Personal Lending news and trends

Personal Loans Are The Fastest-Growing Lending Category
Loans // July 04, 2018

As a consumer lending category with the fastest growth, outstanding balances for personal loans jumped by about 18 percent to $120 billion in the first quarter. And the percentage of loans originated by FinTech firms is growing astronomically: While they originated less than 1 percent...

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Personal Loans Are The Fastest-Growing Lending Category

July 04, 2018
As a consumer lending category with the fastest growth, outstanding balances for personal loans jumped by about 18 percent to $120 billion in the first quarter. And the percentage of loans originated by FinTech firms is growing astronomically: While they originated less than 1 percent of personal loans in 2010, they originated 36 percent of […]