LendingClub reported results that showed flat net interest income, but pressure on loan origination volumes — a trend that is likely to persist over at...
LendingClub’s results showed that higher interest rates are cutting into investors’ demand to buy loans. The company said in its earnings materials on Wednesday (Jan....
As various government agencies and reports use slight inflationary easing to show the economy isn’t in such bad shape, there’s an unescapable chill in the...
Despite having the chance to apply for banking licenses with the Office of the Comptroller of the Currency, many online lenders are proceeding with caution....