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Why the middle class needs better credit options

Posted at 12:47 PM, Apr 27, 2018
and last updated 2018-04-27 15:47:30-04

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.