Elevate Credit, and the banks it supports, provides financial solutions for Americans. Co.'s platform enables online lending brands that utilize Artificial Intelligence underwriting. Co. has two main business activities: as a state-licensed lender itself; and as a service provider to Federal Deposit Insurance Corporation (FDIC)-regulated banks. Co. has three primary lending product constructs, each with one brand. The three product constructs and brands are: Installment Loans, which operates as both a state-licensed lender and is licensed to FDIC-regulated banks; Lines of Credit, which is licensed by an FDIC-regulated bank; and Credit Cards, which provides various credit card features. The ELVT average annual return since 2017 is shown above.
The Average Annual Return on the ELVT average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether ELVT average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ELVT average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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