Common mistakes lenders make when choosing a business model
The secret weapon of any thriving lending business is a smart business model. Unfortunately, lenders make mistakes when choosing one.
4 ways in which Lendsqr wants to use AI for lenders
Artificial intelligence is transforming how lenders evaluate risk, automate operations, and serve borrowers. This article explores four ways Lendsqr is leveraging AI to help lenders improve credit decisions, streamline workflows, reduce manual effort, and deliver faster, more personalized lending experiences.
5 things about the Nigerian Collateral Registry
The Nigerian Collateral Registry plays a key role in expanding access to credit by enabling lenders to register and verify security interests in movable assets. This article highlights five important facts about the registry, how it works, and why it matters for lenders, borrowers, and the broader financial ecosystem.
6 features in your loan app that chase borrowers away
A poorly designed loan app can discourage borrowers long before they complete an application. This article explores six common features and user experience issues that drive users away, and explains how lenders can create faster, simpler, and more trustworthy digital borrowing experiences.
What is debt forgiveness and how does it work?
Learn what debt forgiveness is, how it works, and what it means for borrowers and lenders navigating repayment challenges. This guide explores the different approaches to debt forgiveness, the situations where it may apply, and the factors to consider before choosing this option. Whether you’re struggling with existing debt or looking to better understand debt relief solutions, this article will help you understand how debt forgiveness works and what to expect throughout the process.
The punishments and disadvantages of having a bad credit score
A bad credit score can affect more than your ability to borrow money. It can lead to higher interest rates, loan rejections, stricter lending terms, and fewer financial opportunities. This guide explains the consequences of poor credit, why credit scores matter, and practical steps you can take to improve your financial standing and regain lenders' trust.
What to consider when setting up a payday loan software
When setting up payday loan software, choosing the right features and infrastructure can make all the difference. This guide explores the key factors to consider, from loan automation and compliance to underwriting, repayments, and borrower experience. Whether you're launching a new payday lending business or upgrading your existing operations, this article will help you choose software that supports efficient, responsible lending.
The 3 best Google ads alternatives for promoting loan apps
In this article, we’ll list some of the best alternatives to Google Ads, explain what they offer, and show you how to use them to boost your lending business.
VeendHQ Vs. Lendsqr: Which loan management software is right for you?
The difference between a flourishing lender and one that’s struggling to stay afloat is often evident in one critical factor: the lender’s technology or, in this case, the lender’s loan management software (LMS). VeendHQ and Lendsqr boasts of excellent features and benefits. But which one truly stands out?
Requirements for publishing Nigerian loan apps on Apple App Store
There are several good reasons for a digital lender to have a loan app, with one of the key ones being the ability to scale and attract a large customer base. So, the big question is: where’s the best place to launch your loan app to reach the most users?
All you need to know about the new student loan law
For many Nigerian students today, their dreams are stifled by financial barriers. Learn how the new student loan helps to change that.
