The hidden costs of cheap lending software
Lender information

The hidden costs of cheap lending software

What many lenders discover later is that “cheap” often means paying the same money in other ways, only with more stress involved.

Are lenders evil for charging high interest rates?
Lending

Are lenders evil for charging high interest rates?

The average lender today typically charges 4% — 10% per month (48% — 120% per year). Whoa. It makes you wonder how they recover loans at these rates. At first glance, it seems outrageous, even exploitative but there’s more to the story when you consider the risks and costs lenders face in Nigeria’s financial landscape.

10 common reasons lenders go cold after demos
Lender information

10 common reasons lenders go cold after demos

Buyers often research for weeks or months before they reach out, and when they do sit through a demo they expect to get value and confidence fast.