When silence speaks volume: communicating with defaulters 101
For small and medium lenders, communicating with defaulters is like walking a tightrope. Do it well; you might salvage the relationship and recover your money. Handle it poorly, and you risk losing not just your funds but also your reputation.
A borrower’s right to data privacy is not negotiable
Nothing gets your heart racing several miles per minute like the chance that you may not recover your loans right?
Everything to know about the Nigeria credit reporting act
This article provides an explanation of the Credit Reporting Act. It stays close to the law while focusing on how the provisions affect lenders in practice.