Study of Digital Lending & Borrowing Patterns Among Students in Fintech Space

Abstract—The rapid evolution of financial technology (FinTech) has significantly transformed the lending landscape, especially for students seeking accessible credit. This study examines digital lending and borrowing patterns among students, focusing on their motivations, financial literacy, and interaction with technology-driven credit platforms. Using a structured survey of college and university students, the research explores key variables such as borrowing behavior, repayment trends, awareness of loan conditions, and preferred digital platforms. The findings reveal a surge in the use of online lending solutions, but also highlight notable gaps in financial knowledge, repayment discipline, and responsible borrowing. The study emphasizes the need for targeted financial education, transparent loan structures, and student-specific fintech lending models. Policy recommendations are offered to promote sustainable financial practices and improve student well-being within the digital credit ecosystem. Keywords—FinTech, Digital Lending, Student Borrowing, Financial Literacy, Credit Access, Loan Repayment, Financial Inclusion