Why lending platforms cost what they do
If you’ve ever asked for a quote for a lending platform and thought, “That’s higher than I expected,” you’re not alone.
How to start lending in Namibia
If you’re thinking about starting a cash loan business in Namibia, here are the steps to take...
Are lenders evil for charging high interest rates?
The average lender today typically charges 4% — 10% per month (48% — 120% per year). Whoa. It makes you wonder how they recover loans at these rates. At first glance, it seems outrageous, even exploitative but there’s more to the story when you consider the risks and costs lenders face in Nigeria’s financial landscape.