And a legion that is new of startups serving non-prime borrowers like Lend and Elevate are hoping to make the most of the area typically held by payday lenders, an industry projected to be well well worth $38.5 billion. ( Other lenders that are online Prosper and SoFi target borrowers with a high credit ratings.)
“If you are taking out of the lending that is fintech which are the choices? Continue reading “How lending startups are attempting to edge out payday loan providers”