Online Lenders Seeking to Boost Their Influence Under Trump
- Marketplace Lending Association goes from 3 members to 14
- Group wants policies making it easier to attract borrowers
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Online lending companies are seeking to exert more influence in Washington under President-elect Donald Trump and a Republican-controlled Congress.
The companies increasingly are joining lobbying groups that want laws changed to make it easier for them to attract new borrowers and investors as they look for ways to grow and limit future regulatory scrutiny.