REPORT

Learn about the dangers of unsecured lending

Unsecured lending is a global industry with billions of dollars being lent each year. With the right approach, it’s a profitable business, but organizations are faced with challenges of preventing fraud while meeting customer expectations. Discover the latest trends and get all the actionable insight you need to fight fraud, stay compliant, grow globally and build trust with your customers.

Unsecured loans impact everything from credit cards to longer-term lending

They come in a variety of guises, including gym memberships, medical or dental bill coverage, credit for holidays and payday loans.

Unsecured debt is a growing industry

It can take the form of credit cards with higher interest and shorter payoff terms or longer term agreements.

Rising interest rates are dampening demands for unsecured loans

This is set against the soaring cost of living, which will continue to increase activity in the short-to-medium term, so the picture is becoming mixed.