Alternative Underwriting Is Helping New Lenders Reach First-time Borrowers
New entrants in the lending field are using #alternative means — #cryptocurrency-backed loans to “social credit,” a measure of the strength of your social connections — to offer credit to the underbanked. Cryptocurrency HODLers and miners will soon be able to use their assets as collateral for fiat currency loans with Cereal, a Moscow-based lending platform […]
Bank Innovation
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