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Podcast: How to Lend Money to Strangers
Episode: Purposeful BNPL in an emerging market, with Mark McChlery (PayJustNow)
Description: My career in consumer credit started in South Africa, a little over twenty years ago, when making access to credit fairer for the lower tiers of the economic pyramid meant investing resources to build better credit scores so that we could bring our rates below the statutory maximum. We were young and idealistic, but still, by starting with a lender’s mindset we figured that the answer lay in an iteration of small improvements that might bring APRs down little by little.And perhaps, if I was asked then where rates would be today, success would have se...