-
LendingClub Doesn't Verify Income Data For 66% Of Transactions
Wednesday, June 14, 2017 - 3:21pm | 351One might assume an online lender like LendingClub Corp (NYSE: LC) verifies the income of borrowers in 100 percent of transactions. But this isn't even close to the case, according to Bloomberg report. LendingClub verified the income around just a third of the time for one of the most popular...