Need tax season loan tips? Our Chief Product Officer, Jayant Bhatia, recently shared some insights with TVB Finance Magazine🖥️🎤💬. He discussed the tax loan season trends and how Mox enables the loan application journey to be simple, backed by digital underwriting and instant disbursement processes. That makes us a pioneer on Instant loans in Hong Kong. Jayant highlighted that many people overlook better options by following established habits! He suggested everyone compare offers from their go-to banks with those from others: 𝐋𝐨𝐨𝐤 𝐖𝐢𝐝𝐞𝐫 𝐚𝐧𝐝 𝐁𝐨𝐫𝐫𝐨𝐰 𝐒𝐦𝐚𝐫𝐭𝐞𝐫 . Here are some tips from him: 💡𝐋𝐨𝐨𝐤 𝐛𝐞𝐲𝐨𝐧𝐝 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐫𝐚𝐭𝐞𝐬: Loans are not only about interest rates but also about the end-to-end experience. How long does your bank take from starting an application to getting the money into your account? At Mox, it takes as little as 30 seconds with effective use of data and smart processes at the backend ! 💡𝐌𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐚 𝐠𝐨𝐨𝐝 𝐜𝐫𝐞𝐝𝐢𝐭 𝐫𝐚𝐭𝐢𝐧𝐠: Timely payments on credit cards and loan instalments are key. A customer’s relationship with their bank is also an important factor to consider. For more professional insights from Jayant and other financial professionals, check out the episode 🎞️ (in Chinese only): https://lnkd.in/ghgN6UFw
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I try to make it a habit of thinking first, before acting. The key word there is 'try'. Most times, it is a good practice to follow, but it depends on who/what is on the other side. Take the tariff threat for instance..... https://lnkd.in/eD-Fgeh9
More Uncertainty? Certainly!
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With interest rates in decline, there's potential for turbulence in the lending space that should motivate lenders to prepare for shifts in borrower demand. Join Curinos on Thursday, Oct. 17 for a full breakdown on the current state of the consumer lending market, strategies for navigating the months ahead and the keys to translating consumer behavior into more-informed decisions. Learn more: https://hubs.li/Q02R8xx40
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