Why does the pullback in marketplace lending matter?

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Marketplace lending has declined, and that has some people wondering who is benefitting from this contraction. Discover’s CEO yesterday said that “at the margins” Discover is benefiting “a bit” from the pullback. Is that experience consistent among other lenders? What are the implications of this pullback?

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Posted by JJ Hornblass (Questions: 10, Answers: 4)
Asked on July 20, 2016 10:01 am
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