Elevate Credit has teamed up with Mastercard , a provider of online credit to non-prime borrowers, to develop a card aimed at the "New Middle Class" , those America adults whose lack of credit history or irregular income excludes them from traditional borrowing. Mastercard is one company that’s working to build and provide paddles to those thin-file, non-prime borrowers, creating an on-ramp for them to join the mainstream economy. The card's features will include purchase and fraud alerts, credit score monitoring, a full-service mobile app and on/off functionality. Eligibility for a card will be assessed using alternative sources to help those with limited or poor credit history and the card is expected to become available December 2017 .
Elevate Credit has teamed up with Mastercard , a provider of online credit to non-prime borrowers, to develop a card aimed at the "New Middle Class" , those America adults whose lack of credit history or irregular income excludes them from traditional borrowing. The card's features will include purchase and fraud alerts, credit score monitoring, a full-service mobile app and on/off functionality. Eligibility for a card will be assessed using alternative sources to help those with limited or poor credit history and the card is expected to become available December 2017 .