Alternative Lending for Consumers

Driven by the convergence of two sweeping trends—the rise of the Millennial generation, and consumers’ broad need to seek alternative sources of cash in the global downturn—today’s lending landscape is host to a rapid proliferation of alternative lenders:

• Pure-play digital banks
• Debt consolidators
• Direct lenders
• Peer-to-peer (P2P) lenders

And many more to come, as innovative new business models emerge