7 effective debt collection practices and legal considerations
How to

7 effective debt collection practices and legal considerations

When you choose effective debt collection practices, treat debtors with respect and adhere to the law, you're more likely to collect what you're owed. 

Frequently asked questions about Opay
Borrower information

Frequently asked questions about Opay

This article answers the most frequently asked questions about Opay to help you understand how the platform works.

Customer count or profitability: which is more important for a lender?
Growth marketing

Customer count or profitability: which is more important for a lender?

For lenders, growth often brings a key dilemma: should the focus be on increasing customer count or maximizing profitability? While attracting more borrowers can boost market presence and long-term opportunities, it can also strain resources and increase risk if not managed carefully. On the other hand, prioritizing profitability ensures sustainable operations but may limit market share and growth potential. Striking the right balance between these two objectives is crucial for building a lending business that is both competitive and financially resilient.