How to start lending in Namibia
How to

How to start lending in Namibia

If you’re thinking about starting a cash loan business in Namibia, here are the steps to take...

VeendHQ Vs. Lendsqr: Which loan management software is right for you?
Company

VeendHQ Vs. Lendsqr: Which loan management software is right for you?

The difference between a flourishing lender and one that’s struggling to stay afloat is often evident in one critical factor: the lender’s technology or, in this case, the lender’s loan management software (LMS). VeendHQ and Lendsqr boasts of excellent features and benefits. But which one truly stands out?

Are lenders evil for charging high interest rates?
Lending

Are lenders evil for charging high interest rates?

The average lender today typically charges 4% — 10% per month (48% — 120% per year). Whoa. It makes you wonder how they recover loans at these rates. At first glance, it seems outrageous, even exploitative but there’s more to the story when you consider the risks and costs lenders face in Nigeria’s financial landscape.