Personal finance tools articles
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Digital Platforms Elevate Renters’ Personal Finance Game
Digital platforms are transforming the personal finance landscape for renters by emphasizing the importance of leveraging nuanced insights derived from rental payment data, a facet traditionally excluded from credit scoring models. Among the firms driving this transformation is EasyKnock, a home equity solution platform, which recently partnered with Piñata to offer its customers access to reward and credit-building […]
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Egypt seeks innovative, low-cost development financing tools to address needs
Egypt’s Finance Minister Mohamed Maait emphasized the need for innovative, non-traditional, and low-cost development financing tools that are tailored to the specific needs of low- and middle-income countries. He stressed the importance of strengthening multilateral development cooperation to bridge the financing gaps faced by emerging economies. Maait’s remarks came during a meeting with Jingjing Wang, […]
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While demand for personal loans cooled in 2023, the average personal loan balance grew 6.3%
Experian data shows that total US personal debt increased by almost 10% even as demand for personal loans steadied in 2023.