CEO Tom Burnside from LendingPoint provides his insight on how to be successful in the online lending business in this featured blog post; gives five factors for success; Tom Burnside is optimistic about the industry's growth and potential as well as the success of LendingPoint; in 2016, LendingPoint gained steadily as it continued to focus on providing credit for underserved consumers through fair credit underwriting. Sponsored Blog Post
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[Editor’s note: This is a guest post from Tom Burnside, CEO of LendingPoint. LendingPoint is a Platinum Sponsor at...
Often in these pages we focus on the more established online lenders, many that have been around for 10 years...
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LendingPoint plans to expand its online balance sheet lending services nationwide with support from a new partnership with FinWise Bank; LendingPoint currently offers loans in 26 states with nationwide expansion now planned for the first half of 2017; the firm uses a proprietary credit model that seeks to provide loans for fair credit consumers with credit scores ranging from 600 to 700; LendingPoint has funded more than $185 million in loans; its loans range from $3,000 to $20,000, with terms from 24 to 48 months. Source