7 effective debt collection practices and legal considerations
How to

7 effective debt collection practices and legal considerations

When you choose effective debt collection practices, treat debtors with respect and adhere to the law, you're more likely to collect what you're owed. 

Is your loan business truly financially inclusive?
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Is your loan business truly financially inclusive?

Are you truly "Granting credit access to the underserved"? Is it just a spiel that you tell your customers and investors to give them more trust in your business? Find out if your loan business is truly inclusive.

Coverdey dey for you: Empowering underserved traders with credit
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Coverdey dey for you: Empowering underserved traders with credit

Many up-and-coming lenders claim to be financially inclusive and say they are bridging the credit gap. However, not many are truly bringing credit closer to the often marginalized populace. That is, until Coverdey.

What problem is Lendsqr really solving for lenders?
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What problem is Lendsqr really solving for lenders?

At Lendsqr, we believe that just like the way the internet created a level playing field and ushered Africa into the modern age, technology for lending should be powerful, accessible, and affordable.

What you need to know about Nigeria’s Open Banking
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What you need to know about Nigeria’s Open Banking

Two years after the first Open Banking framework circular was released, the CBN issued operational guidelines for Open Banking on Tuesday, March 7, 2023, heralding a start for what many anticipated would bring about a much-needed change in financial services.

Combating fraud in the lending ecosystem: Your role as a digital lender
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Combating fraud in the lending ecosystem: Your role as a digital lender

Fraudsters bank on your silence and my silence to thrive; they are aware that their victims will stay quiet, as they may face jeers and sneers if they admit to getting scammed. Hence, these grifters continue to succeed in their dishonest schemes. How then do we combat fraud?

The possible upsides of making GSI the go-to loan repayment method
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The possible upsides of making GSI the go-to loan repayment method

The Federal government initiated the Global Standing Instruction (GSI) to nip the issue of non-performing loans and unrepentant loan defaulters in the bud. Unfortunately, the implementation of this very powerful tool has been limited.

Should I lend to this customer? A practical guide to borrowers’ risk assessment
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Should I lend to this customer? A practical guide to borrowers’ risk assessment

For any lending business to be profitable, a lender must be assured of recovering their loan. Here are a few practical guides on how to determine if you should lend to a borrower or not.

What it takes to be a digital money lender
How to

What it takes to be a digital money lender

Fintech, especially digital lending, is one of the fastest growing sectors in every economy in the world. It’s no surprise that everyone wants to dabble into digital lending as their first foray into the exciting and extremely innovative world of fintech. But should you be a digital lender?

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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Handle payment collection like a pro with Direct debit
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Handle payment collection like a pro with Direct debit

Several moons ago, we told you about our new Direct debit feature and how soon it would be available for our lenders. We're proud to announce that "we did a thing" with the new direct debit feature.

Jumpstarting the economy: How the Government can drive growth through the credit ecosystem
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Jumpstarting the economy: How the Government can drive growth through the credit ecosystem

Read about how the government can drive economic growth through the credit ecosystem

How direct debit is simplifying payment collection!
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How direct debit is simplifying payment collection!

Read how direct debit is simplifying payment collection!