The online lending scare
Could online lending cause the next financial crisis? While the odds seem overwhelmingly against it, the recent turmoil at LendingClub — a leading online lender — makes it hard not to ask the question. There are some [...]
Posts Tagged ‘marketplace lenders’
CUNA Payments Blog: Engage with marketplace lenders
Financial institutions have bristled at the success of online “marketplace lenders” for some time. These firms have built high profiles and even higher valuations by encroaching on what has long been considered financial institutions’ turf: [...]