Wonder what types of loans exist? We’ve broken them down for you.
Lending

Wonder what types of loans exist? We’ve broken them down for you.

Now that you’ve decided to start your lending business, the next thing to do is, well, get to know the business! The first thing to learn about is the different types of loans that you can offer. There are many different types of loans so you can tailor your loan products to suit you and […]

Five Reasons Why You Should Embrace the “Sharing Economy” Today
Growth marketing

Five Reasons Why You Should Embrace the “Sharing Economy” Today

You may have heard countless times, the phrase “sharing economy.” It’s basically an umbrella term coined to describe social and economic activity of the new age. It is an economic system in which assets or services are shared between private individuals, either free or for a fee, typically by means of the Internet. As a […]

Why Credit Scoring is Important to Lending
Lending

Why Credit Scoring is Important to Lending

A big determinant in whether you decide to lend a borrower money or not is the confidence you have in the borrower’s ability and willingness to pay you back your money. We have mentioned before that their ability and willingness to return your money are two very different things. Just because someone has the means to pay their debts doesn’t mean […]

The Know-how of Financial Lending
Lending

The Know-how of Financial Lending

In a country like Nigeria, the quest for knowledge on financial literacy is growing. It is the hold of this knowledge, from understanding basic financial concepts, that allows individuals to make informed and effective financial decisions. It’s quite agreeable that people with better financial literacy training make better financial decisions. As the title of this […]

How to assess the risks to a loan application
Lending

How to assess the risks to a loan application

Assessing/evaluating a loan application is all about weighing the risk to your money. The more you can reduce or eliminate that risk, the better. It all boils down to your confidence in the applicant’s credit worthiness. Assessing a loan application is the process by which you determine if an applicant qualifies for your loan, and […]

Make Better Informed Decisions

Our decision model Oraculi helps you handle all modules required to form the decision model for your lending business, convenient and easy.

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