Alex Lintner

You can do it on your phone so it doesn't listen to it and you can do it with us.

The bigger answer I have is the following.

And this is...

Based on research, this is an absolute truth proven over many decades, and that is that prosperity for a family and prosperity for an individual is strongly linked to access to credit.

In other words, you can look at countries that don't have access to credit like we have here in America, and you can look that their economic evolution lags behind that of the United States.

You can look at families where maybe the parents didn't have access to credit and therefore they couldn't do what now their children can do who have access to credit.

Or you can look at an individual of how fast do they advance because credit allows you to pay forward.

your earning power and your ability to repay a loan and therefore make investments that then can be accretive to your wealth.

So put it in another way, if a lender would not have information about an individual, Alex or Nilay, they cannot make a decision about whether they're going to lend money for you.

And let's be clear, lending is one of the riskiest businesses there are.

Let me describe it in the following way.

look at you, Nilay, and I ask you a couple of questions about, you know, have you had a couple of loans before?

What do you want to do with the money?

How are you going to pay me back?

And then I decide whether you're a good guy, worthy of getting this loan or not.

Well, if I give you the money,

At that point, I'm in the risk because the money leaves my account, the lender's account, goes into your account, and you can do with money as you please.

So it's a very high-risk business.

So the lender needs to have the information in order to make the decision.

You, the consumer, need access to credit because it will advance your standard of living, your quality of life, and your wealth creation.