Category Archives: financial firm

GreenSky Credit: The Successful Business Of A College Dropout

Not too many people can say that after skipping high school and dropping out of college that they were successful. Then again, those people are not David Zalik. He is CEO of GreenSky Credit and is a billionaire.

How did his rise to billionaire status happen? Well, it all started when his parents decided to come to the United States. He grew up in Alabama. At age 14, Zalik decided high school was not for him and enrolled in college classes at Auburn University instead. He believed that entrepreneurship was the way to go and started a company called MicroTech. Zalik found himself needing to tend to his company just decided to drop out of college. At age 22, his creative mind sent him elsewhere. He decided to sell his company for a few million. It was then that Zalik wanted to own a lending company. He named it GreenSky Credit.

This company has been around for quite a while and does things a bit different from other lending companies. Although you fill out an application and your credit is checked, GreenSky does not lend out any money. There are multiple banks in place that will take up your application and work with you to get the funds you need. That keeps the risk off the company and transfers it straight to the banks. If you happen have multiple loans out already, GreenSky Credit will not help you. You must have at a 700 credit score before they will match you with a lender. The idea is to not make things worse but make them better. You need to be able to pay the loan back.

GreenSky Credit is a wonderful lender and Zalik is thinking of making the company public on WallStreet. However, he wants to do this out of the spotlight of the media. It is not easy running a billion dollar company, but Zalik knows what he is doing. GreenSky Credit will be around for a long time because of the wise decisions it makes concerning the borrowers. Give GreenSky Credit a call for your financial needs.

https://www.crunchbase.com/organization/greensky