Fiserv unveils new digital mortgage product, giving credit unions a leg up With the $3 billion alternative data industry exploding,...
LendingPoint has closed two securitizations, one composed of direct to consumer loans and the other of point of sale loans;...
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[Editor’s note: This is a guest post from Tom Burnside, CEO of LendingPoint. LendingPoint is a Platinum Sponsor at...
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
LendingPoint is a near prime lender; in the interview the LendingPoint team discusses how their algorithms work to take thousands of attributes to determine which ones are most predictive; the company is now partnering with hospitals for patients to obtain credit on the spot; LendingPoint originated around $28 million in loans in October with about 60% of applications coming through mobile devices. Source
LendingPoint has made a name for themselves in the near-prime consumer lending space with an installment loan as well as...
Often in these pages we focus on the more established online lenders, many that have been around for 10 years...
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Every year Inc. Magazine releases a list of the 5,000 fastest growing companies in the country. They call it the...
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