How the new FCCPC rules will reshape digital lending in Nigeria
Discover key insights from our webinar on the new FCCPC regulations for lenders. Learn how the changes impact lending practices in Nigeria.
Frequently Asked Questions about Lendsqr
A dedicated resource for lenders, fintechs, and digital banks worldwide to understand what Lendsqr is, how it works, and why it matters.
Download the FCCPC Digital Lending Regulations 2025
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has published the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations 2025. If you are in consumer lending, whether as a digital lender, app developer, service provider, or partner, these regulations are not optional. They define exactly how you can operate, the approvals you must get, and […]
Where to get loans in Zambia without collateral
Finding loans in Zambia without collateral can be challenging, but it’s possible with the right lenders. Many financial institutions, fintech platforms, and microfinance providers now offer unsecured personal and business loans, allowing borrowers to access funds without pledging assets. This article explores reliable options, eligibility requirements, and tips for securing a loan safely and efficiently in Zambia.
Starting a loan business in the United Kingdom
If you’re considering starting a loan business in the UK, first you must understand the market you want to play in. Click here for more.
Let’s help you separate sheep from wolves!
We both know that not all customers are the same: some are angels, others are less salubrious; some are good for the money, and others will probably fleece you. How then do you separate the wheat from chaff or the sheep from the wolves? Or how do you even meet regulatory demands of Know Your Customer (KYC) where customers should be tiered based on what you know about them and the documents they have provided to you?
Get bank accounts and statements of your borrowers. Almost free.
Lending is a game of data – if you know as much as possible about your customer, you can make a good decision about whether to give a loan, how much to give, or even for how long to give or not to give. However, getting this data is harder than breaking a coconut with one’s head.
Scaling lending: Leveraging Lendsqr’s loan invite for wider reach
As lenders look to expand their customer base and reach new potential borrowers, Lendsqr's loan invite method has provided an effective way.
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).
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.
Five Tips on How to Become a Lender
The business of money lending in Nigeria is extremely lucrative. Becoming a lender is essentially one of the smartest ways to promote wealth building. With the right knowledge, becoming a lender can be an extremely lucrative business for anyone. This article provides you adequate knowledge on how to become a successful moneylender in Nigeria.
