2min chapter

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Every Company Is a Fintech Company

a16z Podcast

CHAPTER

Data Science and Machine Learning Can Help Payday Lenders

Almost eighty million americans have credit scores below six, the point at which rates can dramatically crease. Data science and machine learning can also help us stand the best signals for determining one's willingness and ability to pay. Companies are using even more creative data types to effectively predict loan repayment. Such data shifts affect not only how money flows around debt, but around income too....

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