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Worried a recession is coming, U.S. online lenders reduce risk - Reuters by fiftysats

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· @fiftysats ·
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Worried a recession is coming, U.S. online lenders reduce risk - Reuters
## Worried a recession is coming, U.S. online lenders reduce risk - Reuters

<center>https://s4.reutersmedia.net/resources/r/?m=02&d=20190415&t=2&i=1377063701&w=1200&r=LYNXNPEF3E08U</center>

<center>**Click here to read source article from [Reuters](https://www.reuters.com/article/us-usa-economy-online-lenders-focus/worried-a-recession-is-coming-u-s-online-lenders-reduce-risk-idUSKCN1RR0BB)**</center>

### Summary
U.S. online lenders such as LendingClub Corp, Kabbage Inc and Avant LLC are scrutinizing loan quality, securing long-term financing and cutting costs, as executives prepare for what they fear could be the sector's first economic downturn.

### My Thoughts
I'm not sure how the market is going to be effected when news like this keeps pouring out.

### Quote of the Day
>The difference between successful people and really successful people is that really successful people say no to almost everything.

-Warren Buffet

### Thank you for Reading!

 This has been your crypto news update. Thank you so much for reading.  I do my best to bring Steem the most up to date news. Please don't forget to leave your thoughts and comments below.

---

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vote details (2304)
@arcange ·
Congratulations @fiftysats!
Your post was mentioned in the [Steem Hit Parade](/hit-parade/@arcange/daily-hit-parade-20190415) in the following category:

* Upvotes - Ranked 3 with 2210 upvotes
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