The 5 C's of Credit (What You Should Know Before Applying for Credit).

Written by CreditRegistry

What is a credit score and why is it important?

Written by CreditRegistry

What You Should Know About the Launch of CBDC in Nigeria

Written by CreditRegistry

What Is a Credit Report and Why Is It Important?

Written by Kehinde

5 Reasons to Take a Business Loan in Nigeria

Written by Kehinde

The 5 C's of Credit (What You Should Know Before Applying for Credit).

By CreditRegistry

Lenders attempt to mitigate the risk of lending to borrowers by performing credit analysis on customers when applying for a new credit account or loan. This analysis is based on the 5 Cs of Credit as follows: 1. Capacity Lenders must be sure that the borrower has the ability to repay the loan based on […]

What is a credit score and why is it important?

By CreditRegistry

A credit score plays a key role in a lender's decision to offer credit. Factors considered in credit scoring include repayment history, types of loans, length of credit history, and an individual's total debt. A credit score is a risk assessment tool used by lenders to determine an individual's creditworthiness. It is statistically developed and summarises all of the information relating […]

10 Effective Strategies To Get Paid on Time, Every Time

By CreditRegistry

There are many strategies to reduce and or limit outstanding account receivables. Along with ensuring you develop a good working relationship with your clients and keep up to date (and accurate) records, here are some more effective tips to help you get paid on time: 1) Incentivise your customers to pay early by offering a small […]

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