How side projects can drive new business | Sasha Yanshin, Strategy Desk
Searching for Mana with Lloyd Wahed
00:00
How to Lender to Near Prime Customers
If you look at the industry as a whole, typically talking 15 to 25% per year bad rates so it means like 15% per year would default and not pay you back. But if everybody who they gave credit to didn't default, all of a sudden of which there is clearly this ratio that do, are they still profitable? Or are they in essence profitable because they're reliant for the defaults? That's ultimately what it boils down to. And so the issue, I guess the issue there is, I think their business model is pretty ethical in the sense that they provide a service that is worthwhile to the customers and is fair in terms of the pricing level. These customers can migrate to
Transcript
Play full episode
