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.
11 things you need to start a loan business in Rwanda
You'll need to register your business as a legal entity. But that's only one of 11 things you need to start a loan business in Rwanda.
8 signs a borrower would default
Any lender who plans to run a profitable loan business and not a charity organization must keep a sharp eye out for signs that a borrower might bail on their loan repayments.
A lender’s guide to understanding risk assessment
Effective risk assessment is the foundation of responsible lending. This guide explores how lenders evaluate borrower risk using credit data, financial analysis, behavioral insights, and alternative data to make informed lending decisions, reduce defaults, and build healthier loan portfolios.
7 best things the Central Bank has ever done for digital lending in Nigeria
Nigeria's digital lending industry has grown rapidly, supported by regulatory reforms that promote consumer protection, financial stability, and responsible innovation. This article highlights seven of the Central Bank of Nigeria's most impactful initiatives and examines how they have shaped the country's digital lending ecosystem.
How to use Lendsqr to build your BNPL app
Buy Now, Pay Later (BNPL) has become one of the fastest-growing forms of consumer credit, allowing customers to spread payments while merchants increase sales. Building a successful BNPL app, however, requires much more than a checkout button—it demands robust onboarding, credit decisioning, payment collection, merchant management, and loan servicing capabilities. With Lendsqr, businesses can quickly launch and scale a BNPL solution using ready-made lending infrastructure, configurable workflows, and APIs designed to power modern credit products.
