Credit Ratings Are a Good Choice for Black Consumers

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I was struck by just how aware they are of their customer and how financial products can't be really harmful. It is a natural consequence that we don't look at traditional credit scores and na credit data as much. There's plenty of great people across many, many underrepresented groups. And so i oknow, i would lie if i said it, it it doesn't make me happy, you know, maxit.

After PayPal sold to eBay in 2002, Max Levchin could have relaxed on a beach for the rest of his life. But that’s not the kind of person he is. He isn’t happy unless he’s coming up with new ideas and building companies – so much so that he actually fell into a dark place after leaving PayPal. He didn’t fully find himself until years later, when he rediscovered his passion for the “hard, valuable, fun” problems of fintech. Now, Max runs another billion-dollar company: Affirm, a “buy now, pay later” service that’s transforming how we purchase things on credit. This is the second part of a two-part conversation with Max; to hear the story of PayPal, be sure to listen to part 1!

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