Monthly Archives: June 2016

Testing the online lending market in the wake of LendingClub

Online lender Social Finance Inc., or SoFi, is offering potential investors to buy $380 million of securities backed by its unsecured consumer loans. Securitization will be a major test of bond investors’ appetite for unsecured consumer loans from rival LendingClub Company . ousted CEO Renaud Laplanche in early May. The …

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