If you read the comment, you’d notice that there were no loans involved whatsoever.
If you can’t rent or buy a car without a credit score, you should only be allowed to buy a gun until you have proven that you’re a trusted member of the society.
I moved from Canada to California for a new job with a mid six figure salary.
I had a very difficult time finding a place to rent as I had no credit score. Only places that were available without credit score was a room to share. That was not an option with a cat, wife and kids.
Finally, I found a place that was willing to accept the entire year's rent up front. Moving such a large amount of money from Canada to US had its own set of hurdles.
Once that was sorted out, I had to deal with yet more craziness to buy a vehicle. I decided to buy a CPO Mazda from the dealer in cash (using a cheque, of course). Once I signed all the papers, they ran a credit check on my newly created SSN. The system could not find my SSN. So, they denied letting me buy the car because they couldn't accept such a large amount from a person they could not verify. My passport and Canadian driver's license were not acceptable proof of ID for the dealer.
On the flip side, my long history with Amex in Canada was ported over. So, they quickly set me up with very high limit credit cards.
We already live in social credit but I fear the ones maintained by companies might be better for the consumer.
>their API is a little bit... bloated for simple needs
I used Stripe about 7 years ago. I used it because their APIs were simple and PayPal etc. was complex and bloated.
It seems that this cycle repeats throughout b2b startups. Is there now an opportunity to create yet another simple lightweight API but one that doesn't cover all use-cases?
So, he actually did go through the multi-stage interview pipeline.
Just because you can’t read well, you don’t have to be so cynical.