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This fintech is on a mission to eliminate payday lending
Manage episode 511568158 series 1257446
Ken Rees, the CEO of fintech online lender Elevate Credit, explains why payday lending is the roach motel of financial products -- "you check in and it's very difficult to check back out" -- and how his company helps subprime consumers become creditworthy. Also, he shares why his company gives $500 to each employee to buy a bicycle.
382 قسمت
Manage episode 511568158 series 1257446
Ken Rees, the CEO of fintech online lender Elevate Credit, explains why payday lending is the roach motel of financial products -- "you check in and it's very difficult to check back out" -- and how his company helps subprime consumers become creditworthy. Also, he shares why his company gives $500 to each employee to buy a bicycle.
382 قسمت
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