The Money Minute

A monthly trivia moment designed to give you a quick pause, a bit of fun, and maybe even a nugget of industry knowledge you didn’t know you needed.

 

What percentage of consumers say “speed and ease of loan approval” is most important when choosing a lender?

According to a report, 58% of consumers believe “speed and ease of loan approval” is most important when choosing a lender. And lenders agree, with 80% of executives recognizing that simplicity in the lending process is most important to their customers.
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