In summary A new report has revealed a dramatic decrease in Californians’ reliance on payday loans as a direct result of government assistance linked to the pandemic, including unemployment benefits, rent relief, moratoriums on evictions, stimulus checks and loan forgiveness. But experts warn that payday loan usage is expected toRead More →

HOME CREDIT Philippines saw an increase in in-store installment financing as more consumers purchased items due to work-from-home agreements and lifestyle changes resulting from the coronavirus pandemic. The company saw a year-on-year increase in lending in the first half to 10.6 billion pesos, Home Credit chief executive David Minol saidRead More →

While many malls across the country are seeing a resurgence in foot traffic as lockdown measures and COVID numbers stabilize, there is also a surge in demand for work from home (WFH), teaching online, home improvement and other “new normal” needs. This goes hand in hand with an increase inRead More →

With many malls nationwide experiencing a resurgence in foot traffic as lockdown measures and COVID numbers stabilize, there is also an increase in the demand for work from home (WFH), online schooling, home improvement and other “new normal” needs. With that comes an increase in demand for consumer finance, withRead More →