Lending Works: Lending Works reduces negative rates and starts paying interest

Lending Works will continue implementing negative interest rates, but at a reduced amount, on certain cohorts while starting to pay interest on other loans. The peer-to-peer consumer lending platform resumed new lending at the start of January 2021 with tightened creditworthiness and affordability criteria and continued negative interest rates, after pausing new lending for much [...] The post Lending Works reduces negative rates and starts paying interest first appeared on Peer2Peer Finance News.