Inside Fintech’s Newest Unicorn: A Credit Card Backed By Your Home

Рет қаралды 10,087

Күн бұрын

Aven has hit a $1 billion valuation and is backed by big-name investors. But is it a good idea?
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Пікірлер: 36

@Apolloneek Ай бұрын

Yay so they can take your house when you default !

@dustindeboer5296 Ай бұрын

Sounds like an awful idea

@arian_moreno83 Ай бұрын

Remember when we couldn’t believe people were buying cars and TVs with their HELOCs. Lipstick on a pig.

@bakmyster Ай бұрын

Sounds like a vulture circling home owners unwilling to sell their homes to wall street

@thegreat9481 Ай бұрын

Who you think financed the purchase? You serious? Lol

@bakmyster Ай бұрын

@@thegreat9481 I don't argue on the internet. Thank you for your comment

@thegreat9481 Ай бұрын

@@bakmyster who do you think financed the purchase? Who are homeowners paying every month? What happens when they don’t? Lmao 🤡

@thegreat9481 Ай бұрын

@@bakmyster You can’t answer a simple question? Oh it requires thinking. 💭

@chuku531 Ай бұрын

This is definitely not a good idea

@Go-Getter Ай бұрын

Comment section is full of people who are complaining that people are willing to use their equity to get cash, but get upset when if the lender is forced to act due to the borrower not fulfilling their obligations. Unbelievable. This is a great product for some, and it'll force traditional banks to bring more to the table when it comes to equity loans and lines.

@philb6079 Ай бұрын

Good comment. They did say this is not for the irresponsible.

@shanghaidiscovery2664 Ай бұрын

what a stupid idea (for consumers).... spend your savings on things you don't need! and risk your home

@denisgut Ай бұрын

Gen Z just discovered loans secured by house 😂

@dejesusmorrobel1201 Ай бұрын

If there is a need, there is a product.

@trinitytythegiftcardguy Ай бұрын

this is definitely not for those who are fearful, ignorant, and most likely risk-averse which is okay. It's a choice at the end of the day

@bullforcetrading9995 Ай бұрын

Why would anyone in their right mind sign up for this? Furthermore, people who they claim to target with 720 > credit scores and high income can get the lowest rates on loans and credit cards to begin with unsecured.

@stompgrounds Ай бұрын

It’s only a matter of time before competitors are started who offer this to subprime borrowers. I’d give it another 10 - 15yrs before the bubble bursts and thousands of homes are introduced into to the market at a significant discount. I’ll probably set some funds aside for that moment.