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March 28, 2017 09:00 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zS8XMPomVW4/
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 MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/zS8XMPomVW4/
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