Current  APR Rate Averages

Provider APR +/- w/w
LendingClub 10.30% 0.34%
Prosper 15.49% 3.76%
Peer Lending Rate Comparison


APRs of the leading peer-to-peer lending companies widened for the week ending July 21st with Prosper rates moving up by 3.76%.  Prosper APRs have generally been more variable than Lending Club, which rarely moves by more than .5%. Prosper issued a total of 470 loans this week, while Lending Club issued 780 new loans.  Lending Club is on track to easily surpass its monthly loan volume record set last month with 3,817 loans. 


This chart compares average APRs from a sample of loans on Prosper and Lending Club. The sample loan pool is taken from borrowers with 36-month term lengths, debt-to-income ratios of 10-20%, and credit scores in the top 20% of the range.