Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> Credit reporting and collections.

This has a loss rate of around 70-80% across the collections industry, which is an extremely strong disincentive to go this route since it's just highly inefficient. The high cost of the collections process is a deadweight loss upon all society.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: