don&#x27;t go quietly into the night of downvotes :)<p>I worked earlier this year for a fintech company and they are doing their best, within their realm of understanding humanity, to improve people&#x27;s access to life-changing finance, but what actually happened in the financial crisis is that the _businesses_ behind underwriting all of these loans started going belly up, so when your debt ends up in a spreadsheet sold to three different collection agencies and you pay the wrong one and your debt is never settled, fintech can&#x27;t fix that, and is IMO putting their clients at greater risk of that than larger banks.<p>In fact, the only reason Wells Fargo received any bailout money is that they saved another bank, but they still underserved that bank&#x27;s customers because they did not have the resources to manage the fallout, so a lot of people were foreclosed upon illegally and unnecessarily and with little financial benefit to the bank or certainly society.