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Impact of Universal Basic Income on Personal Loan Markets

Overview Universal Basic Income (UBI) has been a topic of much debate and discussion across the globe. It promises to provide a financial safety net by guaranteeing a fixed income to every citizen, regardless of employment status. As economies grapple with automation, job displacement, and economic inequality, UBI emerges as a potential solution. One area […]

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Auto Loan, Business Loan, Home Loan, Loan, Personal Loan, Student Loan

The Role of Social Media Data in Loan Risk Assessment

Introduction In the rapidly evolving financial landscape, traditional methods of assessing loan risk are being augmented and, in some cases, entirely transformed by the integration of social media data. This novel approach leverages the vast amounts of information available on social media platforms to provide a more nuanced and comprehensive understanding of a potential borrower’s

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