Mack Steed’s Post

Highest intent and quality of potential borrowers on the market today. The FFX doesn't have borrowers with stated income and stated rent/mortgage payments. We took it a step further to verify it. Connecting their bank account allows us to verify the cash flow of each potential borrower. The FFX is changing the lending industry, we invite lenders of all size to reach out to have a possibility to join this monumental exchange. We see the gaps and problems with the lending industry today, we are all in on making a change. We lay our RIKI report on top of the bank data showing data driven proof of ability to pay. Not every 750 FICO is a good person to lend to, the same way that not every <650 is a bad person to lend to. We aim to lessen the gap of who lenders lend to, while lowering delinquency rates at the same time. With the data we have so far, we have proven that a borrower with a 500-650 FICO with a great RIKI score has a lower delinquency rate than that of a 750 with a poor RIKI score. Let's open the aperture together. Let's change the way traditional lending has always worked. If you are a lender and looking to make a change in the financial industry, reach out and let's discuss the possibility of joining the FFX! #lendingsolutions #lending #lendingtrends #financial #financialfuture #finance