What are the three C’s of credit and how do lenders actually use them?
Understanding this framework is useful for lenders and equally strategic for borrowers. Knowing how the three C’s are weighed provides insight into what strengthens or weakens an application.
How to get started as a lender in South Africa
Thabo noticed a troubling pattern in his community. People were stuck in a relentless cycle of debt, borrowing from mashonisas (Local name for unregistered lenders) ) at crippling interest rates. Despite their sky-high fees, the residents had little choice. Formal credit options were scarce, and when cash ran low, shady lenders seemed to be the […]
Offline lending vs online lending: pros and cons
Not to declare one better than the other, but offline and online lending have their benefits and drawbacks.