Online lender Elevate Credit Inc., which started business last May, has since made $307.4 million in unsecured personal loans in the U.S. to borrowers with average credit scores between 580 and 625. The firm, based in Fort Worth, Texas, offers this type of loan in 15 states and charges fixed interest rates of 36% to 365%.
http://finance.yahoo.com/news/lenders-step-financing-subprime-borrowers-215700032.html