How manual underwriting still fits into an automated loan process
Across Africa, automation has changed how lenders think about credit. Mobile-first lending apps, USSD-based products, and fully digitized bank loans have brought speed and scale that would have been impossible through paper forms and long committee meetings. A borrower who once had to queue in a branch can now get money in minutes, thanks to […]
What is the Credit Card Act and why was it introduced?
In the years before 2009, credit cards had become one of the most common forms of consumer borrowing in the United States. By 2008, household credit card debt had climbed past $900 billion, according to Federal Reserve data, and card issuers were enjoying some of their most profitable years. The business model was clear: interest […]
How the bad debt expense formula helps lenders track risk
What starts as a basic calculation of bad debt becomes a useful tool to guide decisions across the lending cycle.
Breaking down the 3 R’s of credit and why they still matter
The 3 R’s come in. Returns, Repayment capacity, and Risk-bearing ability shift the focus from merely assessing trustworthiness to examining the business as an investment opportunity.
How to track and reduce your loan portfolio’s delinquency rate
The delinquency rate measures the share of loans in your portfolio that are past due. In simple terms, it’s the percentage of loans with missed payments (often defined as 30, 60 or 90 days late).
Can medical debt affect your credit even if you’ve paid it off?
The hardest part about medical bills is how little control you have over them. They can show up without warning, and once they go to collections, they stay with you.
Medical lending is risky business, unless the software is airtight
The software behind medical lending matters so much. Beyond the speed of disbursing funds, it has to deal with the messy realities of healthcare financing
What is Islamic finance and how is it different from traditional models?
For lenders looking to expand into markets with strong Muslim populations, Islamic finance is an important factor to understand.
Building a pre-approval flow that doesn’t feel like a trap
A good pre-approval experience shows users exactly what they’re getting, why it matters, and how to proceed without surprises.
Frequently Asked Questions on National Credit Guarantee Company (NCGC)
Because the NCGC is still fairly new, many people are asking what it really does, how it works, and why it matters. To clear up some of the confusion, here are answers to some of the most common questions about the NCGC and its role in Nigeria’s credit space.
A cultural view of loan defaults in the Philippines
The cultural bedrock of family and community in the Philippines suggests that, for better or worse, social norms will continue to shape how loans are taken and repaid.
