As our industry adapts to the evolving financial and economic landscape while seeking to capitalize on emerging opportunities, broadening the pool of capital providers and expanding funding options is top of mind. Join our all-star panel of senior leaders and learn how our industry is adapting to this evolving landscape, navigating market changes, and leveraging […]
The Federal Reserve announced Wednesday that it would leave its short-term interest rate target unchanged at 5.25 percent to 5.5 percent. The news was not a surprise. That the Fed would remain on hold was considered a near certainty in the weeks leading up to the meeting. Nevertheless, the broader conversation about interest rate policy […]
In PayNearMe’s new study “Consumer Trends Driving the Future of Loan Payments,” we reveal that challenges in the loan repayment process and poor payment experiences jeopardize customer loyalty and retention for lenders. You can read more on PayNearMe’s website.
Consumer Lending by the Numbers
13.7 MILLION consumers hold a traditional installment loan
13.7
million
consumers hold a traditional installment loan
82 MILLION consumers in the PRIME VALUE or better risk tier
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