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Is LendingClub Ruining Fintech's Future?
Saturday, May 21, 2016 - 4:28pm | 278Read More...Peer-to-peer lending was supposed to be a major theme in how individuals borrow money, while also presenting a compelling investment case to investors. However, the recent woes at LendingClub Corp (NYSE: LC) may have ultimately killed the relatively new segment's future following the sudden...
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Lending Club Analyst Sees 'Risks Intensifying,' Maintains Sell With 16% Downside
Wednesday, January 6, 2016 - 12:17pm | 274Read More...Compass Point Research issued a company update on LendingClub Corp (NYSE: LC) amid valuation concerns due to the company's business risk profile. Compass Point maintained Lending Club's Sell rating and $9 price target. Analysts Michael Tarkan, Isaac Boltansky and Andrew Eskelsen wrote...
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Compass Point Cites Industry Iceberg As Feds Probe Subprime Auto Lenders
Tuesday, August 5, 2014 - 3:01pm | 294Read More...Federal prosecutors' recent request that General Motors' (NYSE: GM) finance unit hand over documents concerning its subprime lending practices could be the tip of a regulatory iceberg for the industry. Players at risk may include Credit Acceptance Corp. (NASDAQ: CACC), Consumer Portfolio Services (...
