Exchange Data International

Starting a lending business in California requires more than capital and a business plan—it also requires obtaining the appropriate money lending license and complying with state regulations. From meeting financial and legal requirements to submitting applications and maintaining ongoing compliance, the licensing process can be complex for new lenders. This guide breaks down the key steps involved in securing a money lending license in California and what aspiring lenders need to know before launching operations.

This article breaks down the specific categories of data that lenders report to credit bureaus across Africa. It focuses strictly on lender supplied data, not how bureaus score it or how lenders later consume it.

Smart lenders must incorporate alternative data sources to improve underwriting and make more informed lending decisions.