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Younger borrowers bring access to loans into question.

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  • المؤلفون: FEAST, SEAN
  • المصدر:
    Credit Management. Apr2024, p8-8. 1p.
  • معلومة اضافية
    • الموضوع:
      LOANS; BANK loans; BANKING industry; BANK accounts; CREDIT management
    • نبذة مختصرة :
      The article focuses on the challenges younger age groups face in accessing credit, with research revealing high loan rejection rates and abandonment of applications due to cumbersome processes, prompting calls for smoother application procedures and data-driven risk assessment models to improve affordability checks and reduce operational costs for lenders.