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

Prosper Gets Rid Of App Designed To Protect Identities
Prosper Gets Rid Of App Designed To Protect Identities
August 01, 2017  |  Fraud Prevention

Prosper Marketplace, the online lender, is reportedly getting rid of its Prosper Daily mobile app, which enabled customers to monitor their personal finances, like credit...

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Renaud Laplanche’s Second Act
Renaud Laplanche’s Second Act
July 18, 2017  |  Alternative Finances

F. Scott Fitzgerald is often quoted as the source behind the phrase, “there are no second acts in American life.” But as we all know...

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All Is Forgiven? The Bond Buyers Return To Online Lenders
All Is Forgiven? The Bond Buyers Return To Online Lenders
May 22, 2017  |  Alternative Finances

After the rather spectacular fireworks display that Lending Club had going on this time last year, it was not great surprise when the bond buyers...

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PayU Invests €110M In Kreditech; Becomes Minority Investor
PayU Invests €110M In Kreditech; Becomes Minority Investor
May 11, 2017  |  Investments

Kreditech, the online lender in Germany, has reportedly landed a €110 million investment from online payment processor PayU. According to a report, under the deal, PayU...

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Debt Collection, Made Easier And … Gentler?
Debt Collection, Made Easier And … Gentler?
May 09, 2017  |  Data Drivers

Debt may be among the most four letter of the four-letter words when payback goes awry. And against the burden of interest — and in the...

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Off The Continent And Into Puerto Rico For Online SMB Lending
Off The Continent And Into Puerto Rico For Online SMB Lending
May 02, 2017  |  B2B Payments

If expansion is key for SMBs, so too is it for lenders. Biz2Credit is linking up with Oriental Bank in Puerto Rico to boost SMB...

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CFPB Slams Online Lenders
CFPB Slams Online Lenders
April 28, 2017  |  CFPB

The Consumer Financial Protection Bureau (CFPB) just recently filed suit against four online lenders for allegedly collecting on consumer debts they were not legally owed....

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Helping Investors Avoid The Lending Club Trap
Helping Investors Avoid The Lending Club Trap
April 26, 2017  |  Loans

Transparency cures all ills — especially in the online lending space where investors need certainty the pools of debt they’re buying are as represented. Global...

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Elevate Goes Public; Stocks Closes Higher On First Day Of Trading
Elevate Goes Public; Stocks Closes Higher On First Day Of Trading
April 10, 2017  |  Consumer Finance

Elevate Credit, the lending startup that last year delayed its initial public offering, went public late last week, beginning trading on the New York Stock...

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