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Small loans have seen big growth, TransUnion CIBIL report reveals

Home loans in the affordable housing segment, below Rs 25 lakh, have slumped. In the quarter ended June 2023, credit card payment defaults increased. The approval rate for loans to new-to-credit consumers, whom lenders typically approach with caution, was lower. ....

Anand Agrawal , Rajesh Kumar , Manavjeet Singh , Market Indicator , Lit Dept , Home Loans , Consumer Loans , New To Credit Consumers , Credit Cards , Redit Card Approval , Loan Approvals , Loan Defaults ,

Garments accounts, brand-new expenditures drive SA young people's entry right into credit rating market

The nation saw greater than 800 000 customers get in the credit rating market for the very first ....

South Africa , Dominican Republic , Hong Kong , South African , Gen Zers , Empowering Credit Inclusion , Deeper Perspective , New To Credit Consumers ,

Clothing accounts, drive SA youth's entry into credit market

South Africa had a more than 8% increase in consumers who entered the credit market for the first time in 2022. ....

Dominican Republic , South Africa , Hong Kong , South African , Gen Zers , Empowering Credit Inclusion , Deeper Perspective , New To Credit Consumers ,

Clothing accounts, new expenses drive SA youth's entry into credit market

The country saw more than 800 000 consumers enter the credit market for the first time in 2022. ....

South Africa , Hong Kong , Dominican Republic , South African , Gen Zers , Empowering Credit Inclusion , Deeper Perspective , New To Credit Consumers ,

New users better at managing credit – study

Are younger people better at managing their credit and debt than older generations? The answer may surprise you. ....

United States , South Africa , Dominican Republic , Hong Kong , South African , Transunion Africa , Weihan Sun , Empowering Credit Inclusion , Deeper Perspective , New To Credit Consumers , Baby Boomers ,