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FAQs
Overview
8
What is Lendsqr?
In which countries does Lendsqr operate?
What product does Lendsqr offer?
Does Lendsqr give out loans?
Does Lendsqr have a Core Banking Application (CBA)?
View all 8
General
22
Who is a lender?
Who is a borrower?
Can I be a lender?
How much does Lendsqr charge for services?
How do I change the logo on my web app?
View all 22
Settlement
4
How can a lender view their settlement account?
How can we move money from settlement account to disbursement account, for our customer to be able to withdraw?
What is the difference between settlement and disbursement account?
When do I get settled as a lender?
Loans
25
Can a user delete their card from the app?
Can I disburse loans to user's bank account directly?
Can I prequalify customers for loan?
Can my users apply for loans outside Nigeria?
Can user take a loan without a card?
View all 25
Transactions
10
Can you debit accounts tied to a BVN?
Can you debit an account with Remita direct debit?
How do I fund my disbursement account?
How to view service balance and disbursement account balance?
What is direct debit?
View all 10
Administrative
15
Can I change my Organization name?
Can I create custom roles for my staff?
Can I edit my organization profile?
Can Lendsqr assist in getting a lending license?
Can my support team get training from the Lendsqr support team, on managing users on my platform?
View all 15
Mobile app
3
Can my app read the SMS of my user's phone?
What is the minimum Android requirement for my app?
Why can't my users see my app within the Google Play Store
Decision models and data
11
Can I export my data?
How do I create a new decision model?
How do I use Loci for decision model?
How does Karma work?
How Oraculi SMS SDK Works
View all 11
Managing users and customers
5
Can my user use another country's KYC?
Do you report data to credit bureau?
How can I activate a user?
How can I deactivate a user?
Why is location required for my user?
API
2
Can I integrate my services into Lendsqr?
Does lendsqr offer API services?
Remita
29
What is Remita direct debit?
Who are those entitled to use Remita Direct Debit?
Can I use direct debit to pay for a loan before it is due date?
Does using direct debit stop users from being charged from their cards?
How do I as a lender sign up for direct debit?
View all 29
Help Desk Software
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