Tag: lenders

Online lenders’ stocks soaring but sector’s health a concern

Online lenders’ stocks soaring but sector’s health a concern

Written by on August 15, 2017 in News with 0 Comments

NEW YORK (Reuters) – LendingClub Corp and OnDeck Capital Inc surprised investors on Monday with strong growth forecasts that sent the online lenders’ stocks soaring, but analysts said the sector’s health was still a concern. Online lenders soared in popularity after the financial crisis when banks pulled back from traditional lending and borrowers sought other […]

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