Registered: 1334293938 Posts: 9
Reply with quote #16
Lending Club brings together investors with creditworthy borrowers are reducing the cost and complexity of traditional lending are to offer borrowers better rates and investors better returns. Focusing on prime and super-prime quality borrowers enables Lending Club to provide investors with steady returns, even during the economic downturn.
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Registered: 1336105905 Posts: 3
Reply with quote #17
In the past few years, a new paradigm for borrowing cash emerged, where individuals with money to lend extend funds to borrowers directly. Called “peer to peer lending,” the model has started to slowly mount a real challenge to traditional lending channels.
Peer to peer lending services continue crowd funded growth because borrowers get lower interest rates and lenders receive higher returns on their investment. Peer to peer lending is a certain breed of financial transaction which occurs directly between individuals or "peers" without the intermediation of a traditional financial institution. In today’s difficult economic environment these new loan alternatives have reduced the complexity and high cost of bank lending.
Registered: 1360214373 Posts: 10
Reply with quote #18
I never do some lending club most of the time i use to go in a loan companies.In Finland there are lots of people are really into loan and it is one of their main reason for falling into debt and also a reason for asking some
kirjanpitäjä helsinki or accountant Helsinki for managing their finances and how they can save really sad that some of them are falling into debt.