When silence speaks volume: communicating with defaulters 101
For small and medium lenders, communicating with defaulters is like walking a tightrope. Do it well; you might salvage the relationship and recover your money. Handle it poorly, and you risk losing not just your funds but also your reputation.
What repayment methods are available for lenders to get paid?
Ensuring that loans get repaid can be a real headache for lenders, and the stakes are high. Whether you’re looking for the steady reliability or quick turnarounds, each method provides a different way to manage and secure loan repayments.
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.
Embed BNPL into your platform without becoming a lender
It’s frustrating to know you could make the sale if only your customers had more payment options. This is where Buy Now, Pay Later (BNPL) comes in.
Are you still chasing payments? Direct debit can turn your loan collections around
Why endure the headache of chasing payments when direct debit can do the hard work for you?
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.
How to start a lending business in Nigeria from Canada, UK, and the US
So, if you’re serious about starting a lending business in Nigeria from the comfort of your Japa base, you’re in the right place. We’ve laid out the steps you need to turn that vision into reality.
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.
Effective strategies to market your loan products
As of 2023, the global lending market was valued at over $7 trillion, with thousands of institutions vying for the attention of borrowers. So, how do you make your loan products stand out in such a full market?