How borrower behaviors have shifted under the threat of GSI
GSI is making borrowers think twice before taking out loans, pay closer attention to the fine print of loan agreements, and more.
8 signs a borrower would default
Any lender who plans to run a profitable loan business and not a charity organization must keep a sharp eye out for signs that a borrower might bail on their loan repayments.
When is the right time to commence recovery as a digital lender
Recovery involves a shift in strategy compared to repayment or collection. It's about ethically stepping up efforts to retrieve what's owed to you, employing assertive tactics to ensure full repayment of the loan.
A lender’s guide to understanding risk assessment
Without proper risk assessment, you're open to a slew of potential problems, like losing money, facing fines, damaging your rep, falling prey to fraudsters, and even cyberattacks.
7 best things the Central Bank has ever done for digital lending in Nigeria
The CBN has laid a strong foundation, but its work is far from over.
Lendsqr vs Loandisk: Which loan management software is right for you?
Prioritize your loan business needs and goals when choosing between Lendsqr vs Loandisk, and you'll make the right choice.
How to use Lendsqr to build your BNPL app
To build your BNPL app, first decide what kind of BNPL service you want to offer. Then, you need to set up as a lender on Lendsqr.
5 ways GSI should be improved by the Central Bank of Nigeria (CBN)
Global Standing Instruction (GSI) is one of the most remarkable inventions by the CBN. Now, is the GSI as good as it should be? We don’t think so because every good thing can get better.
How to use TransUnion with Lendsqr for credit scoring
To integrate TransUnion with your Lendsqr loan management software is a walk in the park because Lendsqr has gone ahead to do the heavy lifting.
How to set up CreditRegistry on Lendsqr
Fortunately, Lendsqr is fully integrated with the key credit bureaus across Africa — CRC, CreditRegistry, TransUnion, and FirstCentral, and you can get access to millions of data to help you make smarter credit decisions in a matter of minutes.
Lending with USSD – opportunities, challenges, and limitations
While access to mobile phones is available, smartphones are not as easy to come by. For this reason, an alternative lending channel like USSD that is easily accessible becomes necessary.
How we built Oraculi to help lenders make informed decision
At the core of any loan management software is a decisioning system that helps a lender decide whether a loan should be given. Ours? Oraculi.
