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June 2, 2016 10:30 am GMT
The marketplace industry will be just fine. It is uncertainty – rather than a fundamental flaw in the business model – that is the root cause of the sector’s present turmoil. There’s uncertainty over the platforms’ internal monitoring processes, over the veracity of loan data, over shifts in loan rates, over shifts in the economy – and indeed over the… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/nnpVr8Jy3B8/
In defense of online lending
The marketplace industry will be just fine. It is uncertainty – rather than a fundamental flaw in the business model – that is the root cause of the sector’s present turmoil. There’s uncertainty over the platforms’ internal monitoring processes, over the veracity of loan data, over shifts in loan rates, over shifts in the economy – and indeed over the… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/nnpVr8Jy3B8/
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