Monday, February 1, 2016

“Online in Minutes” Helps Drive Consumer Loans Up 25%

The American Banker reports today that consumer loan growth is up 25%, and driven by the availability of loans online in minutes.  They report, "Personal loans are super easy to get, they're fast, you can do it all online, there's transparency and you don't have to talk to anybody."  Unsecured personal loans, as reported by TransUnion jumped  25.3% to $85.5 billion in the third quarter of 2015 from a year earlier.



The key is to be able to offer consumer loans online and via mobile in minutes, like available for our clients.  Click here to join us for our complimentary webinar on March 1, 2016.


1 comment:

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