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Havish Gupta

Figuring Out • 7m

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

Anonymous 6

Hey I am on Medial • 7m

I've noticed this trend too. I think part of it is the availability of big data and advanced algorithms that can quickly analyze a person's digital footprint. This allows companies to make faster lending decisions. But I worry about the potential for predatory lending.

1 replies1 like

Replies (1)

Havish Gupta

Figuring Out • 7m

That makes sense. And actually i don't think these companies would indulge in predatory lending, tho they could

0 replies

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