BAML warns against deteriorating online loan performance
![Volumes down fotolia](https://assets.euromoneydigital.com/dims4/default/ffca6f1/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F3e%2Fa6%2F2e94f71ae89d001e3aef0c24d504%2Fvolumes-down-fotolia-230x150.jpg)
Some marketplace ABS lenders are seeing cumulative net losses on a par with those of traditional subprime lenders, fueling concerns over the sector’s sustainability in a recession, according to a Bank of America Merrill Lynch report published Monday.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: