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The Blind Growth of Alternative Lending Is About to Backfire

Clear skies for alternative lending companies seem to be getting clouded after the news on Lending Club and OnDeck—some of the largest alternative lenders—witnessing a massive crash of their share prices over a little more than a year. In the last couple days, the situation was just as dramatic as professionals noticed more than a 30% drop in OnDeck's share prices on Tuesday, hitting $5.50. Wednesday wasn’t better either since the price keeps shrinking.

Whether it’s a result of Q1 2016 earnings or something else, it probably speak ...

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