4 ms·
> Whoever can find more borrowers at the edges gets plenty of short term profitable business Also, long term profitable business. See: Capital One. Yes, they l
by bernardom 12y ago
> Whoever can find more borrowers at the edges gets plenty of short term profitable business
Also, long term profitable business. See: Capital One. Yes, they lend for individuals, not businesses, but the majority of their card customers are on the low-end of the spectrum.
Here's an old (2012) article with context: http://www.nytimes.com/2012/04/11/business/lenders-returning-to-the-lucrative-subprime-market.html?pagewanted=all http://www.nytimes.com/2012/04/11/business/lenders-returning...