EPISODE · Mar 14, 2018 · 24 MIN
This fintech is on a mission to eliminate payday lending
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.
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This fintech is on a mission to eliminate payday lending
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This episode was published on March 14, 2018.
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