The longest running one-on-one interview show in all of fintech, since 2013
The longest running one-on-one interview show in all of fintech, since 2013
The longest running one-on-one interview show in all of fintech, since 2013
For young adults just starting out in life or immigrants arriving to this country, there is no clear path to establishing a credit history. I know for myself, arriving in this country 29 years ago, I was rejected for a $500 credit limit card time and time again. For many people it is a catch-22, you can’t get credit because you have no credit history. This may be about to change.
One of the challenges that has plagued consumer lenders over the years is that when times get difficult some consumers do much better than others. There are even large variances in people who have the exact same credit score. There are lots of ways to get a 680 credit score and these people will all behave in a similar way when economic conditions are benign but differently during a recession.