There are 245 million Americans over 18 years of age and the Federal Reserve says that more than 50% are either considered to be subprime credit customers or are not able to be given a credit score by the existing system because they have thin or no credit profiles. This group includes young people who can obtain credit with help from a cosigner. Those consumers can build a credit profile using card and loan products at mainstream prices. For all others in this group, the only credit products are subprime credit cards, payday loans, and automobile title loans, which have higher finance charge ...