How Chinese instant loan apps are creating a ...
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Household savings fall to a 50-year-low at a time when borrowing and spending are touching new records. The new mantra of lenders is to bank on Gen-Zers taking the lead on loans and spending. But with the demand, comes debt and default. Unsecured lending is booming at a record ...
In today’s episode for 26th October 2023, we look at whether the massive fall in household financial savings coupled with a boom in small-ticket loans is a reason for worry. Talk to Ditto - https://bit.ly/45uvyDL