Introduction to Lucred
Lucred is a digital lending platform that gives you a credit line up to ₦300,000 that you can spend at over 1000 merchants You can call Lucred a digital credit card or a buy now pay later service but our approach is different, we…
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Why Lucred was created
Digital lending has revolutionized the financial industry by providing faster, more accessible, and efficient lending solutions. Why Lucred was created So Jennifer started a gadget retailing business in the premier...
1340 8 mins 2024-11-15
5 Reasons to anticipate Lucred in 2023
As we enter the new year of 2023, it is important to stay up-to-date on the latest payment solutions that can help individuals and businesses make purchases more affordably and...
1023 10 mins 2024-11-14
Reasons to use Credit
Peer-to-peer (P2P) lending platforms have emerged as a popular alternative to traditional financial institutions, allowing individuals to borrow and lend money directly to one another through an online marketplace. This...
879 9 mins 2024-11-12Understanding Digital Credit Risk in the Age of Fintech
Digital credit risk refers to the potential for loss due to a borrower’s failure to meet the terms of a loan issued through a digital platform. With the rise of...
1120 7 mins 2024-11-10How Digital Lending is Expanding Financial Inclusion
Digital lending has played a pivotal role in expanding financial inclusion, particularly in developing countries where traditional banking services are limited. By leveraging technology, digital lenders can reach underserved populations,...
1540 6 mins 2024-11-09Digital Lending Regulations: Navigating the Global Landscape
As digital lending becomes more prevalent, governments around the world are working to establish regulatory frameworks that protect consumers while encouraging innovation. Different countries have taken varied approaches to regulating...
670 12 mins 2024-11-08AI and Machine Learning: The Future of Credit Assessment
Artificial intelligence (AI) and machine learning (ML) are transforming the way credit assessments are conducted, particularly in the digital lending space. Traditional credit scoring systems rely on static financial data,...
850 8 mins 2024-11-06The Impact of Digital Lending on Small Businesses
Small businesses often face significant challenges when trying to secure loans from traditional banks, particularly if they lack a robust credit history. Digital lending platforms have emerged as a critical...
940 9 mins 2024-11-04The Role of Blockchain in Digital Lending
Blockchain technology has the potential to revolutionize digital lending by providing greater transparency, security, and efficiency in lending processes. By using blockchain, lenders can create a secure, immutable record of...
1040 11 mins 2024-11-03