Did you know over two-thirds of Americans aren't able to go to their own bank and get a personal loan due to their low credit score? As banks have closed off traditional pathways to access credit, many Americans are forced to use other options, including predatory payday loans. Elevate CEO Ken Rees discusses how financial technology is working to transform this industry and serve this underserved group.
Did you know over two-thirds of Americans aren't able to go to their own bank and get a personal loan due to their low credit score? As banks have closed off traditional pathways to access credit, many Americans are forced to use other options, including predatory payday loans. Elevate CEO Ken Rees discusses how financial technology is working to transform this industry and serve this underserved group.
Posted at 12:47 PM, Apr 27, 2018
and last updated 2018-04-27 15:47:30-04
Copyright 2018 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
