How Figure and Method closed the loop on debt consolidation and cut delinquency in half

Summary

Debt consolidation has always rested on a promise lenders couldn’t verify. A borrower takes out a HELOC, says they’ll pay off their credit cards, and the lender hands over the cash and hopes for the best. Credit bureau data lags by 30 days. There’s no mechanism to confirm the debt actually got retired. And a … Continue reading "How Figure and Method closed the loop on debt consolidation and cut delinquency in half" The post How Figure and Method closed the loop on debt consolidation and cut deli

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