How the Lendsqr Karma service blocks bad actors and defaulters
Industry Information

How the Lendsqr Karma service blocks bad actors and defaulters

Lending becomes harder when the same bad actors move across platforms, taking loans with no intention to repay. This is where Lendsqr’s Karma service comes in. By checking borrower identities, device patterns, and past behavior across the ecosystem, Karma helps lenders identify defaulters and fraud risks early in the decision process. This article explains how it works and how it helps protect loan portfolios from repeat abuse.

How to get a lending license in Sierra Leone
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How to get a lending license in Sierra Leone

If you operate without a lending license in Sierra Leone, you shall be punishable by a fine not exceeding Le5,000,000, or by imprisonment for a term not exceeding 180 days, or both.  But, that’s not the only reason why you need one, right?  Predatory lending thrives in markets with no regulation. While there may be […]

Does Android still allow lenders to scrap SMS from phones for scoring?
Industry Information

Does Android still allow lenders to scrap SMS from phones for scoring?

The question lenders now ask is simple: does Android still allow loan apps to scrape SMS from users’ phones for credit scoring?