5 reasons why debit cards don’t work for loan collections in Ghana
Lender information

5 reasons why debit cards don’t work for loan collections in Ghana

Relying on debit cards for loan repayments in Ghana might just be a fast track to rising defaults and frustrated borrowers. Here’s why debit cards simply don’t work well for loan collections in Ghana.

How to reduce loan defaults in Liberia: Best strategies for lenders
Industry Information

How to reduce loan defaults in Liberia: Best strategies for lenders

When we talk about loan defaults in Liberia, what usually comes to mind is poverty or bad borrowers. But beneath the surface, there are ignored factors that quietly make things worse. In this article, we explored the reasons behind Liberia’s loan default challenge and workable strategies that lenders can use to protect their portfolios while still empowering the people they serve.

How to track and reduce your loan portfolio’s delinquency rate
Lender information

How to track and reduce your loan portfolio’s delinquency rate

The delinquency rate measures the share of loans in your portfolio that are past due. In simple terms, it’s the percentage of loans with missed payments (often defined as 30, 60 or 90 days late).