Tagged: nonprime

On Hold: Online Lender Elevate Postpones IPO Pricing Due to Difficult Market Conditions

Online lender Elevate Credit Inc. has postponed its initial public stock offering due to difficult market conditions, reported the Wall Street Journal. The firm was slated to price its initial public stock offering Thursday. Based in Fort Worth, Texas, Elevate Credit makes unsecured personal loans to subprime borrowers. In 2014, Elevate was spun out… Read More

Send this to a friend