Getting manage-become borrowers with little credit score, delivering financing might be a horror. However, you to very important selection of individuals try younger, well educated, and entrepreneurial-and you can would probably getting favorable borrowing from the bank threats. Techonomy expected Dave Girouard to answer questions about just how credit platforms such as for example Upstart might help dealers and you can consumers the same.

To have perform-getting individuals with little to no credit history, providing that loan will likely be a headache. But one to very important selection of applicants is younger, well-educated, and enterprising-and you will may possibly be positive borrowing dangers. Dave Girouard, President of your online peer-to-peer credit system Upstart, believes use of capital is key to young mans jobs.