Scott Sanborn
👤 SpeakerAppearances Over Time
Podcast Appearances
So things that insurance doesn't pay for, but you wanna do and you wanna do right away.
Private school, education, that's another one.
So home improvement is sort of a next adjacency.
People right now are staying in their homes longer.
75% of Americans, their mortgage rate is under 5%.
They're not going anywhere.
And the homes are getting older.
So the homes need to be invested in.
They need to be improved.
So effectively enabling home improvement through an unsecured loan where, again,
We are controlling the use of proceeds.
We can pay the supplier.
We can pay the contractor.
We've got the capability through an acquisition we announced to disperse this in phases to multiple parties.
So we're really excited to kick that off.
I'd say the consumer we serve is demonstrating themselves to be remarkably resilient.
I hear that a lot.
But we'll acknowledge the sentiment isn't great.
We'd love to.