Why do you think that in the last 2 years, the Number of Instant Loan Startups have skyrocketed, and also almost every company have started to provide loans?
Like what happened in this period that have helps these companies dicide whom to give loans
Yup, acces to easy loans is quite awesome tho the issue is that people may and are taking loans even if they don't need it.
Anyways good for banks and these fintech startups
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