What is the Credit Guarantee Scheme (CGS)
By covering part of the risk, the Credit Guarantee Scheme makes it easier for banks to offer better loan terms; larger amounts, longer timelines, and lower collateral requirements.
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:
How to report defaults to credit bureaus responsibly
This article explains how to report defaults correctly. It covers checking information, notifying borrowers, handling disputes, and keeping proper internal controls.
