Re:Launch HN: Pier (YC W23) – Stripe for Credit
by callalex on Wednesday October 18, 2023 @02:18PM
(#37932554)
How are you going to handle delinquency and collections? I was under the impression that most vendors like having a third party (Klarna comes to mind) handle credit so that when things go bad, ACME doesn’t take the brand hit for associating with the shitty scumbags in the collection industry.
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Re:Launch HN: Pier (YC W23) – Stripe for Credit
by jess-zhang on Wednesday October 18, 2023 @03:14PM
(#37933360)
We don't do collection. Our customers own the loan receivables and they have the option to decide how they want to handle collections. there's a lot of flexibility and options here, depending on their business model and incentives.