So what is the next frontier in lending? According to PayPal cofounder Max Levchin, it might just be finding better ways to handle student debt for those who want to go into coding. Levchin’s latest startup — lending-focused Affirm — has set its sights on student...
April 17, 2024
The Consumer Financial Protection Bureau (CFPB) has issued an order against coding bootcamp BloomTech, also known as the Bloom Institute of Technology, and its CEO, Austen Allred, alleging that they deceived students about the real cost of loans and made false claims about the hiring rates of the bootcamp’s graduates. The order permanently bans BloomTech from all consumer-lending activities; bans Allred […]
July 15, 2015
So what is the next frontier in lending? According to PayPal cofounder Max Levchin, it might just be finding better ways to handle student debt for those who want to...