What are payday loans and how to make the best of them?
Lending

What are payday loans and how to make the best of them?

When emergencies strike and funds are needed, it is often difficult to know where to turn. As a Nigerian, it can be quite difficult to save for rainy days, as every day is well…quite rainy. This means that at the same time, family and friends may not be able to help you out of such […]

How to assess the risks to a loan application
Lending

How to assess the risks to a loan application

Assessing/evaluating a loan application is all about weighing the risk to your money. The more you can reduce or eliminate that risk, the better. It all boils down to your confidence in the applicant’s credit worthiness. Assessing a loan application is the process by which you determine if an applicant qualifies for your loan, and […]

A guide to promoting your lending business using digital channels
Growth marketing

A guide to promoting your lending business using digital channels

What is lending really about? In its most general sense, lending is a business that allows for temporary giving of money to another person known as a borrower with the expectation that it will be repaid with interest. What a simple concept! The lender is paid interest on the loan as a cost of the […]