Citing ‘Tale of Two Recessions,’ LendingClub Points to Need for Automated Savings

Expenses are going up. Household income is going down. Poverty rates are stubbornly high, and most of us live paycheck to paycheck. Anuj Nayar, financial health officer at LendingClub, tells Karen Webster that FinTechs, and innovating early wage access and savings programs, can help build up cash cushions and improve financial wellness.