AltFin’s Bumpy Ride Into An Uncertain 2019
PYMNTS
DECEMBER 28, 2018
These secretly vulnerable consumers, Webster noted, often use debt to make ends meet, either on credit cards or through alternative vehicles like online lenders. The rising rates have not only made debt more expensive, but they have been a weight on loan growth across both bank and FinTech lending platforms in the back half of the year.
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