Importance of credit scoring for loan decisions
Lending

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 […]

Common mistakes lenders make when choosing a business model
Information

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.

The punishments and disadvantages of having a bad credit score
FAQs

The punishments and disadvantages of having a bad credit score

A bad credit score could be a hidden burden, making it harder to get the things you need financially and leading to unexpected problems.