Millennials borrowed for health and credit refinancing in 2020: Survey
Loan demand was highest, at 81%, from millennials earning ₹10,000– ₹50, 000, and 76% preferred small-ticket loans ranging between ₹10,000 and ₹50, 000
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Loan demand was highest, at 81%, from millennials earning ₹10,000– ₹50, 000, and 76% preferred small-ticket loans ranging between ₹10,000 and ₹50, 000
Rates are down. we have the prices down. so it's not that people can't afford it. there are tighter credit conditions at banks who are under pressure from the fdic and fha to maintain quality lending standards, so it's kind of a battle over the cost of credit versus the availability of credit. the former is there, the latter not so much. >> a silver lining for people who own their homes. they have that good credit refinancing is up. so people have lowered monthly bills. >> i've got to tell you, alex, we've got mortgage rates moving towards -- they've already been -- but moving towards record-l...