Payday Lending Market Is Mastering New Development Strategies
This year, microfinance market participants in MA (lenders/brokers) will have to rebuild their business models to work online and issue longer loan terms in order to stay afloat. Only secured lending will be successfully developed in the offline segment. At the same time, the current bank borrowers will be massively attracted to lenders issuing payday loans Massachusetts. According to a study by the analytical center, by the end of 2021,…