8 signs a borrower would default
Any lender who plans to run a profitable loan business and not a charity organization must keep a sharp eye out for signs that a borrower might bail on their loan repayments.
What is the loan recovery process?
Loan recovery is about ethically stepping up efforts to retrieve what's owed to you, employing assertive tactics to ensure full repayment of the loan.
A lender’s guide to understanding risk assessment
Effective risk assessment is the foundation of responsible lending. This guide explores how lenders evaluate borrower risk using credit data, financial analysis, behavioral insights, and alternative data to make informed lending decisions, reduce defaults, and build healthier loan portfolios.
7 best things the Central Bank has ever done for digital lending in Nigeria
Nigeria's digital lending industry has grown rapidly, supported by regulatory reforms that promote consumer protection, financial stability, and responsible innovation. This article highlights seven of the Central Bank of Nigeria's most impactful initiatives and examines how they have shaped the country's digital lending ecosystem.
Lendsqr vs Loandisk: Which loan management software is right for you?
The difference between a thriving lending business and one barely keeping its head above water often lies in one important factor: the loan management software. The right loan management system can be the difference between attracting and retaining customers, optimizing loan performance, reducing credit risks, and automating tedious tasks.
How to use Lendsqr to build your BNPL app
Buy Now, Pay Later (BNPL) has become one of the fastest-growing forms of consumer credit, allowing customers to spread payments while merchants increase sales. Building a successful BNPL app, however, requires much more than a checkout button—it demands robust onboarding, credit decisioning, payment collection, merchant management, and loan servicing capabilities. With Lendsqr, businesses can quickly launch and scale a BNPL solution using ready-made lending infrastructure, configurable workflows, and APIs designed to power modern credit products.
5 ways GSI should be improved by the Central Bank of Nigeria (CBN)
Global Standing Instruction (GSI) is one of the most remarkable inventions by the CBN. Now, is the GSI as good as it should be? We don’t think so because every good thing can get better.
Using TransUnion with Lendsqr for Credit Scoring
TransUnion collects and aggregates information on over one billion consumers across more than 30 countries. This massive reach, profiling nearly 200 million files, positions TransUnion as a leader in consumer data collection and credit reporting.
Lending with USSD – opportunities, challenges, and limitations
While access to mobile phones is available, smartphones are not as easy to come by. For this reason, an alternative lending channel like USSD that is easily accessible becomes necessary.
How we built Oraculi to help lenders make informed decision
At the core of any decent loan management software is something that helps a lender decide whether a loan should be given. Decisioning is, therefore, a challenge every lender must solve. If you get it wrong, your loan business will fail.
The 5 best Freshchat alternatives for in-app chat for lenders
For lenders, in-app chat is more than a customer support feature. It helps guide borrowers through applications, resolve issues quickly, and improve loan conversion rates. While Freshchat is a popular choice, it may not meet every lender's needs in terms of automation, integrations, scalability, or pricing. This article compares the five best Freshchat alternatives for lenders, highlighting their key features, strengths, and the types of lending businesses they are best suited for.