Archive: https://archive.ph/20231008050640/https://www.wsj.com/person...

Cited research: https://kenaninstitute.unc.edu/wealthinequality/wp-content/u...

From the research paper, it seems that this conclusion is based on less creditworthy cardholders.

> The credit card products offered by the fintech company range from $500 to $10,000 in credit limit and 10% to 30% APR, and are generally targeted toward consumers with lower credit scores and/or shorter credit records compared with the general population of cardholders.