Personal Loan Statistics for 2020

Personal Loan Statistics for 2020

Have actually you discovered yourself looking for more money lately? If that’s the case, you aren’t alone.

The number of people with a personal loan has nearly doubled from around 11 million in 2010 to around 21 million in 2020, and personal loan debt has nearly tripled from $55 billion to $162 billion over the last decade.

But that is borrowing all this cash? Where could it be originating from? & Most notably, just exactly what has COVID-19 done to your personal bank loan landscape? (more…)

Continue Reading Personal Loan Statistics for 2020