Lendsqr partners with Creditregistry and CRC to offer free bureau reporting for lenders
- Lendsqr partners with CreditRegistry and CRC Credit Bureau to automate loan reporting for lenders in Nigeria.
- The partnership aims to eliminate the costs and complexities associated with credit reporting for lenders.
- Lendsqr's platform will allow licensed lenders to report to credit bureaus at no extra cost.
The partnership between Lendsqr, CreditRegistry, and CRC represents a significant step towards improving the lending landscape in Nigeria. By addressing the barriers to credit reporting, this initiative not only enhances accountability but also promotes responsible lending practices. It would be beneficial to explore how this model can be replicated in other regions facing similar challenges.
