Followers

Friday, January 24, 2025

How phones on EMIs unlock access to loans

Mobile phone purchases on EMI are helping individuals in the informal sector create a formal credit history, enhancing access to other loans. Digital lending and no-cost EMIs from lenders like Bajaj Finance are boosting mobile sales on credit. Obtaining these loans helps in generating a credit score, which is beneficial for future borrowings.

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/OTSVtmk

No comments:

Post a Comment

France’s economic woes: Debt nears 122% of GDP, growth forecast at just 0.4%

France is grappling with severe economic challenges, marked by soaring public debt nearing 122% of GDP. With government expenditure exceedin...