Eight Nigerian banks incurred a combined N156bn in impairment charges on credit and financial assets in the first quarter of 2025, according to an analysis by The PUNCH of their unaudited financial ...

Taking a loan is often essential to meet financial needs, but with loans comes the responsibility of paying them back along ...

Can loan recovery agents pay a visit to your home or workplace? Yes, to clear state loan recovery agents are permitted to reach out to and visit a borrower's house to recover the legitimate dues.

Join us for Student Success Strategies to explore flexibility, credit recovery & more. Learn how districts keep students on track.

Setbacks in student achievement resulting from school shutdowns between 2020 and 2022 promise to be a pressing issue for some time to come. The good news: Research shows some effective ways to ...

The 7 (a) loan program saw negative cash flow of hundreds of millions of dollars in 2024 as agency fee reductions combined with an increase in loan defaults — a marked change for a program that ...

To manage credit risk effectively, fintech lenders must adopt unique and insightful strategies that leverage data, analytics, machine learning and product design.

Optimize Collection Strategies: Explore modern, ethical approaches that boost recovery rates while prioritizing customer satisfaction.

I describe how loan officers use the provision of group liability to implement microcredit programs, create an unequal development opportunity and legitimize the coercive actions of repayment ...

The loan recovery process is crucial for lenders and borrowers to ensure financial stability. Effective communication and negotiation are key to collecting overdue payments, particularly for ...