Why direct debit is the silent hero of loan recovery in Nigeria
Industry Information

Why direct debit is the silent hero of loan recovery in Nigeria

Unlike cards, direct debit cuts through the noise, offering a simpler and dependable way to ensure payments are made on time, every time.

CBN’s Global Standing Instruction (GSI) explained
Information

CBN’s Global Standing Instruction (GSI) explained

Understand what the CBN's Global Standing Instruction (GSI) is and how it affect loan repayments within the Nigerian financial ecosystem

How the Lendsqr Karma service blocks bad actors and defaulters
Information

How the Lendsqr Karma service blocks bad actors and defaulters

The greatest weapon of most unrepentant serial loan defaulters is the “lack of updated information”. Bad actors know that lenders don’t share information amongst themselves so often. With an opportunity laid out for them, they take advantage by going from one lender to another causing great financial distress. This unfortunate circumstance is uncommon with any […]