LendingClub Loan Default Prediction, Deep Learning
August 2022
LendingClub is a US peer-to-peer lending company, headquartered in San Francisco, California.[3] It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market. LendingClub is the world's largest peer-to-peer lending platform.
This data analysis aims to build a neural network model that can predict whether or nor a borrower will pay back their loan based on historical data on loans given out with information on whether or not the borrower defaulted. This way in the future when we get a new potential customer, we can assess whether or not they are likely to pay back the loan.