FinTech-Issued Personal Loans in the U.S

Jessica N. Flagg and Simona Hannon

No 2023-08-30-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: The financial technology advances of the past decade brought to prominence a new group of lenders active within the personal loan space—financial technology (FinTech) lenders. Although traditional lenders such as banks, thrifts, credit unions, and finance companies continue to play an important role in providing personal loans to consumers, FinTech lenders gained a notable market share.

Keywords: fintech; financial technology; personal loans (search for similar items in EconPapers)
Date: 2023-08-30
New Economics Papers: this item is included in nep-ban, nep-fdg, nep-fmk, nep-ger and nep-pay
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