How to assess loan applications for individual borrowers
While lending is globally known to be very profitable, after all even in the bad economy of Nigeria, banks routinely deliver superlative returns, the thoughts of Non Performing Loans (NPL) ratios would make any lender worry. The reputation of Nigerians not paying back their loans poses a red flag and emphasizes the need to develop […]
7 reasons why most lenders fail within a year
Even the tech industry giants owe much of their success to the backing of lenders and bankers. However, despite its potential for high returns, many lenders still face challenges and fail.
Offline lending vs online lending: Pros and Cons
Not to declare one better than the other, but offline and online lending have their benefits and drawbacks.