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Kind of weird to have an article about alternative lending and big data, and not mention Lending Club? The are the biggest player in the space by far and IPOed
by lazythrowaway 12y ago
Kind of weird to have an article about alternative lending and big data, and not mention Lending Club? The are the biggest player in the space by far and IPOed only last month...
- psuter 12y agoLooks like the focus of the article is on alternative techniques to determine creditworthiness. Lending Club, as I understand, relies mostly on traditional credit scores, which does not make them particularly innovative for this particular aspect of lending.
- pbreit 12y agoLending Club is a rounding error compared to the big banks. And is a marketplace, not a direct lender like the companies mentioned.