How to get a lending license in India
The Reserve Bank of India (RBI) has firm compliance requirements, and skipping any step can lead to serious consequences. This guide will walk you through the entire process
7 effective debt collection practices and legal considerations
When you choose effective debt collection practices, treat debtors with respect and adhere to the law, you're more likely to collect what you're owed.
Ethical ways to recover loans
Recovering loans ethically is one of the toughest challenges Nigerian lenders face. Contrary to common assumptions, the biggest obstacle isn’t funding, technology, or regulation, it’s the alarming reality that many Nigerians simply don’t pay back their loans. While financial hardship plays a part, a significant number of borrowers are willfully reluctant to repay. This article explores ethical, effective strategies lenders can use to recover loans without resorting to harassment or illegal practices.


