The SEC’s purchase had implications that are far-reaching the P2P lending model.

February 24, 2021 money mart loans payday loans

The SEC’s purchase had implications that are far-reaching the P2P lending model. The SEC’s purchase had implications that are far-reaching the P2P financing model. Lending Club and Prosper encountered registration that is significant reporting demands. These P2P that is for-profit loan had to shelf-register each loan (called a “note”) in front of any offered lender’s