Archives Tag: Loan repayment

Finance

Loan Repayment Strategies

April 19, 2022

  As we wave goodbye to 2023, many of us are thinking about fresh starts and new beginnings. One powerful way to kick off 2024 on the right foot is by getting a handle on our loans and debts. Repaying loans not only frees up your financial space but also sets you up for a … Continue reading Loan Repayment Strategies

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FinTech

How Lending Platforms in Nigeria Can Overcome Poor Loan Repayment

April 19, 2022

  Nigeria is an emerging market with so many people in dire need of loans to pay off their bills or invest in their businesses. Hence, the country has seen the sporadic establishment of lending platforms, scattered across the country. For example, there are over hundreds of lending platforms in the country, including Specta, Rapid … Continue reading How Lending Platforms in Nigeria Can Overcome Poor Loan Repayment

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FinTech

How Digital Lending Platforms In Nigeria Can Overcome Poor Loan Repayment Behavior By Low-Income Borrowers

April 19, 2022

  Many digital lending platforms have been dragged into several conspiracies as being vindictive, predatory, and shark-like in dealing with their borrowers. In a story bandied about by the Vanguard newspaper, several Nigerian lending platforms have employed the use of threats, witch-hunts, and complete public embarrassment of borrowers who have defaulted on their debt. Further, … Continue reading How Digital Lending Platforms In Nigeria Can Overcome Poor Loan Repayment Behavior By Low-Income Borrowers

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