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As digital lending continues to rise, one can only be left to wonder how it got this way? For a long time, the process of obtaining a loan was long, arduous, and downright anxiety-ridden. Living in the digital age gives our constant existence a sense of urgency, of needing to adapt or move on to... Read More...
One might assume an online lender like LendingClub Corp (NYSE: LC) verifies the income of borrowers in 100 percent of transactions. But this isn't even close to the case, according to Bloomberg report. LendingClub verified the income around just a third of the time for one of the most popular... Read More...