Personalised lending: How fintechs can offer tailored loan products for higher acceptance rates

Quick Summary:

In this article, we build a case for why fintechs should offer tailored loan products and present a practical framework to offer tailored loan products to customers.

We also explain how fintechs can easily set up a system to achieve this.

In the evolving landscape of financial technology, personalised lending stands out as a significant innovation, aiming to bridge the gap between traditional credit assessment and the diverse financial needs of modern consumers.

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Article Details

Author / Journalist: Joydip Gupta

Category: StartupsEconomyBusiness

Markets: India

Topics: Fintechs Rates Data Product Financial Loan Lenders Lending Customer Products Customers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 02:30:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 944 words

Reading Time: 6 minutes read

Sentences: 49 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 21880654

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 10 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 14 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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