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Home > American Banker Podcast > This fintech is on a mission to eliminate payday lending
Podcast: American Banker Podcast
Episode:

This fintech is on a mission to eliminate payday lending
Category: Business
Duration: 00:24:40
Publish Date: 2018-03-14 15:45:27
Description:

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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