Online lenders haven’t been verifying income and employment on their loans, and that should set alarm bells ringing http://www.businessinsider.com/prosper-and-lending-club-dont-always-verify-borrower-income-and-employment-2017-6 Online lenders may be lowering their standards and taking greater risks on borrowers as they chase higher profits.  Prosper Marketplace and Lending Club, two of the largest players in the online personal loan business, don’t always verify key […]

Tags: Lending Club, Prosper
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