Yes, that's the hope. Fewer handovers and fewer people involved. My experience has been that there is an exponential time factor based on how many people need to touch a given task. Really slows things down especially for larger teams.
The permission structure is basic at the moment - the admin can decide who can join. Devs have final approval rights for any edits that make it into the apps. In the future we are planning to build out more permission functionality that supports more complex workflows.
Big banks are powerful and we don't take that risk lightly. However, regulators like the relatively new CFPB, are generally on the side of consumers. So as long as we always do right by consumers and don't lend irresponsibly, we have a very good chance of being on the right side of history. That said, we'll take any and all luck you can send our way
we are planning to be pretty good about managing our risk :)
but more importantly credit card debt isn't "bad debt" at all. most folks think that. there is about $700B of credit card debt of which about half is held by large pensions funds etc. and none of that paper defaulted in the financial crises.
yea it's a busy term. we just came out of stealth so it will take us a little to climb up the search rankings. (part of the tradeoffs you are making when picking a company name.)