Using 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.
The 5 best Freshchat alternatives for in-app chat for lenders
Lendsqr already integrates with Freshchat for seamless chat support – but are there other Freshchat alternatives that offer even more flexibility for lenders?
6 practical tips to reduce loan processing times
Fast loan processing doesn’t mean approving all loan requests, but deciding if a loan should be approved or not shouldn’t take forever.
Collect smarter, not harder: Ethical debt collection with technology
As a digital lender, how can technology be ethically employed for effective debt recovery? To find out how...
How to differentiate your loans in a crowded market
In today’s competitive lending space, offering loans is no longer enough. Borrowers now have countless options, making differentiation a key factor for lenders looking to stand out. From flexible repayment structures and faster approvals to niche-focused products and better customer experience, successful lenders are finding new ways to make their offerings more attractive. This article explores practical strategies lenders can use to differentiate their loans in a crowded market and build stronger customer loyalty.
7 reasons why your loan business struggles to attract borrowers
So, you've kicked off your loan business. Now, you’re expecting a surge of customers. Despite your best efforts, the expected influx of customers hasn't materialized. Find out the possible reasons for low borrower numbers in your loan business.
Let’s help you separate sheep from wolves!
We both know that not all customers are the same: some are angels, others are less salubrious; some are good for the money, and others will probably fleece you. How then do you separate the wheat from chaff or the sheep from the wolves? Or how do you even meet regulatory demands of Know Your Customer (KYC) where customers should be tiered based on what you know about them and the documents they have provided to you?
Use multiple credit bureaus to double your protection
Relying on a single credit bureau can leave gaps in how you assess borrower risk. By using multiple credit bureaus, lenders gain a more complete view of a borrower’s financial behavior, helping to uncover inconsistencies, reduce blind spots, and improve decision accuracy. This layered approach not only strengthens fraud detection but also enhances confidence in credit decisions, making it a powerful strategy for lenders looking to protect their portfolio and lend more responsibly.
Protect your lending business from fraudsters
To help you protect your lending business from fraudsters, we’ve introduced a new solution that would allow you set security checks before a transaction can be carried out.
Paystack vs. Flutterwave – which is better for loan collection?
Choosing between Paystack and Flutterwave for loan collection goes beyond pricing or popularity. For lenders, the real concern is how reliably repayments are collected, how flexible the payment options are, and how well each platform fits into existing workflows. This article breaks down how both providers handle recurring payments, direct debit, and transaction monitoring, helping you decide which is better suited for your loan collection needs.
Everything’s getting better this September
In the last month, we’ve worked tirelessly to bring you some really great features that we know will make your lending experience much better. Keep reading to know more about these juicy features.