Frequently asked questions on Direct Debit in Nigeria
Industry Information

Frequently asked questions on Direct Debit in Nigeria

Explore questions Nigerians ask most about direct debit. Read more to see what people really want to know: what’s allowed, what’s not, and how to protect your money.

Loan business vs. Lending business: A difference every lender should know
Lender information

Loan business vs. Lending business: A difference every lender should know

One is run as a corporate machine with risk and compliance models, and the other is based on flexibility, personal contact, and sometimes punitive penalties for non-repayment.

Why Nigerians don’t pay their loans
Lending

Why Nigerians don’t pay their loans

The frustration that comes from not being able to recover money because Nigerians don’t pay back their loans isn’t debatable. But, why don’t Nigerians pay back their loans?