Lend Academy Article: Recap of Recent Performance Trends with Lending Club and Prosper – Part #2

Lend Academy provides details on how marketplace loans are performing at Lending Club and Prosper; delinquency rates have been increasing since the third quarter of 2014; less risky loan grades have continued to report the best performance; lower quality loans have suffered increased degradation specifically since the third quarter of 2014; Prosper has made fewer interest rate changes than Lending Club and it seems its higher risk loans are performing slightly better; Lending Club announced additional changes to the platform on January 18th.  Source

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