Banks Demand More Government Scrutiny of Marketplace Lenders | American Banker

In comments to the Treasury Department, traditional financial institutions are calling for more oversight of an industry that is fast becoming a big competitive threat.

Source: Banks Demand More Government Scrutiny of Marketplace Lenders | American Banker

maybe if the banks were not over regulated they could compete.

“competitive” threat, thats the root, banks fear common sense lending will become mainstream ….

#bankloans

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