CREDIT LOANS EXTENDED BY SOUTH KOREAN COMMERCIAL BANKS

Highlights –

• South Korean commercial banks give out credit loans
• Tight mortgage regulations by the government leading Korean citizens to take loans
• Personal credit debt in Korea in a rare jump in February

Due to the...

Xiaomi Introduces India's Market of Loans With Mi Credit Loans

With Mi Credit, the Chinese electronics giant Xiaomi entered the Indian consumer lending market. Mi Credit is a curated lending marketplace available on both the Google App Store and Xiaomi's GetApps, meaning the company will partner with multiple lending firms to offer personal loans.