FinTech Lending with LowTech Pricing
New analysis signifies that FinTech lending has not been as ‘disruptive’ in risk-based pricing as claimed. Whereas FinTech has offered elevated mortgage entry to some people, reliance on conventional credit score scoring and spillovers from banking laws results in mispricing and cross-subsidization of debtors. The authors counsel alternate options to allocate capital effectively and enhance … [Read more…]