Why direct debit is the silent hero of loan recovery in Nigeria
Unlike cards, direct debit cuts through the noise, offering a simpler and dependable way to ensure payments are made on time, every time.
How to get a lending license in the Philippines
Whether you're a newbie lender with big dreams or an established lender looking to expand, This guide will walk you through the essential steps to obtaining a lending license in the Philippines.
Why GSI fails for borrowers with unpredictable income
Today, we’ll be highlighting three major challenges lenders may encounter when using GSI to recover loans from borrowers with unpredictable income:
Effective strategies to market your loan products
As of 2023, the global lending market was valued at over $7 trillion, with thousands of institutions vying for the attention of borrowers. So, how do you make your loan products stand out in such a full market?
5 reasons why you may need a student loan
Before you hit the panic button, remember that student loans aren't the big, bad wolf they're often portrayed as. In reality, they could be the solution you need.
A state of emergency! Without student loans, Nigeria has no future
Student loans are the bridge between potential and success in many parts of the world. Yet the cost of acquiring education has become increasingly prohibitive for many Nigerian families.
How Lendsqr is using AI to transform its processes
Lendsqr, like many forward-thinking companies, has embraced AI to transform several aspects of our operations. Let's take a closer look at three key areas where AI has made a significant impact
Essential lending APIs for every lender
To keep up with the demand for fast, personalized service, lenders need to speed up their processes and use more data to meet customer expectations. That’s where Application Programming Interface (APIs) comes in.
How some Nigerians get into chronic debt, and how to get out
Let's face it – getting caught in a debt spiral is easier than we'd like to admit. Kiki's story shows how quickly a celebration can turn into a financial nightmare. But here's the good news: there's always a way out, even when things seem hopeless.
3 ways expense tracking can improve your financial health
Kolo Finance — a personal finance management tool — allows you to combine all your Nigerian bank accounts. With your permission, it can get transaction data from your emails and SMS and put it all together in an understandable manner.
How to use Mono with Lendsqr for credit scoring
One of these leading providers, Mono, is a technology company founded in 2020 by CEO Abdulhamid Hassan. They are on a mission to power the digital economy in Africa, using open banking as a layer for financial data, identity data, and bank transfer payments for businesses.
