For individuals considering this, note that champerty arrangements are illegal in certain jurisdictions.
If you get hit for that, you're on the hook, not them. That's explicit in their ToS. Have fun, kiddos.
If you get hit for that, you're on the hook, not them. That's explicit in their ToS. Have fun, kiddos.
Nope.
Third party lending as a broad policy trend has certainly opened up over time, but some states still have the restriction, others have reformed it, others call it a different thing and some have abolished it.
Is the risk substantial in your specific case? Maybe not. Maybe it is. Just know there's a risk there and you're the one eating it.