Do Marketplace Lending Platforms Offer Lower Rates to Consumers?
Abstract: This note analyzes interest rates of loans from the two largest P2P platforms, Lending Club and Prosper, to observe their potential benefits to borrowers.
File(s): File format is text/html https://www.federalreserve.gov/econres/notes/feds-notes/do-marketplace-lending-platforms-offer-lower-rates-to-consumers-20181022.htm
Part of Series: FEDS Notes
Publication Date: 2018-10-22