• Posted By BrettKing
    Saturday, March 18 2017 at 12:38 PM
    I don't see any evidence that Grameen, Lenddo, Lendup and many others are resulting in financial exclusion because of their algorithms, in fact, the data we have through the CFSi clearly shows the opposite, that alternative lenders based on social credit scores are definitely better distributed demographically. If you're talking LendingClub, as they've scaled I think there's been a normalization only because of the banks who underwrite their loan pool. However, this is not a trend