Keep your platform secure and chase away bad actors
Keep Your Platform Secure and Chase Away Bad Actors
How the Lendsqr Karma service blocks bad actors and defaulters
The greatest weapon of most unrepentant serial loan defaulters is the “lack of updated information”. Bad actors know that lenders don’t share information amongst themselves so often. With an opportunity laid out for them, they take advantage by going from one lender to another causing great financial distress. This unfortunate circumstance is uncommon with any […]
Everything’s getting better this September
A happy new month to our excellent lenders! We hope last month was filled with good surprises and that September’s surprises will be even better. In the last month, we’ve worked tirelessly to bring you some really great features that we know will make your lending experience much better. Keep reading to know more about […]
Importance of credit scoring for loan decisions
“What if they don’t pay back?” If we had to compile a list of questions frequently asked by lenders, this would probably be top of the list. It’s the biggest and most terrifying question a lender is faced with when assessing a loan application.Lenders in Nigeria are constantly forced to confront the reality that Nigerians don’t […]
Device finance in Nigeria: A case for BNPL
The business of today is no longer a physical place. It’s now conducted in millions and billions of devices all over the world. Even more interesting is the fact that, in Nigeria, lots of software developers, creatives, etc. are able to work for companies abroad from the comfort of their homes with their smart devices. […]