Our 500K Card Waitlist
Summary
In Episode 3, Possible Co-founder and CEO Tony Huang responds directly to real customer comments and concerns about the launch of the Possible Card—our flat-fee credit card designed to help Americans stay out of debt. From questions about the waitlist to honest feedback and confusion around how the card works, Tony breaks it all down with transparency. He explains why the demand for the Possible Card has been overwhelming (with over 500,000 people on the waitlist) and what makes it different from traditional credit cards: no late fees and just one flat monthly fee.
If you want to understand how this card is different from the rest, this episode is for you.
Transcript
[TONY]
A lot of Americans don't have access to credit cards. My name is Tony Huang. I'm the co-founder and CEO of Possible Finance.
"This app is a joke. It isn't even set up and only lets you go on a wait list. Don't waste your time," said N27Christensen.
Well, Christensen, we're sorry that you're still on the wait list. We're blown away by the overwhelming response we got for the Possible Card and we have received over half a million Americans who are interested in using our new innovative credit card. So, we hope you can stay on the wait list and be patient with us as we roll it out to as many people as we can over the next few quarters.
"We got credit cards thanks though," said 84Core with a one-star review.
Well, a lot of Americans don't have access to credit cards. And if they did have access to credit cards, those credit cards are really, really expensive and punitive and confusing with late fees, penalty fees, and really high compounding interest. The Possible Card is just super simple with one monthly fee. We think a lot of customers are going to like that.
"Possible is great. I've used it many times, always paid back, and when I extended payments, I got approved if I applied again as soon as I could. I just recently got the Possible Card and I received it in the mail. I haven't used it yet and I think it's like a credit card, so I'm only going to use it for emergencies." Samantha.
Well, that's great, Samantha. We think you should only use it for emergencies as well, although it's designed to help you stay out of debt. So, feel free to use it for more regular purchases as long as you pay it back on time.
