For your right to be curious.

Donate

Play Live Radio

Next Up:

0:00

0:00 0:00

Available On Air Stations

Build a transformational philanthropy program for this trusted NPR affiliate.
Seeking a 100% major gift fundraiser passionate about public media to develop relationships with people who support an informed and civil central Illinois.
Hire will have community visibility, many prospects, and professional resources.
Interviews in progress, open until filled. Apply now.

Personal Loan Industry Growing Fast In The U.S.

NPR

Published July 4, 2018 at 12:33 PM CDT

The personal loan industry is having a record year, with the value of outstanding balances going up 18 percent in the first quarter of 2018. The growth in these personal loans isn’t due just to big traditional banks, but also a number of startups in the financial tech, or “fintech,” world.

Here & Now‘s Peter O’Dowd speaks with Roben Farzad (@robenfarzad), who hosts the podcast “Full Disclosure.”