Finance
Finda says demand for car-backed loans rises as banks tighten lending
Fintech company Finda said demand for car-backed loans is expanding as bank lending becomes harder to access. As of December 2025, car-backed loan checks accounted for 26.23 percent of approved credit-limit inquiries on the Finda app, and January 2026 set a monthly record for such checks. Finda said contracted amounts and completed contracts have risen since October 2025. It also reported sharp growth in the number of partner products and financial institutions.
