Fintech Companies Providing Options for Subprime Consumers
The subprime consumer has traditionally had few good options when it comes to credit. But with fintech companies like LendUp, Fair Square Financial and Elevate Credit focusing on the segment there are more responsible credit options for this population than ever before. While banks like Capital One have a large portfolio of subprime credit cards the aforementioned fintech companies are also offering competitively priced credit cards as well as short term loans. Source.