Fintech
DailyFunding cuts platform fees up to 50 percent for mid to low credit borrowers
DailyFunding said on Tuesday it has expanded its inclusive finance policy to support the economic stability of mid to low credit borrowers. It will cut platform fee rates by up to 50 percent for borrowers whose income has fallen and interest rates have risen during loan extension screening. It will also offer preferential interest rates of up to 1 percentage point for some borrowers with improved credit scores or higher income.