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04-29-2016, 11:15 PM #1
Regulators could transform the lending industry by 2017 Business Insider
Andrew Meola Apr 29, 2016 | 2:38 PM ET BII This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here. The lending market in the U.S. could soon change significantly. The Consumer Financial Protection Bureau (CFPB) is likely about to propose regulations on U.S. marketplace lenders, such as Lending Club and OnDeck, as soon as late 2017, reports the Wall Street Journal. This proposal would supervise "installment lenders," Read the full story
http://www.businessinsider.com/regulators-could-transform-the-lending-industry-by-2017-2016-4
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