge the gap between paychecks. Essentially, a Payday loan is any loan thatâs tied to a salary date. Now, letâs take a look at some things to consider when setting up payday loan software
Why Nigerian banks will never win the consumer credit game
Nigerian banks have never been equipped to win the consumer credit game. Their rigid lending practices, heavy collateral requirements, and deep-rooted aversion to retail risk keep everyday borrowers locked out. Fintechs are filling the gap with faster, more flexible solutions, while banks remain stuck in outdated models. Now that we know how important consumer credit is and why it matters, why are banks so ill-qualified to solve the problem?
How to utilize configurable loan forms for your lending business
Learn more about Lendsqr's configurable loan forms today!
