Should I lend to this customer? A guide to risk assessment
Information

Should I lend to this customer? A guide to risk assessment

For any lending business to be profitable, a lender must be assured of recovering their loan. Here are a few practical guides on how to determine if you should lend to a borrower or not.

How to get your SMS sender ID as a lender in Nigeria
How to

How to get your SMS sender ID as a lender in Nigeria

Nigeria's population of over 220 million people represents a massive potential customer base for businesses, particularly in the financial sector. Mobile penetration rates have reached 87% with 172 million mobile subscribers. This is why lenders must capitalize on SMS because it guarantees broad access to customers.

You can now recover your Lendsqr account

You can now recover your Lendsqr account

We have introduced a seamless process for account recovery, even if you've lost access to your two-factor authentication (2FA) devices.  Now, when activating 2FA, you'll generate recovery codes to ensure access in case of emergencies.