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Home » Fintech Upgrade moves into auto loans as many banks abandon them

Fintech Upgrade moves into auto loans as many banks abandon them

Upgrade Inc. will offer consumer auto loans for the first time

Bloomberg NewsbyBloomberg News
August 31, 2023
in Technology
Reading Time: 2 mins read
0
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© Can Stock Photo / Keo

Upgrade Inc. will offer consumer auto loans for the first time, jumping into a business that some banks have been abandoning because of credit-quality concerns. The fintech plans to target “all types of consumers,” including those with FICO scores as low as 580, the San Francisco-based company said in a statement. Upgrade, which already offers […]

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