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Hurricane Harvey

News RoundupOnline LendingUSA
·Sep. 6, 2017

Lend Academy Article: Marketplace Lenders Lending Club and Prosper Respond to Hurricane Harvey

Both Lending Club and Prosper have announced several programs to help borrowers affected by Hurricane Harvey; Lend Academy shares an email to Lending Club investors which states approximately 30,000 live in the affected areas; Lending Club has made changes around collections calls, late fees, credit bureau reporting and hardship plans; Prosper has taken similar actions by waiving late and NSF fees as well as adjusting payment schedules. Source

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Peer to Peer Lending
·Sep. 5, 2017

Marketplace Lenders Lending Club and Prosper Respond to Hurricane Harvey

Hurricane Harvey has already had a tremendous impact on Texas. Part of the impact is the financial stress it has...
Read Full Story

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