- Company offers fast and affordable unsecured personal loans online in 20 states
- IEG Holdings exploring application of blockchain technology to its consumer lending business model
- Total consumer lending industry in the U.S. is at more than $1.4 trillion, with unsecured personal loan segment taking roughly $107 billion
A leading fintech company and direct lender licensed in 20 states, Las Vegas-based IEG Holdings Corp. (OTCQB: IEGH) is offering a unique and approachable consumer lending model based on the concept of online unsecured loans with fast approval rates and affordable repayments. The company provides unsecured personal loans of $5,000 and $10,000 via its wholly owned, licensed subsidiary, Investment Evolution Corporation. With rapid approval, same-day funding, no hidden fees and low repayments, this lending model positions IEG Holdings for a leading position on the booming consumer lending market.
According to the Federal Reserve Bank (http://nnw.fm/0x1Fu), the value of consumer loans at U.S. commercial banks is more than $1.43 trillion as of February of this year. Unsecured personal loans take a $107 billion stake…
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