Why income share agreements did not work out
Yeah, I remember reading about these when they launched and on paper they seemed like such a bad deal. The only group of people who would benefit from them over traditional loans are people who know they would never be able to pay off the equivalent debt.<p>&gt; credit scores were the most predictive variable of good participant behavior for us.<p>Unrelated, an insurance adjuster once told me that, given two people of the same age buying the same car, credit score is the number one determinant which one will be more likely to get into an accident. Luckily (or unluckily, depending on your position) most states make it illegal for determining insurance premiums.