Frequently Asked Questions on Credit Reporting
Here are some of the most frequently asked questions about credit reporting that lenders or prospective lenders (especially in Africa) should keep in mind.
Frequently Asked Questions on Global Standing Instruction (GSI)
This article explains how GSI works in Nigeria, why it matters, and what lenders should know before building or offering credit products under GSI.
How to start a lending business in Nigeria
This guide walks through the practical steps you need to take to start a lending business in Nigeria.
Why consistent credit reporting builds lender credibility
In this article, we examine how consistent credit reporting enhances lender credibility, explore the specific benefits for both fintech and traditional lenders, and outline how institutions can implement reporting practices that deliver measurable results.
How to train field agents for compliant debt recovery
This article breaks down how lenders can build a structured, modern training framework that supports compliant and effective debt recovery.
Why speed matters in credit approvals
This article looks closely at why speed matters, where lenders typically lose time, and how fast approvals can improve portfolio outcomes.
How to know your business is ready to offer credit products
This article breaks down the signals that show your business is ready to offer credit. It also highlights the risks and the opportunities that come with extending credit to customers
How to know your fintech is ready to embed lending as a service
Understanding when your fintech is ready to embed lending requires examining your technology, operational capacity, partnerships, and compliance readiness.
The risks and rewards of offering BNPL as a lender
Buy Now Pay Later has become one of the fastest-growing credit products, and lenders everywhere understand why.
When to adopt a collection system and when manual follow-up works better
The decision to move from manual follow up to an automated collection system depends on a mix of volume, customer segments, and the type of engagement the lender wants to maintain.
How debit order or direct debit works in Ghana
This article provides an in-depth look at Ghana’s direct debit system, covering its regulatory framework, operational mechanics, market participants, adoption trends, payment infrastructure, challenges, and future developments.
