How digi-lenders are bracing for Covid impact

How digi-lenders are bracing for Covid impact

Digital lenders – who peddle short-tenured micro loans to salaried individuals – are putting on a brave face as the spectre of job losses and pay cuts looms large. From tightening collection schedules to lowering credit limits, narrowing customer base to only include “super-prime” borrowers and hot-listing companies that may retrench employees, small online lenders […]