Lenders Shunned Risky Personal Loans. Now They’re Competing for Them. - News Summed Up

Lenders Shunned Risky Personal Loans. Now They’re Competing for Them.


Lenders are stepping up offers of consumer loans with few strings attached, often to individuals with poor credit histories they all but ignored in the years after the financial crisis. The offers promise a way to help pay down other debts or fund home renovations or vacations, fueling concerns that customers could overextend themselves. “Take control of your finances,” says one mass mailing. “Your dream can come true,” says another.


Source: Wall Street Journal August 24, 2018 09:33 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */