Sloppy Payer

topic on 1 show · 1 statements across 1 episodes

How I Built This

1 statements about Sloppy Payer, every show

Levchin: Traditional credit companies treat solvent late payers as revenue opportunities
“If you are, what's in the industry is evocatively called a sloppy payer, which is someone who generally pays their bills, but are almost never on time. The normal financial industry behaviors say, great, you're a fantastic revenue opportunity. You have the mon…”
Max Levchin Jun 20, 2022 ▶ 36:26 Affirm: Max Levchin (Part 2 of 2)

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