4 reasons why most loan defaulters are fraudsters
It’s time we stop sugarcoating this. Loan defaulters, in many cases, are fraudsters and here’s how they reveal themselves as such.
5 issues that lenders have with Nigerian credit bureaus
Before Nigerian credit bureaus were created, banks operated as lone wolves, reluctant to share credit information with third parties. They also didn’t have ways of knowing if a borrower had unpaid loans with other banks/financial institutions. As such, borrowers could easily secure multiple loans and cart away funds from different institutions without the lenders knowing. […]
Offline lending vs online lending: Pros and Cons
Not to declare one better than the other, but offline and online lending have their benefits and drawbacks.
3 reasons why direct debit hasn’t become a hit in Nigeria
We've championed direct debit as a better solution for loan repayments and recovery. For its efficiency and simplicity.
Why direct debit is the silent hero of loan recovery in Nigeria
Unlike cards, direct debit cuts through the noise, offering a simpler and dependable way to ensure payments are made on time, every time.
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 Bento, NotchHR, and SeamlessHR are using loans to transform HR SaaS
The future of HR SaaS in Nigeria is bright thanks to Bento, SeamlessHR and NotchHR and the industry is on track for explosive growth.
How Lendsqr is using AI to transform its processes
Lendsqr, like many forward-thinking companies, has embraced AI to transform several aspects of our operations. Let's take a closer look at three key areas where AI has made a significant impact
3 ways expense tracking can improve your financial health
Kolo Finance — a personal finance management tool — allows you to combine all your Nigerian bank accounts. With your permission, it can get transaction data from your emails and SMS and put it all together in an understandable manner.
The power of lending APIs
The lending sector is plagued by players reinventing the wheel but Lendsqr's lending APIs aims to break lenders free from this constraint.
3 best React Native alternatives for building mobile loan apps
In the world of mobile app development, there are many ways to skin a cat, and React Native is one of them.
What is loan fraud and red flags to spot fraudulent borrowers
Lending comes with its risks, and adding technology into the mix can make things even trickier. Loan fraud, in particular, has gotten pretty sophisticated, so lenders need to stay alert and watch out for common scams and sneaky tactics.
