Published in TZ Latest News
4 April, 2017 by The TZ Newswire Staff
Financial Services For The New “Average” Consumer
For a lot of Americans, mainstream financial services represent a menu full of goods that aren’t desirable, aren’t affordable or just aren’t applicable. And this isn’t through any fault of their own — the marketplace has changed. Consumers who used to work 9-5 jobs are now gig economy workers; consumers who used to get credit cards in college are now graduating without ever having used mainstream credit.
The traditional consumer, who banking systems are built for, is no longer the average consumer in many regards, according to LendUp CEO and Co-Founder Sasha Orloff.
read more
Published in TZ Latest News
4 April, 2017 by The TZ Newswire Staff
Financial Services For The New “Average” Consumer
For a lot of Americans, mainstream financial services represent a menu full of goods that aren’t desirable, aren’t affordable or just aren’t applicable. And this isn’t through any fault of their own — the marketplace has changed. Consumers who used to work 9-5 jobs are now gig economy workers; consumers who used to get credit cards in college are now graduating without ever having used mainstream credit.
The traditional consumer, who banking systems are built for, is no longer the average consumer in many regards, according to LendUp CEO and Co-Founder Sasha Orloff.
read more