China is expediting the development of regulation aimed at preventing online lending risks and promoting market stability. According to Reuters, the decision was made after...
As consumer debt levels in the U.K. are on the rise and debt collection groups are reportedly not paying voluntary contributions, providers of debt advice...
When Renaud Laplanche founded LendingClub 12 years ago in 2006, the lending landscape was a very different place. Most consumer and business lending was done...
While the Great Recession technically began in Dec. 2007, most people remember a different date as the “real” start to the Great Recession: Sept. 15, 2008....
Federal Savings Bank‘s chief executive Steve Calk is being accused of helping Paul Manafort, the former Trump campaign chairman, secure loans in exchange for a...
After a long, and at times painful, journey back from the wilderness that began in May 2016, it looks like things are getting back on...
OnDeck Capital reported second quarter results that showed continued growth in loan originations and improved credit quality metrics. Management stated on a conference call with...
Zillow, the online real estate company, is getting into the mortgage market, announcing Monday (August 6) that it is acquiring Mortgage Lenders of America, a...
Investors have been withdrawing funds from peer-to-peer lending platforms amid a wave of defaults across the industry in China. According to a report in the...