Defining the News
A first-quarter survey by global information and insights company TransUnion shows that only a third of Filipinos believe they have sufficient access to credit and lending products.
The quarterly consumer pulse survey by TransUnion explores consumers’ recent personal finance and fraud experiences, and what financial changes they expect in the future. Gen Z’s technological literacy and personal financial outlook appeared to contribute to a trend observed with ‘buy now, pay later services — an alternative credit-enabled payment method that allows consumers to immediately finance purchases and pay them back in fixed installments over a relatively short period of time.Among all Filipinos who said they have heard of BNPL , almost two-thirds said they had made at least one BNPL transaction in the last 12 months compared to 61 percent a year ago.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Speaker to lead investigation on retail, farmgate price gapDefining the News
Read more »
Senators want to hold gencos accountable for plant outagesDefining the News
Read more »
Congo accuses Apple of using 'blood minerals' from war-torn eastDefining the News
Read more »
WHO finds use of alcohol and e-cigarettes among youth 'alarming'Defining the News
Read more »
Mamba out as Cagayan governor—ComelecDefining the News
Read more »
Biden backs freedom of expression on US campusesDefining the News
Read more »