{"id":8977,"date":"2017-09-11T15:15:42","date_gmt":"2017-09-11T12:15:42","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=8977"},"modified":"2017-09-11T15:15:42","modified_gmt":"2017-09-11T12:15:42","slug":"weekly-industry-news-roundup-september-11-2017","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/weekly-industry-news-roundup-september-11-2017\/","title":{"rendered":"Weekly industry news roundup \u2013 September 11, 2017"},"content":{"rendered":"

News from around the world<\/h2>\n

Forbes <\/a>had a creative take on marketplace lending suggesting that it could be used to handle high interest debt. The author suggests that the \u201csoft pull\u201d on one\u2019s credit report is less burdensome to a credit score. In many cases the interest rate will be less and therefore more amenable to those with heavy debts.<\/p>\n

***<\/p>\n

Financial Express<\/a> offered an overview of the basics behind P2P lending. Transparency, speed and paperless transactions were all cited as benefits to this new form of lending. Meanwhile lenders \u201cin the past few years have seen an average return between 12% and 18% annually.\u201d<\/p>\n

***<\/p>\n

Small Business Trends<\/a> examined \u201c7 Things Things to Ask About an Online Funding Marketplace Before Taking Out an Application Online.\u201d The author explains that those in need of capital can benefit most from the combination of reasonable interest rates and faster processing than what\u2019s seen with traditional lending.<\/p>\n

***<\/p>\n

Banking Exchange<\/a> offered a detailed look at the consumer credit market. Their research tapped into data concerning millennials and how they\u2019ve adapted technology to manage their finances. \u201cfintechs show some of the best risk-based pricing that we\u2019ve seen,\u201d remarked the senior vice president at TransUnion.<\/p>\n

***<\/p>\n

ETRetail<\/a> looked at ways marketplace lenders are strategizing their expansion. Many marketplace lenders are finding growth among smaller borrowers. Major banks have traditionally eschewed this group due to shorter credit histories or smaller borrowing requests that prohibit large fees or heavy interest expense.<\/p>\n","protected":false},"excerpt":{"rendered":"

News from around the world Forbes had a creative take on marketplace lending suggesting that it could be used to handle high interest debt. The author suggests that the \u201csoft pull\u201d on one\u2019s credit report is less burdensome to a credit score. In many cases the interest rate will be less and therefore more amenable […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[119],"tags":[103,104],"class_list":["post-8977","post","type-post","status-publish","format-standard","hentry","category-financial-well-being","tag-english","tag-finance-tips"],"acf":[],"featured_image":null,"categories_names":["Financial Well-being"],"category_name":"Financial Well-being","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/8977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=8977"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/8977\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=8977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=8977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=8977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}