Recent Happenings with Consumer Lending Players

Recent news on consumer lending players IEG Holdings Corporation, OneMain Holdings, Lending Club, Ally Financial and TransUnion is outlined in a press release; of interest is IEG’s announcement and offer to purchase all outstanding shares of OneMain and Ally’s recent agreement to support contracts from Carvana, an online auto retailer that also operates vehicle vending machines; according to the press release, “Ally will make up to $600 million available to Carvana over the next 12 months through financing and bulk purchases of contracts.”  Source

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