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Maroc Maroc - Times of India - Business - 24/Jan 23:10

How phones on EMIs unlock access to loans

Mobile phone purchases on EMI are helping individuals in the informal sector create a formal credit history, enhancing access to other loans. Digital lending and no-cost EMIs from lenders like Bajaj Finance are boosting mobile sales on credit. Obtaining these loans helps in generating a credit score, which is beneficial for future borrowings.

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