Lendsqr and HyperVerge partner to thwart loan fraudsters in Africa
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Lendsqr and HyperVerge partner to thwart loan fraudsters in Africa

At least 6% of loan applications to digital lenders contain identity fraud. Since the advent of digital lending, the time it takes to get loans has reduced from days to sometimes seconds. Unfortunately, it has also made it easier for fraudsters to use stolen identities to take loans. This has given rise to the use […]

7 best things the Central Bank has ever done for digital lending in Nigeria
Industry Information

7 best things the Central Bank has ever done for digital lending in Nigeria

The CBN has laid a strong foundation, but its work is far from over.

How to assess loan applications for individual borrowers  
How to

How to assess loan applications for individual borrowers  

While lending is globally known to be very profitable, after all even in the bad economy of Nigeria, banks routinely deliver superlative returns, the thoughts of Non Performing Loans (NPL) ratios would make any lender worry. The reputation of Nigerians not paying back their loans poses a red flag and emphasizes the need to develop […]