3 ms·
this is pretty solid actually, ill have to check it out. edit, i checked it out. so 1) its no open to sign ups, and 2) you have to have pretty stellar credit
by wheelerwj 10y ago
this is pretty solid actually, ill have to check it out.
edit, i checked it out. so 1) its no open to sign ups, and 2) you have to have pretty stellar credit to even be considered. so that leaves out most people.
- discreditable 10y agoDang, I didn't know about the signup thing. I hopped on when they had an open beta period. (Kinda weird to say that about financial services!)
- arfrank 10y agoThere are a tons of reasons to keep our signups closed for now. One non-obvious reason to most people is that it costs us money to lend out money to customers. Theres a ton of others we're working on solving in parallel too
- arfrank 10y agoEmail me at aaron@getfinal.com and we can get you a code to apply :) We're working on broadening our underwriting criteria, but this is a complicated business overseen by an incredible amount of regulation, while also taking risk when we issue new lines of credit. Large banks throw around a lot of $ to make it work (a lot in this statement), but to start a new provider takes a lot of tactical decisions and iteration to grow in a safe and sustainable way.