This infographic highlights trends in the online loan market including: loan volume growth, value of loans, market shifts and demographic information.
Banks and other financial institutions are always looking for ways to acquire more customers and grow their businesses. The right information can allow you to approve more loans, increase average loan sizes, and reduce charge-offs. Unfortunately, the banks’ customary approval process leaves money on the table.
The largest and fastest-growing consumer segment does not fit into the traditional landscape of consumer finance. Today, about 56 percent* of the population struggles