Looking for a loan? You can find one app-style, where terms are more yielding and it’s all done fast via smartphone. PYMNTS latest Provider Ranking of Personal Loan apps shows borrowers are shifting their allegiances here and there as 2021 begins.
The Top 5
Unchanged at No. 5 is the Upgrade credit app and its new mobile debit rewards product.
The Top 10
As Provider Ranking of Personal Loan apps shifts along with the tidal motion of the markets, sometimes our Top 10 may rank fewer than 10 apps, as is this case with personal loans.
Looking at the remainder of top-ranked apps, we find India’s PaySense app — in which Netherlands firm PayU is acquiring a majority equity stake — gaining one chart position this month to snag the No. 6 spot.