I wonder if that is actually a good idea for disruption that could also do a lot of good for underbanked and underprivileged. Looks like Pipe offers a trading

I wonder if that is actually a good idea for disruption that could also do a lot of good for underbanked and underprivileged. Looks like Pipe offers a trading platform to bid and buy something kind of like a collateralized 'bond' (future monthly income). I would assume you could bring the 'spread' down and thus the pay day borrower gets a lower interest rate (is spread the right word?) Given the huge profit of predatory lenders there is room to lower rates. Definitely big challenge that might not work is how to assign a risk rating to a single human with no banking/credit history. Maybe another idea could use ML & more consumer data to create fairer & more predictive credit ratings.