Does this sound familiar? You earn well, have a stable job, and yet whenever you need a personal loan for an emergency, the amount approved is lower than what you actually need.
When you need additional funds, you have one of three options to choose from. If you have an existing loan, you can either top it up or transfer it to a lender at a lower rate. If you don't have an ongoing loan, your only option is to apply for a fresh loan.
Relocating to a new city or even the same city is as thrilling as it is stressful. People relocate because of job transfers, better housing facilities, family needs, lifestyle changes, or better work opportunities.
Can you think of a scenario where your digital avatar can take out a loan to purchase virtual real estate or invest in digital assets? Sounds like science fiction, right? Surprisingly, this idea is quickly moving from imagination to reality with the development of the metaverse. In fact, 47% of bankers predict that consumers will use AR and VR as a substitute channel for transactions by 2030.
Every time you tap your phone to pay for your morning coffee or at the grocery store, you are leaving behind a trail of data that could influence your financial future in ways you have never considered.