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Originally Posted by Toukshare
And LC is likely to become even busier if money from Harmoney comes here , as some of it will, after the 1st April when HM is no longer a P2P lender.
Harmoney will be using money from its corporate wholesale investors to lend to the same type of borrowers. So the retail investors in the remaining true p2p companies will be chasing after fewer borrowers?
If Harmoney is to be believed, As far as retail investors are concerned it seems P2P is being finished off by the Commerce Commission.
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