Finova Research Highlights Lenders' Technology Gaps Impacting Borrowers
Wednesday, 11 September 2024, 02:10
Finova Research Highlights Technology Shortcomings
Recent data from Finova indicates that one in five borrowers believe lenders’ technological offerings are inadequate. The report, titled Homeownership in the Digital Age, illustrates pressing challenges in accessing loans via digital platforms.
Implications for Borrowers
- Understanding the gap in technology can empower borrowers to demand better services.
- Lenders must adapt to the digital demands of potential homeowners.
- The research emphasizes the importance of investing in advanced technologies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.