15min chapter

Fintech Takes cover image

S7 E5: Fintech Recap: Tipping is Bullshit, Synapse’s Final Chapter, & Pay By Bank’s Intriguing Future

Fintech Takes

CHAPTER

Regulatory Landscape of Income Share Agreements

Delving into the regulatory complexities of Income Share Agreements (ISAs), this chapter examines California's stance on licensing and lending regulations, with an unexpected nod from the CFPB. It discusses the deceptive practices of a company named BloomTech in marketing ISAs and the importance of proper design for student-centric ISAs in education financing. The chapter also critiques federal student loan systems and regulatory frameworks affecting innovative financial products like ISAs.

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