Category: Digital Lending

March 5, 2025

Digital Lending Market Trends and Predictions for 2025 & Beyond

The digital lending market is changing fast. Today’s high-tech tools are making lending easier and more efficient for financial institutions. In this blog, we explain current trends and future predictions. Lenders need to understand these changes to stay competitive. With its advanced software, LendFoundry can[...]

February 18, 2025

What is Alternative Credit Scoring & Why is it So Popular?

Alternative credit scoring is a new way to judge a borrower’s credit history. Instead of just looking at traditional credit reports, this method uses other types of data—like utility bill payments, rental history, and even online activity—to get a full picture of a borrower’s ability[...]

January 31, 2025

5 Strategies to Scale Your Digital Lending Business

Scaling your digital lending business is more important than ever. With new technology and changing customer needs, lenders must adapt quickly. This blog explains five clear strategies to help you grow your digital lending business. We will use simple language to explain each strategy while[...]

January 22, 2025

5 Benefits of using a Cloud-based Loan Management System

Cloud computing has been around for over a decade, and its benefits are becoming more and more clear. In a world that’s always moving fast, old-school methods just can’t keep up. Financial companies are turning to cloud-based systems to speed up processes, cut costs, and[...]

January 21, 2025

Digital Transformation in Lending: The Future of Unsecured Loans

Unsecured lending is evolving quickly in today’s digital age. Unlike secured loans, unsecured loans do not require collateral, meaning borrowers don’t have to pledge an asset like a car or house to get the loan. However, these loans come with higher risks for lenders and[...]

January 15, 2025

The Best Practices for Compliance in Digital Lending

Digital lending has changed the way people borrow money. Instead of waiting for days and dealing with piles of paperwork, borrowers can now access loans online in just a few clicks. But as digital lending grows, it also faces challenges like data security, fair practices,[...]