What is the Credit Card Act and why was it introduced?
In the years before 2009, credit cards had become one of the most common forms of consumer borrowing in the United States. By 2008, household credit card debt had climbed past $900 billion, according to Federal Reserve data, and card issuers were enjoying some of their most profitable years. The business model was clear: interest […]
The hidden cost of running multiple disjointed platforms
Every naira, pound, rand, or dollar spent on technology in lending should make loan processing, collections, and decision-making better.
All you need to know about alternative credit scoring
By moving beyond traditional credit reports, lenders can tap into new data sources to get a fuller, fairer picture of a borrower’s financial health.
