News for hackers. Stuff that matters.

A comment on China's Peer-To-Peer Lenders Are Falling Like Dominoes as Panic Spreads. Parent comment

Re:China's Peer-To-Peer Lenders Are Falling Like Dominoes as... by majani on Wednesday August 01, 2018 @05:20PM (#17667104)
Can't the third party instead raise the money for loans from investors?
[ Parent | on HN ]
Re:China's Peer-To-Peer Lenders Are Falling Like Dominoes as... by nradov on Wednesday August 01, 2018 @10:26PM (#17668843)
Sure there are hard money lenders which do exactly that. But their cost of capital is higher and so they have to charge much higher interest rates.
[ Parent | on HN ]