Yendo

As you’re reading this, 1 in 4 people in the U.S. lacks access to affordable credit and resorts to using high interest, predatory loans (think: Payday, Title, Pawn, and Personal Loans) to make ends meet. These 500%+ APR short term loans trap borrowers in a downward debt spiral and severely limit their chances for getting ahead.

Leveraging modern technology, Yendo is the world’s first asset-backed revolving credit card that makes lending decisions agnostic of credit score and delivers interest rates 95% cheaper than traditional non-bank loans, all while building credit. Yendo unlocks the value trapped within the $3 trillion worth of vehicles owned outright in the United States to provide sustainable credit for those that need it most.