Mentioned Companies:

Green Dot Money Online Marketplace

The fourth largest prepaid card issuer in the U.S., Green Dot, sees an opportunity to earn revenue by matching current and former customers with lenders offering products to people with little or no credit histories or with subprime credit scores. It has launched Green Dot Money, an online marketplace, to offer loans in 46 states. The loans will be made by third-party lenders that are members of the marketplace. Green Dot will not fund the loans or participate in underwriting them. It will be paid a fee by the lenders when new loans are successfully funded. All lenders are licensed by state...

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June 2016
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