Frequently asked questions on direct debit mandates for loan repayment
Industry Information

Frequently asked questions on direct debit mandates for loan repayment

Direct debit mandates have become a common tool for loan repayment, helping lenders automate collections and reduce missed payments. But for many borrowers and even lenders, questions still arise around how these mandates work, what consent really means, and how disputes or cancellations are handled. From setup and authorization to compliance and customer protection, understanding the key aspects of direct debit is essential for building a smooth, transparent, and trustworthy repayment process.

Effective loan collections for lenders in South Africa
Lender information

Effective loan collections for lenders in South Africa

This article breaks down what effective loan collection looks like in the South African context, what’s holding lenders back, and how to improve results without increasing risk.

10 questions you forgot to ask during your demo
Lender information

10 questions you forgot to ask during your demo

Here are ten questions you probably forgot to ask during your demo with Lendsqr (but really should).