What is digital lending and how has it transformed the financial sector? Key risks and challenges explained | Mint

What is digital lending and how has it transformed the financial sector? Key risks and challenges explained | Mint

Source: Live Mint The financial sector underwent substantial transformation because of digital lending technologies bringing new ways for consumers to obtain loans. The need to deal with extensive paperwork alongside enormous lines and multiple bank visits for loans exists only in the past. People can now fully complete loan applications online as digital lending provides…

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