Microlender SoLo Funds Could Help Banks Enter $90-Billion Payday Loan Space

A new  startup is letting consumers make loans to peers and positioning itself as an alternative to the industry, and there’s something in it for too. Since launching this past April,  , a P2P lending platform, has processed nearly $ 200,000 in small-dollar short-term loans. With small loan amounts and a default rate [&;]
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