Tagged: us treasury

October 1, 2015 @ 3:34 pm By JD Alois  |  

  As the Marketplace Lending industry begins to mature, awareness is growing across the population.  More and more consumers realize they may be able to save time, and money, by doing a greater portion of their banking online. Lending Club, the largest Marketplace Lending platform… Read More

September 30, 2015 @ 11:47 am By JD Alois  |  

Lending Club (NYSE:LC), the largest marketplace lending platform in the US today, has submitted their opinion to the US Department of Treasury request for information (RFI) on the eve of the deadline for comments of September 30th, 2015.  Lending Club, the first publicly traded online lending… Read More

July 27, 2015 @ 12:12 am By JD Alois  |  

  Last week Crowdfund Insider published a report on how the US Department of Treasury was investigating marketplace lending and the rising prominence of online, direct lenders. While the interest is certainly understandable, anytime the government shows up – industry gets concerned.  While Treasury stated their… Read More

July 16, 2015 @ 5:21 pm By JD Alois  |  

The Treasury Department has published an RFI on the operating environment surrounding Marketplace Lending. Previously labeled “Peer-to-Peer lending”, as the industry has grown a more diverse ecosystem has evolved. Today much of the funding is from institutions and a lesser portion is coming from smaller investors. The RFI… Read More