Lendsqr
Lendsqr
May 22, 2025 at 10:13 AM
Did you know you can add insurance to your loans on Lendsqr? It’s easy to think that once a loan is disbursed, your job as a lender is done. You underwrote the risk, you priced it right, and now it’s up to the borrower to repay. But the real world isn’t that simple. What happens when a borrower dies unexpectedly? Or lose their job halfway through the loan term? What if something completely outside their control disrupts their ability to repay? These aren't edge cases, they're everyday risks that can quietly eat into your portfolio and erode profitability. And unfortunately, many lenders either absorb the loss or get dragged into uncomfortable, often futile recovery efforts. But there’s a better way to protect both your balance sheet and your borrowers’ dignity. With Lendsqr, you can easily add credit life insurance to your loans directly from the platform. It’s built into the flow, just like it should be. This means that if the borrower passes away or becomes permanently incapacitated, the loan is cove
Image from Lendsqr: Did you know you can add insurance to your loans on Lendsqr?  It’s eas...
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