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BNPL Is Here to Stay

2 pointsby rmestersover 3 years ago

1 comment

rmestersover 3 years ago
Many BNPLs emphasise that they don't require a credit check. This is fascinating.(1) It highlights how big of a problem credit bureaus are (i.e. there's a significant-enough group of people that want to bypass credit checks to get a loan) and (2) it shows how you can totally build a lending business that doesn't need "traditional credit data".