online lending

Simply put, an online loan is money that's borrowed from a lender who operates online. While the specific process for an online loan can vary from lender to lender, there are many ways in which it's the same across the board.

Source: opploans.com

Lending Club’s Loan Issue Saga Continues
Lending Club’s Loan Issue Saga Continues
June 13, 2016  |  Alternative Finances

The waves hitting the online lending pool seem to be coming nonstop. Lending Club talked down its numbers on loans being sold to investors, with the additional...

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Prosper Pauses Lending Tree, Credit Karma Relationships
Prosper Pauses Lending Tree, Credit Karma Relationships
June 09, 2016  |  Alternative Finances

Prosper Marketplace, the online lending company, may have changed its relationship with two prominent loan referral sites, according to sources cited by The Wall Street...

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OnDeck Launches Accountant Advisor Program
OnDeck Launches Accountant Advisor Program
June 08, 2016  |  Alternative Finances

Online lender OnDeck said on Tuesday (June 7) that it has expanded its Accountant Advisor Program. The firm said via press release that it has...

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Greenfield Opportunity Looms In India For Online Financing
Greenfield Opportunity Looms In India For Online Financing
June 07, 2016  |  International

Millions of businesses — many of them small — have limited access to capital by traditional means and a need for speed and efficiency. Biz2Credit...

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The DOJ Sees Abuse Risks In Online Lending
The DOJ Sees Abuse Risks In Online Lending
June 07, 2016  |  Regulation

The Department of Justice is taking a more interested look into the world of online financial services — lending in particular — as an area...

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Prosper, Other Online Lenders Put Under NY State’s Microscope
Prosper, Other Online Lenders Put Under NY State’s Microscope
June 06, 2016  |  Alternative Finances

The drama surrounding online lenders — who they lend to, when, how and at what rates — continues. In the wake of disclosures last month...

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Prosper Raises Risky Borrower Interest Rates
Prosper Raises Risky Borrower Interest Rates
May 26, 2016  |  Alternative Finances

Against a troubled landscape, one online lender, Prosper Marketplace, is boosting rates that it charges to risky borrowers, a move The Wall Street Journal said was geared...

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Online SMB Lending To Benefit From Regulation?
Online SMB Lending To Benefit From Regulation?
May 24, 2016  |  Alternative Finances

Finance and technology connect in ways that speed capital to SMBs and other enterprises, when and where it is needed. That won't change even against...

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Another Online Lender Announces Layoffs
Another Online Lender Announces Layoffs
May 23, 2016  |  Alternative Finances

Consumer lending platform Avant is giving pink slips to 60 employees, or about 7 percent of its workforce. The news came late last week amid what...

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