What is consumptive credit and why is it so damaging?
Understanding how consumptive credit works, and why it behaves the way it does, is important for any lender trying to build a sustainable portfolio.
5 common mistakes first-time lenders make
Starting a lending business can feel straightforward, but many first-time lenders quickly run into avoidable pitfalls. From weak credit assessment processes to unclear loan terms and poor borrower communication, small missteps can lead to costly outcomes like defaults and low customer retention. These early mistakes often stem from focusing too much on disbursement and not enough on structure, risk, and experience. Understanding where things typically go wrong is the first step to building a more resilient and effective lending operation.
5 reasons why borrowers don’t come back
Many lenders focus heavily on acquisition but overlook a quieter, more costly problem: why borrowers don’t return. The truth is, repeat borrowing isn’t just about need; it’s about experience. When customers encounter hidden fees, rigid repayment structures, slow disbursements, poor communication, or feel unsupported during moments of financial stress, they remember. And when the next need arises, they don’t come back, they look elsewhere. Understanding these friction points is critical, because in lending, retention is often the clearest signal of trust earned or lost.
Frequently asked questions on credit scores and blacklists
Understanding credit scores and blacklists is essential for anyone seeking loans, credit cards, or financing. This article answers the most common questions people have, from how credit scores are calculated to what being “blacklisted” really means, how long it lasts, and whether you can fix it. Whether you're building credit or trying to recover from past issues, this guide breaks everything down in simple, practical terms.
Frequently asked questions on starting a lending business in Nigeria
Starting a lending business in Nigeria offers big opportunities, but many founders struggle with regulations, setup steps, and risk management. This FAQ-style guide answers the most common questions, from licensing and CAC registration to choosing a lending model and handling collections, so you can launch your lending business with confidence.
Does Android still allow lenders to scrap SMS from phones for scoring?
The question lenders now ask is simple: does Android still allow loan apps to scrape SMS from users’ phones for credit scoring?
5 Profitable lending niches for lenders in 2026
The lending world is changing fast in 2026, and the most profitable opportunities now lie in specialized niches rather than traditional loan products. Demand is rising for focused, high-margin lending segments driven by new consumer needs, digital business models, and smarter risk assessment. In this article, we highlight five profitable lending niches that offer strong growth potential, less competition, and better returns.
Everything to know about the Nigeria credit reporting act
This article provides an explanation of the Credit Reporting Act. It stays close to the law while focusing on how the provisions affect lenders in practice.
What is the difference between consumer lending software and business lending software?
This article provides a thorough explanation of the differences and what to consider when deciding which one to choose.
Frequently Asked Questions about Mortgages
Despite their prevalence, mortgages remain confusing for many. People ask whether they can qualify with irregular income, how interest really affects repayments over decades, and what happens if life throws an unexpected curveball. Lenders, on the other hand, wrestle with balancing risk, keeping up with regulations, and monitoring loans across multiple borrowers and markets. This […]
Comment obtenir une licence de prêt au Maroc
Cet article propose un guide pour s'orienter dans le processus d'obtention de licence au Maroc et comprendre les attentes des autorités de régulation, de la demande à l'obtention de la licence.
