Current APR Rate Averages

Provider APR +/- w/w
LendingClub 10.40% 0.38%
Prosper 15.10% 0.32%
peer to peer lending rate comparison

 

July 2nd, 2012 – Prosper and Lending Club trended up slightly in week over week APR data. Lending Club continues to provide lower APRs, now 4.7% below Prosper’s average rate. Prosper’s average APR hit 15.10%, while Lending Club ticked up to 10.40%.
This chart compares average APRs from  borrowers with 36-month term lengths, debt-to-income ratios of 10-20%, and credit scores in the top 20% of the respective credit score ranges used by each of the providers.