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Todd Schwartz, CEO & Founder of OppFi - Helping underbanked consumers gain access to credit

Wharton FinTech Podcast

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What Are Some Options Out There in Payday Loans?

15 to 18 percent of the U.S. population had lack of credit access or were underserved in an unsecured, you know, consumer lending world. Most of these people actually have bank accounts with big four banks like Wells, Bank of America Chase, but they don't get lent to by the bank. "There's really nothing in between that's like a fair transparent and has a brand around it," he says.

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