Remove Financial Systems Remove Forecasting Remove Leverage Remove Math
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Petal CEO: Using Cashflow — Not FICO — To Issue Credit Cards

PYMNTS

Petal wants to change the math on how consumers gain access to credit – and turn the tables on how creditworthiness is assessed. Instead, he noted, the tool is designed without fees, with a goal of making customers more likely to pay – and pay on time – by helping to educate them about how to be better financial managers on the whole.

Math 53
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Transcript: Rick Rieder

Barry Ritholtz

You know, people are comfortable, leverage builds. You know, the leverage in the system builds. You don’t know where, and you know, their forecast — RITHOLTZ: That goes back to your sense that you need the ability to surprise when necessary. How are we doing in literacy versus math versus science?

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Transcript: Ed Hyman

Barry Ritholtz

He is one of those people who focuses on figuring out what’s happening here and now, and is less concerned about making forecasts about the future. I’d been ranked i i back in the seventies, if you can do the math. So, so let’s talk a little bit about forecasts. Ed is a fascinating guy. His clients adore him.