How Can Financial Technology (Fintech) Help Low-Income Consumers Access Loans and Financial Services

Fintech is rapidly transforming the lending industry. How can fintech help low-income consumers access loans and financial services, and what are the potential drawbacks of this approach?

Comments

  • Whenever I took loans, I tried to repay them on time, but recently I had a problem at work and financial problems began. I found a texan credit corp and borrowed a small amount of money from them so that there would be a reserve from which to repay the old debt so that interest would not start to rise. I hope that the company will adhere to the terms of the contract, as I would not like to have problems with them.

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