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 to get your USSD code as a lender in Nigeria
How to

How to get your USSD code as a lender in Nigeria

USSD code for lenders are available in two ways: either from the Nigerian Communications Commission (NCC) or through VASPs. Learn more.

Expand your lending business with customer incentives
How to

Expand your lending business with customer incentives

Customer incentives can be a powerful lever for growing a lending business when used strategically. From interest rate discounts and referral bonuses to flexible repayment rewards, the right incentives can attract new borrowers while encouraging repeat usage. But beyond acquisition, incentives also shape borrower behavior and loyalty, making it important to design them in a way that supports both growth and risk management. When aligned with your overall strategy, they can help you scale sustainably without compromising profitability.