A Look at the Origins of Online Lending

You might find yourself wondering about the origins of online lending, and how it has become the major industry that it has evolved into during recent years.

The origins of online lending have evolved from standard lending practices combined with the increased ease and convenience of using the internet for a variety of purposes.

Before you can really understand the origins of online lending, though, you need to take a few moments to understand the standard banking practices that it evolved from and how internet connectivity has helped lending to grow from banks and finance companies to online services that allow you to research and apply for loans in the convenience of your own home.

Lending before the internet

The origins of online lending begin before the word