Prosper announce closure of FolioFn secondary market feature. What could have caused this decision and what it means for the p2p lending industry?
More SMEs are wary of borrowing, but they’re missing out on a host of innovative finance, which offers easy, flexible ways to access funds – and to repay them.
Chief risk officer Jerome Le Luel said the company cut volumes after spotting underperforming loans in an earlier ‘vintage.’
The post below is by Jilliene Helman, CEO & Co-Founder of RealtyMogul.com.
CashCall Inc. made loans for years at illegally high interest rates, a judge ruled last week, dealing a blow to the Orange County company and raising questions about the validity of loans from other online lenders.
Online Marketplace Lending Partnerships Can Benefit Lenders and Small Businesses; Pitfalls Remain for A Nascent Industry.
Online lending was long forecasted to come to clean traditional lendings’ collective clock but it didn’t quite happen. Is Fundation’s cooperation the future?
Poorly designed credit risk models can harm consumers.