TOKYO -- An influx of new customers is increasing the risk of bad loans for Japan's consumer finance industry, while lenders face higher funding costs as interest rates rise.
Finance
Japan consumer lenders brace for bad debt on 'revenge spending'
Higher interest rates drive up costs for industry used to cheap funding
Many new consumer finance customers are making up for shopping opportunities lost to the pandemic. (Photo by Yo Inoue)
Read Next
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Finance
