“Managing money is so complex and can make smart people feel stupid,” said Peng, who is CEO. “It took me five years to realize that the 30-year payment plan I signed was meant to squeeze as much interest out of me as possible. The default state benefits the institution, not the individuals, and often leads people to do nothing about their situation.”

https://news.crunchbase.com/news/exclusive-northstar-promotes-employee-financial-wellness-with-7-3m-series-a/?utm_content=intro&utm_term=content&mkt_tok=eyJpIjoiWVROak5qRmpNRGRoTVdVNSIsInQiOiJGTld3T1A3MHhLV2tlMk5cLzZKRkhOMTAwXC9DSjFqeGlYZVlXSk5BU0hVTU9FeE5yZEk4NCs2WFJtdzRJTHhjYWxGSDM1NHFxdktWd3RnaEZhTzE5bnNnUjJMaGhYSUptSlNPdTJIbml4d0xZUlBrN1hNc0NZclFKTldNWHZcL0xidSJ9