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late fees

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Apr 13, 2026 by Max Levchin · across every show →

Everything said about late fees, oldest first

Apr 13, 2026 negative
Assertion Not checkable as stated
Most US Banks Derive Disproportionate Income From Late Fees
“I never looked in a little while, but majority of American banks derive a disproportionate percentage of their income from late fees”
Max Levchin Apr 13, 2026 ▶ 54:01 Max Levchin: “The Net IQ of the World Is About to Go Up 50 Points” · Sourcery with Molly O'Shea
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