The Evolution Of P2P Loans Into Consumer Loans

October 23, 2013   |   October 2013 Bond Updates
Lending Club is a pioneer in the space of consumer lending. They offer a platform for individuals to borrow up to $35,000 for their personal finances. The primary purpose of these loans is debt consolidation (59.62%) and credit card refinancing (20.21%). Why would individuals want to refinance their debt via the Lending Club platform?

View more at: http://www.forbes.com/sites/marcprosser/2013/10/22/the-evolution-of-p2p-loans-into-consumer-loans/
 
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