FinTech Magazine May 2024 | Page 79

LENDING AND CREDIT
that to continue to grow exponentially for all types of consumer loans – personal loans , cash advance , BNPL and auto loans .
“ As we think about the impact that Payment Guard can have on the lending ecosystem , what we are most excited about is the potential to widen the aperture of credit underwriting .
“ Since we are helping to make lenders more efficient in attracting borrowers , as well as more resilient against potential losses , the long-term impact that we can have is making credit more accessible to more people .”
******************** We want to be transparent with our valued customers . The article written about our product has been provided by an individual who received compensation for sharing their positive experience . While we believe in the authenticity of their endorsement , it ’ s important to note that they were remunerated for their testimonial . We appreciate your trust in our brand and strive to maintain open communication about our marketing practices . If you have any questions , feel free to reach out to us . This insurance is only available in the United States . Availability and features may vary by state .
TruStage™ Payment Guard Insurance is underwritten by CUMIS Specialty Insurance Company , Inc . CUMIS Specialty Insurance Company , our excess and surplus lines carrier , underwrites coverages that are not available in the admitted market . Product and features may vary and not be available in all states . Certain eligibility requirements , conditions , and exclusions may apply . Please refer to the Group Policy for full explanation of the terms . The insurance offered is not a deposit , and is not federally insured , sold or guaranteed by any financial institution . Corporate headquarters 5910 Mineral Point Road , Madison , WI 53705 . © TruStage PGI-6523860.1-0424-0526 fintechmagazine . com 79