Legal compliance pitfalls lenders must avoid in Nigeria
Industry Information

Legal compliance pitfalls lenders must avoid in Nigeria

Gone are the days of loan-sharking tactics in Nigeria's modern, regulated lending ecosystem. Lenders who hope to make a lasting impact and withstand the hurdles in this space must be prepared to toe the line of honest, legal and ethical lending. Else, they risk being booted out of the ecosystem.  Stay out of trouble with these 10 legal compliance areas.

How to report defaults to credit bureaus responsibly
Lender information

How to report defaults to credit bureaus responsibly

This article explains how to report defaults correctly. It covers checking information, notifying borrowers, handling disputes, and keeping proper internal controls.

7 reasons why most lenders fail within a year 
Growth marketing

7 reasons why most lenders fail within a year 

Even tech giants owe success to lenders. But despite potential high returns, many lenders still face challenges—and fail. Why? Here's what you need to know.