lendsqr

When a lender declines a loan, the status changes to Declined. There are various reasons why a Lendsqr lender may decline a loan. The customer's ID may ...

On your platform, a failed loan request means the user was deemed ineligible due to various reasons and the system declined the user’s loan request. The fai...

A loan gets this status after the guarantor for the loan is unable to be validated by the system.

A loan gets this status after the guarantor for the loan has been validated.

This is for loan products that require official email validation. This status means the user is yet to validate their official email address. As such, this ...

A loan gets this loan status for the period during which the approval of the Guarantor is pending approval.

This is usually predicated by an event where a loan is disbursed to a user but the user for one reason or the other did not withdraw the loan amount from th...

After a lender approves and disburses a loan, the loan acquires the loan status of running.

This status is manually generated on the Lendsqr admin console. This is typically used when an admin wishes to write off the outstanding balance of a loan. ...

When a user applies for a loan, the loan first gets a pending status. It is during this period that the loan request goes through different relevant verific...