34 min

SoFi Joins the No FICO Zone and Brings Fairness to Lending No Debt, No Credit, No Problems

    • Investing

When I say “No Debt, No Credit, No Problems”, what do you think about?

NO DEBT – YEAH! I could go for that.

NO CREDIT – Whaaaaaaa? You gotta have credit!

NO PROBLEMS – Wait, what kind of riddle is this?

Well, the times – they are a-changin’. You do NOT need to focus on your credit to be successful or to even qualify for a mortgage.

In fact, the traditional creditworthiness measures are under fire because enough people are finally coming to the realization that the Emperor Has No Clothes!

Some of them are abandoning the one-sided measurement of debt system developed by FICO, which has been around for at least three decades.

Today, we talk about a broken piece of the financial system and what one company is doing to bring fairness to the marketplace.



Click here to view the detailed Shownotes at SteveStewart.Me!

 



The No Debt, No Credit, No Problems Links Bar:

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Don't Forget to Rate this Podcast on iTunes!

The ultimate success for every podcaster - is FEEDBACK! Be sure to take just a few minutes to tell the hosts of this podcast what YOU think over at iTunes! It takes only a few minutes but helps the hosts of this program pave the way to future greatness!



Not an iTunes user? No problem! Be sure to check out any of the other many growing podcast directories online to find this and many other podcasts on The 2GuysTalking Podcast Network!



 

When I say “No Debt, No Credit, No Problems”, what do you think about?

NO DEBT – YEAH! I could go for that.

NO CREDIT – Whaaaaaaa? You gotta have credit!

NO PROBLEMS – Wait, what kind of riddle is this?

Well, the times – they are a-changin’. You do NOT need to focus on your credit to be successful or to even qualify for a mortgage.

In fact, the traditional creditworthiness measures are under fire because enough people are finally coming to the realization that the Emperor Has No Clothes!

Some of them are abandoning the one-sided measurement of debt system developed by FICO, which has been around for at least three decades.

Today, we talk about a broken piece of the financial system and what one company is doing to bring fairness to the marketplace.



Click here to view the detailed Shownotes at SteveStewart.Me!

 



The No Debt, No Credit, No Problems Links Bar:

  Subscribe via iTunes |    Subscribe via RSS Feed |   Facebook Page |   Twitter Page



Don't Forget to Rate this Podcast on iTunes!

The ultimate success for every podcaster - is FEEDBACK! Be sure to take just a few minutes to tell the hosts of this podcast what YOU think over at iTunes! It takes only a few minutes but helps the hosts of this program pave the way to future greatness!



Not an iTunes user? No problem! Be sure to check out any of the other many growing podcast directories online to find this and many other podcasts on The 2GuysTalking Podcast Network!



 

34 min