Key providers you need as a lender in Sierra Leone: Credit reporting agencies and more
Lender information

Key providers you need as a lender in Sierra Leone: Credit reporting agencies and more

If you think you have trust issues, try being a lender in Sierra Leone. It’s a constant battle to separate fact from fiction, and every loan feels like a gamble. In the second quarter of 2024, Sierra Leone’s NPL rate fell to 7.5%, a significant drop from 12.1% in 2023. Great news, right? But let’s […]

Frequently Asked Questions on FCCPC’s new consumer lending regulations
Industry Information

Frequently Asked Questions on FCCPC’s new consumer lending regulations

Below are answers to common questions from Lenders, compliance teams, and other stakeholders about FCCPC's DEON CL.

Why modern lenders need fair debt collection strategies
Growth marketing

Why modern lenders need fair debt collection strategies

Debt collection has become one of the most sensitive parts of lending. Borrowers are more informed than ever, regulators in Africa and around the world continue to tighten expectations, and credit markets rely heavily on trust. Recovery still matters for the bottom line, but the way lenders go about it matters even more. A fair, […]