Alright, let’s talk about it now have you ever been at the ATM trying to withdraw some cash? while punching in your PIN, and the machine flashes an error message. You try a transfer—nothing. You start sweating, thinking, “Did I just get financially ghosted?” It might just be your BVN acting up. So, let’s dive … Read more
Have you ever thought about your overdue loan repayment as you are sipping your morning coffee and scrolling through your phone? when you suddenly see such a notification what comes to your mind first?, do you think, What’s the worst that could happen? Weird, right? But is it really that dramatic? Let’s forge ahead on … Read more
This newfound ease of harnessing capital, however, comes with a critical question: should you share your Bank Verification Number (BVN) with these apps to unlock their lending power? It’s really a critical and delicate matter and should be treated as such. Do not worry I will be dissecting the potential risks associated with BVN sharing … Read more
With the importance of the BVN currently in Nigeria, it is now established as very important in our banking and financial system. People are greatly confused following the current trend of loan apps and want to find out: Why do loan apps request your BVN during the application process? I will expose the reasons behind … Read more
While loan apps offer a convenient and seemingly effortless way to bridge unexpected financial gaps they also have emerged as a game-changer. In this digital lending landscape have you ever stopped to consider the role of your Bank Verification Number (BVN)? maybe not. But in Nigeria, the BVN is a unique identity code assigned to … Read more