Importance of credit scoring for loan decisions
Lending

Importance of credit scoring for loan decisions

Credit scoring has revolutionized the financial landscape by replacing gut feeling with data-driven precision. By analyzing a borrower’s financial history lenders can accurately predict risk in seconds. This systemic approach doesn't just protect financial institutions from defaults; it democratizes access to capital, allowing for faster processing times and more competitive interest rates for reliable borrowers. In short, the credit score is the gatekeeper of financial opportunity.

Lendsqr launches offline lending to help lenders in South Africa go digital without internet barriers
Press Release

Lendsqr launches offline lending to help lenders in South Africa go digital without internet barriers

Lendsqr is breaking down connectivity barriers in South Africa with its new offline lending feature. Lenders can now process loans and manage customers without a constant internet connection, ensuring financial inclusion never stops.

A deep overview of consumer credit in Kenya
Industry Information

A deep overview of consumer credit in Kenya

Whether you’re a driver juggling M-Shwari and Fuliza, a kiosk owner weighing whether to borrow from your chama or a loan app, or a policymaker trying to keep up with the pace of lending, this report is for you.