Across the U.S. and around the world, too many people lack the tools and resources to manage their daily financial lives, whether for unexpected emergencies or to plan for the future. Instead they rely on costly non-bank financial services, such as payday loans or check cashing outlets, resulting in billions spent in fees and interest each year. This destabilizes households and has a negative impact on entire economies. We are committed to supporting efforts to address this global problem.
LendStreet Founder & CEO Jerry Nemorin.