Why Credit Scoring is Important to Lending
A big determinant in whether you decide to lend a borrower money or not is the confidence you have in the borrower’s ability and willingness to pay you back your money. We have mentioned before that their ability and willingness to return your money are two very different things. Just because someone has the means to pay their debts doesn’t mean […]
💳 We now support direct debit in loan invites and guarantor verification
Hello there! 👋 Happy New Month and welcome to February ❤️, the month of love, growth, and fresh starts! At Lendsqr, we’re here to ensure your hard work pays off. To support you, this month’s newsletter is packed with important updates designed to turbocharge your loan business. Here’s to a February filled with meaningful strides, […]
Credit bureaus not enough? Try these alternatives
Credit bureaus are supposed to be the backbone of the lending process, yet they often fall short. Let’s explore three other alternatives