I like data, and this is great. Even if you hate data, this one's worth a read given we've been talking about consumer debt and loan performance over the past few months.
Lot of things to talk about on this one but sadly, I have little time to chat today (if I don't procrastinate like yesterday) but TLDR: ain't skeered.
@Revelate wrote:
I like data, and this is great. Even if you hate data, this one's worth a read given we've been talking about consumer debt and loan performance over the past few months.
Really cool link! It's nice to see this increase in competition:
"FinTech loans now comprise 38% of all unsecured personal loan balances, the largest market share compared to banks, credit unions and traditional finance companies. Five years ago, FinTechs accounted for just 5% of outstanding balances."
