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Today, we’re very happy to launch brand new findings from our assessment for the partnership between chance Fund and LendingClub.

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The report, High-Tech, tall Touch: assessing the client Experience for the First-Ever CDFI-Fintech Partnership, shows key findings from qualitative phone interviews with borrowers whom received that loan from us through the LendingClub platform recommendation. Because the first-ever CDFI-Fintech partnership, we online payday LA constructed on final year’s evaluation of the revolutionary collaboration by hearing straight through the small businesses that are profiting from it.

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After analyzing and conducting 35 debtor interviews (25 with LendingClub-referred borrowers and 10 with an evaluation selection of bank-referred borrowers), our scientists discovered:

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