How automated underwriting systems speed up loan approvals without raising risk
Loan approvals have always depended on how quickly lenders can understand an applicant’s financial story. The work is demanding because the volumes keep rising, the customer expectations get sharper every year, and regulators watch every detail. Many lenders in Africa also operate in markets where data gaps still exist, so there is constant pressure to […]
The possible upsides of making GSI the go-to loan repayment method
The Federal government initiated the Global Standing Instruction (GSI) to nip the issue of non-performing loans and unrepentant loan defaulters in the bud. Unfortunately, the implementation of this very powerful tool has been limited.
Frequently asked questions on loans powered by Remita
This article explains how Remita Direct Debit works, who can use it, its limitations, and how lenders can leverage it to improve repayment consistency.