HomeOne in 4 of us use loans to cowl day-to-day spending

One in 4 of us use loans to cowl day-to-day spending

Tasha Chouhan, UK Head of Banking and Lending at Tink, mentioned: “With many traditional credit checks making it difficult for people to gain access to loans, those who most need financial support are resorting to desperate measures. By prioritising investments in data-driven lending models, lenders can make more informed credit decisions to widen credit access to those who can afford it, while protecting struggling borrowers from getting into financial distress.”

Content Source: www.normal.co.uk

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