At Plenti^, we believe that transparency is the cornerstone of 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 Plenti since our launch up until 11 September 2015, when we passed $10 million in loans funded.
Open data allows investors and borrowers to make informed decisions and helps to ensure that platform operators like Plenti are accountable for the quality of loans facilitated. Plus, we know financial markets and many of our customers thrive on 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 residence, employment status, income bracket and homeownership status for our personal loans, car loans and green loans.
Plenti 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 Plenti to cut out traditional middlemen to get a better deal.
^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.