Providing low-interest rates comes down to identifying high quality (low risk) borrowers and reducing default rates. Because we use consider data more than just your credit history, we are able to look at a lot more signals than a traditional bank to calculate your creditworthiness. There are additional savings from better and quicker underwriting using technology and zero currency conversion loss (as all the transactions happen in U.S.). Because of this, we are able to provide lower interest rates.
How is Stilt able to offer such low rates?
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