Credit Cards

M1 Finance Is Cancelling Credit Cards Without Warning

M1 Finance has been mysteriously cancelling peoples credit cards with Zero notice. Why is this happening and what can we understand about the situation in general? Also what are other Fintech companies doing to attract new customers and how could M1 Finance learn from their competition?

⏱Handy Timeline:
0:00 M1 Finance Credit Card Cancellation
0:32 What people are saying online
1:19 Why did this happen?
2:00 My hypothesis
3:23 Underlying message
3:34 2 ways we can interpret this action
3:42 Option 1: Lets be mad
4:10 Option2: It’s just business
5:22 What I would have done if I was M1 Finance
6:40 How Robinhood attracts the whales
7:20 I want them to stay in business
7:52 Fintech company momentum
8:21 Should we move our money?
9:34 Summary in my opinion
10:08 Not getting carpal tunnel
10:29 Secrets
10:35 THANK YOU!

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#BrendanEvan
Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support!

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📖1️⃣Atomic Habits by James Clear: https://amzn.to/3r5IXgS
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📱🆓Free trial of Amazon Audible: https://amzn.to/3qdMHNh

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Updated Acorns Affiliate disclosure as of 4/9/24:
Paid ad. Compensation provides an incentive to positively promote Acorns. The information and opinions presented are for informational purposes only and represent the views of the promoter as of the date created and are subject to change. Investment advisory services offered by Acorns Advisers, LLC, an SEC-registered investment adviser. View important disclosures at https://www.acorns.com/brendan/ and Acorns.com.

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