Companies such as LendingClub Corp. that arrange Internet loans to consumers seem destined to be forced into lowering interest rates for certain borrowers following a U.S. Court of Appeals ruling. The U.S. Court of Appeals […]
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Tag: Lending Club
Peer To Peer Lending Could Be The Next Financial Bubble
The $77 billion Peer to Peer (P2P) lending market is expanding exponentially thanks to Wall Street’s efforts to securitize the loans. It’s the same risky practice that led to the Great Financial Crisis, where poor […]