Upstart found success during the pandemic with its AI-powered lending marketplace, connecting borrowers with lenders while assessing risk with its AI models. Upstart has improved its AI models and erased this performance deficit, but what happens the next time the economy shifts in a way it never has before? Credit scores are far from perfect for assessing risk, but it's unclear at this point whether Upstart's AI models will provide lenders a consistent advantage.
OLEAN, New York & SAN MATEO, Calif., November 29, 2023--High Point Federal Credit Union Selects Upstart for Personal Lending
These stocks are all facing challenges due to high interest rates -- but that could change next year.