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3 Views Share:Quick Credit โ The New Normal Of Millennials Post
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The COVID-19 outbreak has transformed everything around us so badly that it even influenced the way we talk and the way we breathe. People have started exploring alternatives for everything to adapt to the shifts and fintech is such an alternative for banking and financial needs. Fintech platforms made the most out of this lockdown time to get more into people with their financial aid services.
The majority of people tend to seek monetary aid against their salary to balance month-end expenses etc. It is a hard task for work professionals to sustain in general times, try thinking how tough it gets for them to manage during a nationwide lockdown. No banks were there to get loans and no pawnbroker was there to give money. Lockdown was truly a besieged situation for most people who rely on the monthly salary.
Amidst such hard times, fintech has come into the light as a huge sigh of relief. [Link removed - login to see]
Fintechs own so many benefits than banks and financial institutions, which have caught peopleโs attention. Round the clock accessibility, no physical documentation required, instant loan approval, immediate disbursement, and many more. And coincidentally, these features of fintech have matched with the requirements of people during the lockdown. So, people have started approaching fintech platforms online using their mobile phones and borrowed money to sustain during the pandemic testing days.
The majority of people tend to seek monetary aid against their salary to balance month-end expenses etc. It is a hard task for work professionals to sustain in general times, try thinking how tough it gets for them to manage during a nationwide lockdown. No banks were there to get loans and no pawnbroker was there to give money. Lockdown was truly a besieged situation for most people who rely on the monthly salary.
Amidst such hard times, fintech has come into the light as a huge sigh of relief. [Link removed - login to see]
Fintechs own so many benefits than banks and financial institutions, which have caught peopleโs attention. Round the clock accessibility, no physical documentation required, instant loan approval, immediate disbursement, and many more. And coincidentally, these features of fintech have matched with the requirements of people during the lockdown. So, people have started approaching fintech platforms online using their mobile phones and borrowed money to sustain during the pandemic testing days.