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daniel December 23, 2020December 23, 2020 Are Online Lenders Enjoying Opportunity of a Lifetime in the COVID-19 Crisis?, Best Opportunity for Online Lenders, fintech loan providers, How Will the Situation Change Now That a Vaccine Is Here?, Is This the Best Opportunity for Online Lenders or the Beginning of the End?, Online Lenders, Online Loans and Mortgages, The COVID-19 Crisis Impact on Online Loans and Mortgages, the delivery of micro-loans

Are Online Lenders Enjoying Opportunity of a Lifetime in the COVID-19 Crisis?

There is also a matter of lockdowns to consider. All financing institutions operating through brick-and-mortar stores were affected by lockdowns and other restrictions as deeply as everyone else. They also had to reallocate their resources and offer relief to employees. They also had to restructure their entire business model in order to keep offering services. The loss of customers was unavoidable at that point.