When Credit Market Concerns Arrive at the Marketplace Lenders

Rising loan rates raise the question.

Lending Club founder Renaud Laplanche, center, rings the opening bell at the New York Stock Exchange on Dec. 11, 2014.

Photographer: Don Emmert/AFP via Getty Images

A little-known fact of the marketplace lending industry is that borrowing rates on their online platforms are anything but marketplace-determined.

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