I am not sure what problem this regulation is trying to solve? Lenders earn high interest and get flexibility, borrowers get loan when they wouldn't otherwise, platform makes money. Based just on what you wrote, and not being financial expert, this doesn't seem useful to me, and more micro-managing regulation for sake of it.
I am not sure what problem this regulation is trying to solve? Lenders earn high interest and get flexibility, borrowers get loan when they wouldn't otherwise, platform makes money. Based just on what you wrote, and not being financial expert, this doesn't seem useful to me, and more micro-managing regulation for sake of it.
I am not sure what problem this regulation is trying to solve? Lenders earn high interest and get flexibility, borrowers get loan when they wouldn't otherwise, platform makes money. Based just on what you wrote, and not being financial expert, this doesn't seem useful to me, and more micro-managing regulation for sake of it.