5 key qualities borrowers look for in a lender
While countless articles detail what lenders want in a borrower, we've flipped the script to highlight what borrowers look for in a lender. So, what qualities convince a borrower that a lender is the right choice?
Finance house vs. Microfinance: An overview of digital lending license
To operate a lending business in Nigeria, you must get a license. Figuring out which license suits your needs can be tricky. So, it's necessary to understand what each license allows and doesn't allow.
How to use Monnify with Lendsqr for loan repayments
What distinguishes Monnify from other payment service providers is its dedicated support for merchants within Nigeria
What is debt forgiveness and how does it work?
If you reside in a country where debt forgiveness programs exist and are struggling to cover debt payments or feel like you’ll never be able to pay everything off, you might consider debt forgiveness an option.
What is rent reporting and why is it important in Nigeria?
Many people who don’t have much credit history do have a history of paying rent on time. But that information doesn't show up on their credit reports or help their credit scores. However, with rent reporting, everything changes.
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 that’s tied to a salary date. Now, let’s take a look at some things to consider when setting up payday loan software
How to secure a loan without collateral
All over the world, loans are frequently tied to the risk of losing personal items, known as collateral. However, what isn’t commonly known is that not all loans require collateral. While this benefits borrowers, it raises the question: how do lenders handle such risky loans?
Essential loan pricing strategies for every lender
Loan pricing is deciding how much interest to charge on a loan. In this article, we'll look at some factors influencing loan pricing and discuss different strategies for setting loan prices.
The 3 best Google ads alternatives for promoting loan apps
In this article, we’ll list some of the best alternatives to Google Ads, explain what they offer, and show you how to use them to boost your lending business.
SnapCash, Irorun and other apps for 50,000 naira in Nigeria
From as little as 2,000 naira to as much as 50,000 naira, the goal remains the same: to address immediate emergencies.
All you need to set up a student loan software
In most advanced countries, student loans are the norm, allowing almost everyone to attend university. Sadly, that’s yet to be the case in Nigeria.
