How to comply with FCCPC’s new consumer lending regulations
Industry Information

How to comply with FCCPC’s new consumer lending regulations

If you gain any form of benefit from a lending transaction, whether in cash, goods, commissions, or barter, the FCCPC considers you covered under these regulations.

Frequently asked questions on direct debit setup and authorization
Industry Information

Frequently asked questions on direct debit setup and authorization

Direct debit setup and authorization can be confusing for both lenders and borrowers, especially when it involves mandates, bank approvals, repayment schedules, failed debits, and consent requirements. This article answers some of the most common questions about direct debit systems, explaining how authorization works, how mandates are created and managed, what causes debit failures, and the best practices lenders should follow to ensure compliant and reliable repayment collections.

Best KYC providers for lenders in East Africa
Industry Information

Best KYC providers for lenders in East Africa

To stay secure and competitive, lenders across Kenya, Uganda, Tanzania, and Rwanda need reliable KYC solutions tailored to the region’s unique dynamics.