The MarketPlace Lending Association

Promoting a transparent, efficient and customer-friendly financial system by:

From the House Financial Services Committee

Mr. Meeks Question

“Question: the line between 3rd-party lending relationships”

Mr. Royce Question

“Question – credit score competition act & the benefits of technology”

MLA Board of Directors

Richard Neiman – Lending Club

Conor French – Funding Circle

Julie Hwang – Prosper Marketplace

Frank Borchert – Marlette Funding

Campbell Gibson – Avant

Alison Nicoll – Upstart Network

Manny Alvarez – Affirm

Rob Lavet – Social Finance (SoFi)

.@federalreserve study is important validation for the MLA’s agenda. We need to reduce the drag on our economy. Two policy ideas: support 1. employer student loan benefits and 2. risk retention relief for high credit quality Student Loan Refi ABS.

New from me this AM: the Fed is trying to figure out how to handle fintechs, as some companies begin seeking a federal foothold.

It’s okay, @KylieJenner we’re not the most liked egg on Instagram either. But we are the best.

Prosper customers who are impacted by the government shutdown and would like to discuss their options can call us at 866-615-6319 or email and we would be happy to help. Customers will need to provide documentation of their furlough.

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