A Financial Safari
Max Oulassevich
Created on February 23, 2024
Do this quest to check how well you have learnt the materials in Chapter 3 "The Emergence of Finance"
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Transcript
A Financial Safari
It's dog eat dog out there on Wall Street! Do the quest to prove yourself a savvy financier
Terminology for lending & borrowing
US personal loan market
Russian personal lending market
Student loans
Private banking
Borrowing products
Crossword on Borrowing & lending
Pop up quiz on size of borrowing amounts
Learn about the market and answer the questions
Learn about Coutts then answer the question
How important are student loans to SoFi?
Has the Russian personal loan market grown?
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Answer the questions about SoFi's Q3 2023 results
- Read the statistics about the US personal loan market and answer the questions
Americans own more personal loan debt today than ever before. Total personal loan debt peaked at $519.5 billion in the third quarter of 2022, a 19% increase from the previous year
Personal Loans in the US
According to the Bank or Russia, the number of borrowers reached 47 million in H1 2023. Average unsecured lending amounted to 930,000 per borrower (personal loans and credit cards).
Click on the report to read about trends in personal lending in Russia.
- Click on the video to watch SoFi CEO, Anthony Nato, discuss the company's Q3 2023 results
- Then go to the next button to answer the question about the importance of student loans to SoFi's Q3 results
SoFi is an American online personal finance company and online bank. SoFi offers a one-stop shop for financial services that, through its Lending and Financial Services products, allows members to borrow, save, spend, invest and protect their money.Learn more about SoFi here:
- Visit the Coutts website to find out how much money you need to invest, borrow or deposit to open an account with them
How much money do you need to have to open an account with Coutts?
Private banking