Tech will lead to new sub-prime crunch

 In October 2016, two leading P2P platforms in the U.S. — Lending Club and Prosper — announced a new increase in interest rates for lower-grade loans. The decision was made in order to sustain investor demand. However, keeping the investor demand stable is not the only reason for recent changes — delinquencies are growing, especially when it comes to high-risk loans. Read More

oneclick

This entry has 0 replies

Comments are closed.