How to identify fake or predatory loan apps
Industry Information

How to identify fake or predatory loan apps

As digital lending expands, so does the risk of fake or predatory loan apps targeting unsuspecting borrowers. These platforms often use misleading terms, aggressive collection tactics, and hidden charges to exploit users. Knowing how to spot warning signs, such as lack of transparency, excessive permissions, and unregulated operations, is essential for both borrowers and lenders. Identifying these red flags early can help prevent financial harm and promote a safer, more trustworthy lending ecosystem.

How lack of consequence for loan defaults is destroying the African credit ecosystem
Industry Information

How lack of consequence for loan defaults is destroying the African credit ecosystem

Lack of loan default consequences is destroying Africa’s credit ecosystem from the inside out and it's causing a vicious cycle of distrust.

Why non-financial companies are offering credit products
Growth marketing

Why non-financial companies are offering credit products

This article looks at why non-financial companies are offering credit products, how they structure these offerings, and what it means for lenders operating in African markets.