- For people below the 90th percentile of wage earners, real wages have been flat over the last 20 years and down since the financials crisis of 2009 between 2007 and 2013
WHO WE SERVE
Traditional approaches to non-prime credit in the United States have failed. Sustained economic trends have left a significant portion of the adult population with flat or lower wages, less savings and few credit options. Banks and other mainstream lenders have not innovated to serve this large and growing market. We believe our products help solve this problem by providing responsible and transparent credit options.
We believe that non-prime consumers need access to credit that is transparent, responsible and fairly priced to the risk. Our products are competitively priced and convenient without hidden fees. In addition, the rates do go down over time as customers develop credit with us and we reported to credit bureaus. We believe this approach is the right thing to do and will result in a more successful long-term relationship with our customers.