U.S. Online Lenders Are Now Preparing For A Recession
via Zerohedge: Almost ten years after the Great Recession ended, online lenders in the U.S. including LendingClub, Kabbage, and Avant are preparing for an economic slowdown by reviewing their risk exposure, reported Reuters. The U.S. economy stalled in the last six months, as the threat of a recession surged in March with the 3 month-10 year spread … Read more