We’re pleased to release an update to the Plenti^ loan book. The updated loan book contains information about every loan originated through Plenti (then known as RateSetter) since our launch in late 2014 until 31 December 2018, when we passed $390 million in consumer loans funded.
We believe that transparency is the cornerstone of consumer lending. Open data allows those investing in consumer loans and applying for personal loans to make informed decisions, ensuring consumer lenders like Plenti are accountable for the quality of loans they facilitate.
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 residence, employment status, income bracket and homeownership status.
^Plenti was known as RateSetter prior to August 2020.
This information does not constitute financial advice and you should consider whether it is appropriate to your circumstances before you act in reliance on it. Any opinions, forecasts or recommendations reflect the judgement and assumptions of Plenti as at the date of publication and may later change without notice.