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Why consumers’ financial literacy is a matter of survival for banks

Why consumers’ financial literacy is a matter of survival for banks
February 18, 2022 | 1min Read

Is the banking industry doing enough to encourage financial literacy? The average American borrower seems to be lacking the know-how to manage their debt. Spinwheel CEO Tomás Campos offers up his insight into how banks can help bring about a more confident, financially-minded way for borrowers to have a better debt experience. Read the article.

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About the author: Spinwheel is on a mission to make it easier to manage debt. Our Loan APIs make it easy to embed consumer loan data, including credit card debt, student loans, personal loans, auto loans, and mortgages, directly into your app or product. With just one connection, you'll be able to help your business and your users improve financial outcomes. We call this Better Debt. Read More >

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