How to secure a loan without collateral
Securing a loan without collateral is possible, but it often depends on factors like your income, creditworthiness, and the lender's requirements. This guide explains how unsecured loans work, what lenders look for during the application process, and practical tips to improve your chances of approval. Whether you need funds for an emergency, business, or personal expenses, this article will help you borrow with confidence.
Essential loan pricing strategies for every lender
Setting the right loan price is key to balancing profitability, competitiveness, and borrower affordability. This guide explores the essential loan pricing strategies every lender should understand, from risk-based pricing and interest rate models to fees, market conditions, and regulatory considerations. Whether you're launching a new lending business or refining your pricing approach, this article will help you build a sustainable lending strategy.
BVN is great, but here are 5 ways CBN can make it better
The Bank Verification Number (BVN) has transformed identity verification and reduced fraud across Nigeria's financial sector, but there is still room for improvement. This article explores five practical ways the Central Bank of Nigeria could strengthen the BVN system to improve security, expand financial inclusion, enhance data accuracy, and support better lending decisions for financial institutions.
The 3 best Google ads alternatives for promoting loan apps
In this article, we’ll list some of the best alternatives to Google Ads, explain what they offer, and show you how to use them to boost your lending business.
SnapCash, Irorun and other apps for 50,000 naira in Nigeria
From as little as 2,000 naira to as much as 50,000 naira, the goal remains the same: to address immediate emergencies.
Where and how to get an urgent 100,000 naira loan in Nigeria
After reading this, whatever 99 problems Nigeria throws at you or your business, knowing where and how to get an urgent N100000 loan won't be one.
All you need to set up a student loan software
In most advanced countries, student loans are the norm, allowing almost everyone to attend university. Sadly, that’s yet to be the case in Nigeria.
What you need to know about CrediCorp
In Nigeria, easy access to credit is vital to achieving personal financial goals. The Nigerian Consumer Credit Corporation (CrediCorp) is leading the charge in making consumer credit more accessible, putting Nigerians in the driver's seat of their financial futures.
VeendHQ Vs. Lendsqr: Which loan management software is right for you?
The difference between a flourishing lender and one that’s struggling to stay afloat is often evident in one critical factor: the lender’s technology or, in this case, the lender’s loan management software (LMS). VeendHQ and Lendsqr boasts of excellent features and benefits. But which one truly stands out?
How to use NIBSS with Lendsqr for loan repayments
Using NIBSS' direct debit system on Lendsqr loan management software is easy, as it's natively integrated into the platform.
5 reasons why most lenders don’t have access to GSI
While we encourage CBN to fix these issues, lenders on Lendsqr can still access more reliable ways to collect loans from customers.