KeyCorp’s deal for student lender raises eyebrows
Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes.
Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes.
The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.