How to comply with FCCPC’s new consumer lending regulations
If you gain any form of benefit from a lending transaction, whether in cash, goods, commissions, or barter, the FCCPC considers you covered under these regulations.
How to get the best out of Mifos? Pair it with Lendsqr
While Mifos excels at managing the back-end ledger and core banking functions, it does not offer a full suite of tools that modern digital lenders require to operate competitively.
Why using bank statements is important for loan decisions
Bank statements have proven to be a solid tool for assessing a borrower’s capacity to take a loan. Sometimes, it may even be a means of assessing their character as well (Interesting right? Stay tuned).