Wow. This is amazingly innovative and scary. The "flexible" mechanism could unwittingly lead to very high APRs. That they get the money before it gets deposited

Wow. This is amazingly innovative and scary. The "flexible" mechanism could unwittingly lead to very high APRs. That they get the money before it gets deposited to your bank account (and used for other expenses or withdrawn prior to bankruptcy) and the application is instant-- wow. In two years or less, Chase and other innovative banks will be hitting Stripe APIs and emulating this. But they will never match the ease exactly and they will never have first dibs on the revenue.