A deep overview of consumer credit in Tanzania
This report reviews (year-by-year) the data (2019–2024) on formal credit flows, borrower profiles and defaults, and consumer lending trends
Why Nigerian banks will never win the consumer credit game
Nigerian banks have never been equipped to win the consumer credit game. Their rigid lending practices, heavy collateral requirements, and deep-rooted aversion to retail risk keep everyday borrowers locked out. Fintechs are filling the gap with faster, more flexible solutions, while banks remain stuck in outdated models. Now that we know how important consumer credit is and why it matters, why are banks so ill-qualified to solve the problem?
Lendsqr vs Evolve Credit: Which loan management software is right for you?
Due to the abundance of available choices, selecting the right loan management platform, be it Evolve Credit or Lendsqr, requires careful consideration.
