Dave Wasik

Dave Wasik, a partner at Second Order Solutions with expertise in credit risk and consumer lending, discusses the evolving landscape of lending. He highlights persistent delinquency rates and the resilience of credit cards, emphasizing their clear benefits and issuer concentration. The conversation delves into the concerning shift of Buy Now, Pay Later (BNPL) from big-ticket items to everyday expenses, alongside the risks posed by private credit's rapid growth and lack of transparency. Finally, Dave shares insights on the future of credit scoring systems.