Christmas Loans – Should you consider borrowing one for holiday spending?
As the holidays approach, many people find themselves in a financial bind. If you’re among them, you might be considering a loan to get you through the season. As you explore your options for Christmas gifts and travel, you may come across lenders advertising “Christmas loans”—though these offers should be approached with caution. Should you […]
Going digital in the collection to improve resilience against loan defaults
While financial enterprises have been in the digital race lately, the industry hasn’t been able to efficiently leverage technologies in default management and subsequently improve efficiency and customer experience. With rising inflation and interest rate increases , loan delinquency has also increased at an alarming rate. With delinquencies on the rise, lenders need to […]