Top Bitcoin and Crypto Lending Platforms, Rated and Reviewed

Though economists report that the Great Recession is over, consumer lending has been slow to recover. According to data from the Federal Reserve Bank of St. Louis, demand for consumer lending in the years following the Great Recession was higher in relation to lending demand at the beginning of the recession than it was for the 2001 recession.

However, the amount of available credit has been notably depressed. For those without the excellent credit needed for traditional lending who find themselves in need of a car loan, loans for schooling, business funding, or a new mortgage, there may be few options available.

Since digital currencies are disrupting the financial world, it makes sense that lending ICOs have emerged. While peer-to-peer and non-traditional borrowing existed prior to the invention of the blockchain, altcoins provide a way to offer lending in a democratic, decentralized way. Continue reading…

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