Lidya vs Evolve Credit vs Lendsqr
After exploring each of these platforms thoroughly, here's how the Lidya vs. Evolve Credit vs. Lendsqr showdown turned out.
Why GSI fails for borrowers with unpredictable income
Today, we’ll be highlighting three major challenges lenders may encounter when using GSI to recover loans from borrowers with unpredictable income:
What is the Credit Guarantee Scheme (CGS)
By covering part of the risk, the Credit Guarantee Scheme makes it easier for banks to offer better loan terms; larger amounts, longer timelines, and lower collateral requirements.
