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Installment loans help fuel India’s festive recovery

Indian consumers are ramping up Buy Now, Pay Later (BNPL) installment plans to buy everything from washing machines to online vacations as the country’s longest holiday season kicks off. The popularity of these small loans which typically amount to less than 5,000 rupees (US $ 67) is increasing as the …

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Affirm Stock signs deal with Target ahead of holiday shopping

A customer leaves a Target store in New York City, August 15, 2021. Scott Mlyn | CNBC Affirm shares jumped 15% on Wednesday after retail chain Target began offering customers the online lender’s installment loan service for purchases over $ 100. Target stated in a blog post that he’s teaming …

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What to do when a lender stops offering lines of credit

LOS ANGELES – October 5, 2021 – (Newswire.com) iQuanti: Lines of credit provide an easy and flexible way to access funds, so it can be inconvenient and unexpected when your lender stops offering these loans. This can be because the lender changed their policies or chose to offer different loans …

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5 credit score factors and how to improve them

LOS ANGELES – October 5, 2021 – (Newswire.com) iQuanti: Your credit score is an important number that can help you determine if you qualify for loans and credit cards. Having a high credit score means you’re more likely to get lower interest rates and better loan terms. If your credit …

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Buy now, pay later loans put pressure on traditional consumer finance

Posted: October 4, 2021 at 5:36 p.m. EDT|Update: 2 hours ago ROCKVILLE, Maryland., October 4, 2021 / PRNewswire / – For finance companies and traditional banks, Buy Now, Pay Later (BNPL) or Point-of-Sale Install Loan (POSIL) financing requires adopting a next-generation mindset by innovation. Competition with fintechs for installment loan …

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