wait so there's a new startup bank that will pay for $5,000 medical bills, groceries, rent......and u *don't* have to pay it back?? ummmm what???
-
-
(For example, if you model early adopters of a new app-based banking product as likely to skew young, that as an actuarial matter likely decreases their risk. If they're well-educated, professionals, or own iPhones, that actuarially decreases their risk. etc, etc)
-
The big questions are going to be a) whether you're allowed to continue doing this, b) what your expected losses per account are (at $50 each it's like buying the client a toaster, right; clearly survivable if you're actually their primary checking account afterwards), c) risk.
- 1 more reply
New conversation -
-
-
Patrick we do only accident insurance! Its only for medical emergencies!
-
Love to jump on a call and tell you more!
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.