Lendsqr expands to Ghana with its lending-as-a-service platform to empower local lenders
Lendsqr, a leading global provider of loan management technology, has officially launched its Lending-as-a-Service (LaaS) platform in Ghana. This expansion brings advanced digital lending tools to banks, fintechs, and digital lenders, improving loan origination, credit assessment, and risk management.
Frequently asked questions on direct debit mandates for loan repayment
Direct debit mandates have become a common tool for loan repayment, helping lenders automate collections and reduce missed payments. But for many borrowers and even lenders, questions still arise around how these mandates work, what consent really means, and how disputes or cancellations are handled. From setup and authorization to compliance and customer protection, understanding the key aspects of direct debit is essential for building a smooth, transparent, and trustworthy repayment process.
7 effective debt collection practices and legal considerations
When you choose effective debt collection practices, treat debtors with respect and adhere to the law, you're more likely to collect what you're owed.
