Pagaya strategy – a smart way for institutional investors to invest in consumer credit.
Consumer credit does not go out of style. In August, the consumer credit market increased at a seasonally adjusted annual rate of 5-1/4 percent.[1] Consumer credit has expanded from $7.1 trillion 15 years ago to $13.1 trillion today. Within the consumer credit market, marketplace lending platforms (MLP) have had particularly much momentum lately as consumers appreciate … Read more