FAQs for General Inquiry
Answers to general frequency asked questions
A lender is any individual, company, or financial institution that makes funds available to a person or business, with the expectation that the funds will b...
Thu, 2 Jun, 2022 at 3:24 PM
A borrower is an individual or a company that has received money from a lender with the agreement that the money will be repaid within the conditions set fo...
Thu, 2 Jun, 2022 at 3:26 PM
Lending is a regulated business and is generally regulated by the Central Bank of Nigeria and the various states. The CBN issue microfinance bank, finance...
Thu, 2 Jun, 2022 at 10:59 PM
Most services on Lendsqr are free but a few are charged and there are some services only available to customers with a paid plan. There are currently 5 ...
Wed, 12 Jul, 2023 at 12:33 PM
To change your logo on the web app to your organization's logo, follow the steps listed below. Log into your Pecunia admin Click on Preferences. Cli...
Thu, 2 Jun, 2022 at 11:01 PM
On rare occasions when the OTP is not delivered to the user, it is as a result of slow delivery by the network provider (MTN, Airtel, GLO etc.)
Tue, 31 May, 2022 at 8:22 PM
OTP sent via SMS typically carry "Lendsqr" as the Sender ID. The option to change the Sender ID is only available to Enterprise lenders only.
Thu, 2 Jun, 2022 at 11:03 PM
Users typically get banned by Lendsqr lenders because of fraud. The blacklisted user can always be removed from the blacklist if they are cleared of all c...
Thu, 2 Jun, 2022 at 11:07 PM
By default, Verve cards are not accepted on our platform due to their frequent need for re-authorization which can hinder automatic debt repayments and othe...
Wed, 12 Jul, 2023 at 2:35 PM
A user cannot use another person's card even if they were their family or friend, on their account. The Lendsqr platform runs security checks to confirm...
Fri, 3 Jun, 2022 at 7:51 PM