How Does Prosper.com or Lending Club Make Money?
This is an important question because if we want to use these lending platforms successfully, then we need for the platform to stick around. In other words, it has to make money so we can make money. First, Prosper.com makes money on loan originations. When a loan funds through their platform, they charge an origination … Read moreHow Does Prosper.com or Lending Club Make Money?