The Rise of Digital Borrowing: Exploring the Online Loan Landscape in Sri Lanka

In recent years, Sri Lanka has witnessed a significant rise in digital borrowing, transforming the traditional lending landscape. With the advent of technology and the internet, individuals and businesses now have access to online loan platforms that offer quick and convenient borrowing options. This article explores the emergence of digital borrowing and delves into the online loan landscape in Sri Lanka. Online Loans/Digital Borrowing: An Introduction Digital borrowing, also known as online lending or peer-to-peer lending, refers to the practice of borrowing money through online platforms instead of traditional financial…

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