Credit Rating Agencies – Need For Reform

[ad_1] 1. Crisis – Spotlight on Credit Rating Agencies “Credit-rating agencies use their control of information to fool investors into believing that a pig is a cow and a rotten egg is a roasted chicken. Collusion and misrepresentation are not elements of a genuinely free market ” – US Congressman Gary Ackerman The smooth functioning … Read more

Key Components of Credit Risk Rating in P2P Lending

[ad_1] P2P lending matches individual or institutional investors with borrowers (businesses or salaried individuals) through an online platform. By facilitating viable alternative financing options, P2P continues to shape the consumer lending landscape. As a result, P2P lending marketplaces are flourishing around the world. It operates as a peer-to-peer network, where one investor can finance multiple … Read more