Frequently Asked Questions on Credit Reporting
FAQs

Frequently Asked Questions on Credit Reporting

Here are some of the most frequently asked questions about credit reporting that lenders or prospective lenders (especially in Africa) should keep in mind.

How to use myBankStatement with Lendsqr for credit scoring
Engineering

How to use myBankStatement with Lendsqr for credit scoring

myBankStatement gives lenders access to key financial data, helping them make more informed decisions with a clearer view of borrowers' financial profiles.

What collateral options exist for SME loans?
Growth marketing

What collateral options exist for SME loans?

This article breaks down the collateral options that actually exist for SME loans in African markets today, focusing on what lenders accept in practice, how these options behave during default, and what trade offs come with each approach.