No doubt, business owners and consumer will still need to raise capital by other means than bank loans. But higher rates of defaults are an immediate risk for both platforms and investors. Capital flight from platforms is also a big concern and may cause platforms to collapse.
In our outlook we assume that some of the platforms with shaky business models will slowly disappear. They will desperately try to tell you the opposite and assure you that your money is safe, but what else can they say?[...]