digital lending

Personal loans: Excessive digital lending led to a wave of frauds, states FACE report | Mint

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The digital lending sector in India has grown significantly and attracted scammers which push digital lending applications to the market, states FACE (Fintech Association of Consumer Empowerment) in its latest report. The report says that most borrowers take small value personal loans from fintechs. Around 35 percent of loans are worth less than ₹25,000. Loans which … Read more

Can digital lending apps boost or hurt your credit score? Find out here | Mint

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Digital lending apps have changed the face of money borrowing for Indians in recent years, as instant and hassle-free loans are getting offered with minimal paperwork. Now it is a given that digital lending applications have been a credit revolutioniser, they also raised some valid questions and concerns about credit scores. Hence, let’s see how … Read more