Tagged: elevate

Elevate Unveils Prime Credit Card for Non-Prime Consumers

Elevate Credit, Inc. (Elevate), a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Thursday the launch of its Today Card, powered by Mastercard, for non-prime consumers. According to Elevate, as the first non-prime credit card with a full suite of… Read More

Elevate: Providing Responsible Credit to Non Prime Lenders

Recently, CI had the chance to speak to part of the team from Elevate (NYSE: ELVT) – an online lender that is servicing the non-prime market. As most people are aware, a prime borrower has a lot of options in the marketplace from both from traditional financial… Read More

Elevate Announces Partnership with Mastercard on Credit Card Product for the “New Middle Class”

Elevate Credit, Inc. (Elevate), a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Wednesday it is collaborating with Mastercard on the development of a new credit product to expand financial opportunities for the approximately 160 million Americans with low… Read More

Elevate Milestone: Customers Have Saved More Than $3 Billion Over PayDay Loan Alternatives

Elevate Credit, Inc. (Elevate), a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Monday its customers have saved more than $3 billion to date, versus what they would have paid for payday loans. $1.3 billion was saved in 2017… Read More

Elevate Announces Full Year 2017 Results

Elevate Credit, Inc., a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Thursday its full 2017 results. According to CEO of Elevate, Ken Reese, the company ended its first year as a public company with a strong loan growth… Read More

PayPal CIO Bradley Strock Joins Elevate’s Board of Directors

Elevate Credit, Inc., a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Thursday that PayPal CIO Bradley Strock has joined its Board of Directors. This news comes just days after the company announced it appointed former PayPal and loanDepot executive… Read More

Elevate Appoints Former PayPal & loanDepot Executive Brian Biglin as Chief Credit Officer

Elevate Credit, Inc., a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Monday it has appointed former PayPal and loanDepot executive, Brian Biglin, as its new Chief Credit Officer. According to Elevate, Biglin has nearly 25 years of leadership in the… Read More

Elevate’s Rise Product Surpasses $300 Million in Outstanding Loans

Elevate Credit, Inc., a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Wednesday its RISE product has surpassed $300 million in total outstandings, with more than 130,000 open accounts. According to Elevate, RISE is a state-licensed online lender offering… Read More

Elevate’s RISE Product Now Offering Lines of Credit in Tennessee

Elevate Credit, Inc., a tech-enabled provider of online credit solutions for non-prime consumers, announced on Wednesday its RISE product is now offering lines of credit in the state of Tennessee. This news comes just after the product’s successful line of credit launch in Kansas and it makes Tennessee the 17th state that… Read More

Elevate Reports: Customers Have Saved More Than $2 Billion Thanks to Tech-Enabled Underwriting

Elevate Credit, Inc., a tech-enabled provider of online credit solutions for non-prime consumers, announced on Tuesday its customers have saved more than $2 billion, versus what they would have paid for payday loans. The company reports that $613 million of these cumulative savings were incurred… Read More

Elevate Report: Too Many Gen-Xers Lack Financial Stability

Elevate (NYSE: ELVT) is out with a report stating that members of Generation-X, the rapidly aging population that followed the Boomers, born between 1965 and 1980, are facing economic challenges that constantly keep them off balance. Yes, Baby Boomers do suck. They Hoovered up all of… Read More

Elevate Reports Net Income of $3 Million on $150.5 Million in Revenue

Money Benjamin Dollars 100

Elevate Credit (NYSE: ELVT), a non-prime online lender, is out with its Q2 numbers. Elevate only began trading on the New York Stock Exchange this past April. According to the company, revenues for the quarter totaled $150.5 million – an 18.7% increase versus year prior… Read More

Elevate Announces Launch of Elevate Labs At New San Diego Analytics Center

Elevate Credit (NYSE: ELVT), a provider of online credit solutions for non-prime consumers, announced on Monday the launch of Elevate Labs at its new San Diego-based Advanced Analytics Center. This news comes just a couple of weeks after the company revealed its Elastic product surpassed $200 million… Read More

Elevate Credit Tops $200 Million in Outstanding Loans

Elevate Credit, Inc. (NYSE: ELVT), a provider of online credit solutions for non-prime consumers, has announced their Elastic product has surpassed $200 million in total principal outstanding, with more than 120,000 open accounts. Elevate has originated $4 billion in non-prime credit to more than 1.6 million… Read More

Elevate Announces Two Customer Financial Progression Milestones

Elevate, a provider of innovative online credit solutions for non-prime consumers, announced on Wednesday it has achieved two major customer financial progression milestones.  According to Elevate, over 55,000 customers using its RISE product have improved their credit scores and more than 20,000 RISE customers are… Read More

Elevate Appoints Former GE Executive Director Al Comeaux As New Chief Communications Officer

Elevate, a provider of innovative online credit solutions for non-prime consumers, announced on Thursday it appointed former GE executive director, Al Comeaux, as its new chief communication officer. Comeaux has nearly 30 years of digital and online communication experience and has led communication efforts at Sabre,… Read More

CFPB Rallies Support for Proposed Payday Rules as Congressman Hensarling Questions Limiting Access to Credit

The Consumer Financial Protection Bureau announced a proposed set of rules today designed to curtail abuses within the Payday lending industry. CFPB Director Richard Cordray released a prepared statement on the proposal explaining; “..our research has shown that too many of these loans trap borrowers… Read More

Property Investment Platform Elevate Launches to be the “Armchair” For Professional Investors

Property ownership accounts for almost 40% of household wealth in the UK, but buying into property requires a lot of time, local knowledge, and ever larger amounts of capital as the market rises in value. Accessing that locked-in capital easily and cheaply is also a… Read More

Send this to a friend