FCCPC regulations for digital lenders
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FCCPC regulations for digital lenders

The Federal Competition and Consumer Protection Commission (FCCPC); the regulatory agency responsible for ensuring consumer protection and regulating competition in Nigeria, recently released a Limited Interim Regulatory/Registration Framework for Digital Lending. This regulatory framework is enforceable whilst they work on a more comprehensive framework to guide the operations of digital lenders in Nigeria. The Commission […]

Why lenders check credit reports and what they really look for
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Why lenders check credit reports and what they really look for

Credit reports sit quietly in the background of lending, yet they influence almost every decision a lender makes.

7 reasons why your loan business struggles to attract borrowers
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7 reasons why your loan business struggles to attract borrowers

So, you've kicked off your loan business. Now, you’re expecting a surge of customers. Despite your best efforts, the expected influx of customers hasn't materialized. Find out the possible reasons for low borrower numbers in your loan business.