Is LendingClub a Warning on Peer-to-Peer Lending?

Is LendingClub a Warning on Peer-to-Peer Lending?

Assessment

Interactive Video

Business, Life Skills

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the state of peer-to-peer lending platforms like LendingClub, highlighting the confidence of buyers despite recent issues. It emphasizes the need for transparency and institutionalization in the industry. The video also covers leadership changes at LendingClub and the strategic partnerships of Orchard, focusing on the guidance provided by experienced investors.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the general sentiment of buyers on LendingClub and other platforms regarding their confidence in LendingClub's internal processes?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What issue did the Treasury address in their recent white paper related to the peer-to-peer lending space?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the speaker describe the current state of the companies in the peer-to-peer lending space?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the speaker's relationship with John Mack and how did it influence their company?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did the speaker face when transitioning from a tech background to the financial services sector?

Evaluate responses using AI:

OFF