Frequently Asked Questions on FCCPC’s new consumer lending regulations
Below are answers to common questions from Lenders, compliance teams, and other stakeholders about FCCPC's DEON CL.
How to comply with FCCPC’s new consumer lending regulations
If you gain any form of benefit from a lending transaction, whether in cash, goods, commissions, or barter, the FCCPC considers you covered under these regulations.
FCCPC’s new consumer lending regulation
This guide breaks down what the new FCCPC regulations mean, who they apply to, and how affected businesses can prepare.
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.
How lenders should prepare for the new credit guarantee era
The following guidance grounded in NCGC’s own structure, principles and announcements explains how banks and fintechs can get ready internally, shape the right loan offerings, align their credit and risk frameworks, educate borrowers, and coordinate across teams for this new guarantee-driven lending ecosystem.
What NCGC will (and won’t) do for Nigerian lenders
So here’s a breakdown of five important things the NCGC will do and just as importantly, five things it won’t.
What is the National Credit Guarantee Company (NCGC)
So when the Federal Government of Nigeria announced the establishment of the National Credit Guarantee Company Limited (NCGC), expectations were naturally high, but so was the skepticism.
Who regulates lending in Namibia?
This article breaks down Namibia’s lending regulatory ecosystem; who’s in charge, what their mandates are, and how the system affects borrowers, lenders, and the broader economy.
Banking as a service explained: All you need to know
Banking as a Service, or BaaS, is what allows businesses that aren’t banks to offer actual banking services to their customers.
How direct debit or debit orders works in Zambia
Direct debit, a payment mechanism allowing automatic recurring deductions from a customer’s account to pay bills or loans....
A cultural view of loan defaults in Rwanda
Any lasting reduction in default rates will depend not only on stricter systems but also on solutions that align with Rwanda’s social norms, communal values, and the realities of how households manage money under varying economic pressures.
