Assertion Supported AI assessment confidence: 95% certainty 5/5 debate potential 1/5

Gutierrez: Progreso Financiero issued over 500,000 loans with single-digit losses

James Gutierrez · James Gutierrez, Insikt // Data Driven #27 // May 2014 (Hosted by FirstMark Capital) · May 29, 2014 · at 14:29

This episode carries James Gutierrez's own address, with nobody on the show putting questions to them. It still counts as said, and it is kept out of every score on their page.

James Gutierrez, founder of Progreso Financiero (now Oportun) and Insikt, discusses the historical underwriting performance of his first lending company.

0:00 / 0:11exact quote · 11.1s
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“We actually lent to all of these people over 500,000 loans, and we did it with single digit losses, so we're, you know, we're pretty proud of ourselves there.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from James Gutierrez

Prediction Not checkable as stated
Gutierrez: Technology companies will replace traditional banks as future primary lenders
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James Gutierrez May 29, 2014 ▶ 4:52 James Gutierrez, Insikt // Data Driven #27 // May 2014 (Hosted by FirstMark Capital)
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Gutierrez: The most valuable credit underwriting data comes from booking bad loans
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James Gutierrez May 29, 2014 ▶ 9:47 James Gutierrez, Insikt // Data Driven #27 // May 2014 (Hosted by FirstMark Capital)
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Gutierrez: Credit Card Act slashed addressable credit card market to 17%
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James Gutierrez May 29, 2014 ▶ 1:04 James Gutierrez, Insikt // Data Driven #27 // May 2014 (Hosted by FirstMark Capital)
Assertion Partly supported
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Assertion Supported
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Insight
Gutierrez: Lenders need roughly 1,000 defaulted loans to build a risk model
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James Gutierrez May 29, 2014 ▶ 10:46 James Gutierrez, Insikt // Data Driven #27 // May 2014 (Hosted by FirstMark Capital)
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