The recent credit bureau data breach that compromised personal data of millions of consumers reminds us of the value of consumer data and its relevance to consumer lending. A few years ago, the initial value-proposition that several upcoming online lenders were

Personal Loan Benefit to Consumers Paying off credit card debt is the most common purpose for taking unsecured personal loans. A few consumer benefits of doing so include big savings in interest cost over the life of the loan and

  The benefits of using an unsecured personal loan to consolidate credit card debt is quite well established. An entire industry (LendingClub, Prosper, Avant, Marcus by Goldman Sachs among other traditional Banks) is flourishing in this space and helping consumers

While the credit purpose of ‘debt consolidation’ typically has lowest credit risk (and relatively lower interest rates), there is an increasing trend of borrowers ‘stacking’ multiple loans. When borrowers engage in ‘stacking’ (i.e. taking a new loan to pay-off the

Given recent events, it seems the marketplace lending (MPL) business model that is more ‘sustainable’ is the one where originators are using equity plus warehouse lines to initially fund loans and consequently, partially/fully selling off these loans through Asset Backed

At the root of ongoing challenges facing the marketplace lending industry is – investors  are beginning to lose confidence in the promise of returns by non-bank online lenders/originators primarily in the Above Prime: Refinance: Debt Consolidation credit purpose segment, that

An alternative way to look at the target market for non-bank online/ digital lending could be to segment the purpose of loans into ‘Refinance’ and ‘Purchase’ and cross-tab with Credit Risk into a ‘mutually exclusive and cumulatively exhaustive’ segmentation plan

I have been both a borrower and an investor on LendingClub.com and quite fascinated with its website and services. There are many companies that are trying to emulate LC’s original business model. However, what LC does today, for the most