How to assess loan applications for individual borrowers
Here's how to thoroughly assess loan applications for individual borrowers to reduce non-performing loans in your loan portfolio
A borrower’s right to data privacy is not negotiable
Nothing gets your heart racing several miles per minute like the chance that you may not recover your loans right?
Lendsqr’s guide to responsible lending
If you’re a lender reading this, you’re probably thinking you made the right decision choosing this line of business right? However, do you operate with responsible lending practices?
How big is the addressable market for consumer loan in Nigeria?
Nigeria's 200 million population offers a vast potential for consumer loans. This guide explores strategies to tap into this market.
Lenders battle against fraudsters; a case for an industry blacklist
In Kenya, the lenders battle against fraudsters with an estimated 3.2 million people have been blacklisted on Kenya’s TransUnion credit reference bureau.
What are payday loans and how to make the best of them?
Payday loans are not perfect, but let’s talk about how payday loans work and how to use them wisely.
A guide to promoting your lending business using digital channels
Learn how to use digital approach to grown and drive your lending business with tools and examples to help your lending business succeed
Invest in a lending business: Why and how to make profit from it
If you are interested in making extra cash by borrowing out some of your excess funds to individuals, then you consider investing in a lending business
How to Sell Your Loan Products
In our posts on getting your lending business up and running, we mentioned that the next step after creating your loan products was to invite borrowers to view and apply for them. In this post, we will be talking a bit about that process, which is really all about “selling” your loan products.
Wonder what types of loans exist? We’ve broken them down for you
As a new lender, the most important information you will seek to find out is knowing what types of loans exists and what loans you can offer.
Five Reasons Why You Should Embrace the “Sharing Economy” Today
The phrase “sharing economy” is an umbrella term coined to describe social and economic activity of the new age.
