People under 40 account for 80 percent of loans from digital lenders: FACE-Equifax study
Borrowers in the 31-40 age group account for the highest market share, followed by those in the 26-30 band, the report has found.
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Borrowers in the 31-40 age group account for the highest market share, followed by those in the 26-30 band, the report has found.
Recent data from the Reserve Bank of India shows an increased reliance on personal loans, resulting in an uptick in credit growth in January 2023. According to RBI’s data, retail loans have increased by 20.4% since last year. Even consumption loans grew by 25.6% year-on-year, with financial institutions making it extremely simple to obtain quick loans through mobile applications.
Do you want companies offering computer financing with bad credit? We share five of them with the help of this article
Do you want companies offering computer financing with bad credit? We share five of them with the help of this article