Orchard Updates Its US Consumer Online Loan Index

Orchard has updated its US Consumer Online Loan Index; constituents providing data for the Index have increased to five; new methodologies pertaining to estimates and delinquencies have also been incorporated to improve the Index’s reporting; the updates increase the credibility of the Index as a performance benchmark for the marketplace lending industry; Bill Ullman, Orchard’s chief commercial officer, provides some additional details on the Index’s updates and an analysis of its performance in a blog post. Source