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Prosper announce closure of FolioFn secondary market feature. What could have caused this decision and what it means for the p2p lending industry?
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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.
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Chief risk officer Jerome Le Luel said the company cut volumes after spotting underperforming loans in an earlier ‘vintage.’
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The post below is by Jilliene Helman, CEO & Co-Founder of RealtyMogul.com.
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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.
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Online Marketplace Lending Partnerships Can Benefit Lenders and Small Businesses; Pitfalls Remain for A Nascent Industry.
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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?
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Poorly designed credit risk models can harm consumers.
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