[blurry]

Come on, the ideas are as lazy as the writing.

Consider this gem:

We need better ways to provide financing to those who need it: students, low income groups, creatives, people with poor credits. There are lots of opportunities to provide low cost alternatives to what traditional banks are failing to offer.

So the idea is to charge high-risk borrowers low-risk fees? Didn't we all just go through this?

[AaronChua]

I mean low cost in terms of operation costs, not in terms of cheap loans.

Current bank structures are too cost heavy to provide light weight services to these under served markets.

Some of the embedded links show more concrete examples of such models.