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article imageStudy: Many Americans would consider getting a Walmart mortgage

By Owen Weldon     Dec 4, 2012 in Business
According to a financial services study, one in three consumers in the U.S. would consider getting a mortgage from retailer Walmart.
According to the Huffington Post, the study's results, which were released Monday, may leave some banks feeling unsettled because Walmart does not even offer mortgages.
According to BizJournals, the study also revealed that half would also consider a mortgage from online payment provider PayPal.
According to US Banker, even though 81% of consumers did express that they were satisfied with banks, 56% of consumers did blame slow execution as one of the most irksome aspects of applying for a mortgage. 32% said that lenders were difficult to communicate with, and 31% said that they were not able to track the status of their mortgage application.
As of now, neither PayPal or Walmart has issued a comment about the study.
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