21-03-2016 16:13 via abqjournal.com

Online lenders drawing more scrutiny by regulators

LOS ANGELES — Online lenders, led by San Francisco’s Lending Club, have grown explosively over the last few years, lending billions to consumers who can quickly get large sums by simply filling out a few online forms. Now state and federal officials look to be taking steps toward more tightly regulating the industry. The Consumer […]
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