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What Are Unsecured Loans?

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What is An Unsecured Loan? Unsecured loans are loans that are approved without the need for collateral. Instead of pledging assets, borrowers qualify based on their credit history and income. Lenders do not have the right to take physical assets (such as a home or vehicle) if borrowers stop making payments on unsecured loans. These […]

How loan companies are driving economic growth in Nigeria

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How loan companies are driving economic growth in Nigeria We live in a country where 1 dollar as at today is equivalent to 361 Naira. Over the past three to four years, Inflation has been inconsistent (increasing and decreasing). To better understand inflation, it is a sustained increase in the price level of goods and services in an economy […]

How to make the best use of a Loan

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How to make the best use of a loan It is often easy to think that a loan is not a loan and it is free money. Once it hits your account, several thoughts may go through your mind. Using your loan wrongly is “carrying gbese” on your head because once the debt collectors come […]

What are Credit Checks and why are they Important?

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What are Credit Checks Credit check is the act of checking one’s credit score and general credit history. Credit score is a numerical expression based on a label analysis of a person’s credit files to represent the creditworthiness of an individual. A credit score is primarily based on a credit report information typically sourced from […]

9 Reasons Why You Should Start A Side Hustle Today!

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What Exactly is A Side Hustle A side Hustle, also known as a side gig or side line is a way to make some extra cash that allows you flexibility to pursue what you’re most interested in. It can also be your true passion – a chance to delve into fashion, travel or whatever it […]

9 Easy Ways to Repay your loan Quickly and Early

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Why should you Pay Off Your Loan Quickly? There are many benefits to paying off a loan quickly. You save money on your loan interest and improve your credit rating. Good Credit is incredibly important in securing a new loan. Banks or financial institutions often look at previous loan payment history before giving out loans […]

Things to consider before standing as a Loan Guarantor

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Who is a Loan Guarantor A guarantor is a person or entity that agrees to be responsible for another’s debt or performance under a contract, if the other fails to pay or perform. In this context, a guarantor is a person who guarantees to pay for someone else’s debt if he or she should default […]

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