RateSetter publishes loan book data

by Glenn Riddell

We believe that transparency is the cornerstone of P2P lending, so as a first in Australian finance, we are opening up our loan book to the public!

Our loan book contains information about every loan originated through RateSetter since our launch up until 11 September 2015, when we passed $10 million in loans funded.

Open data allows lenders and borrowers to make informed decisions and helps to ensure that platform operators like RateSetter are accountable for the quality of loans facilitated. Plus, we know financial markets and many of our customers thrive on data.

Download the loan book data

Data in the loan book includes loan amounts, interest rates, loan purpose and anonymised information related to borrowers such as age, gender, state/territory of residency, employment status, income bracket and homeownership status.

We expect to update this data on a regular basis, so make sure you follow us on Facebook or Twitter to receive notifications of updates.

RateSetter loan book – a visual snapshot

To provide you with a high-level overview of the data, we’ve put together an infographic, profiling the Australian borrowers and lenders using RateSetter to cut out traditional middlemen to get a better deal.

RateSetter's first $10 million

High resolution version of the infographic.

The information contained in the RateSetter blog does not constitute financial product advice and has been prepared as general information only without consideration for your particular investment objectives, financial circumstances or particular needs. As with all investments, before you decide to invest you should familiarise yourself with the key investment risks and read the Product Disclosure Statement.

No responsibility or liability is accepted by RateSetter or its related entities for any errors or omissions or misstatements however caused or arising. Any opinions, forecasts or recommendations reflect the judgment and assumptions of RateSetter and its representatives on the basis of information at the date of publication and may later change without notice.

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