For borrower loans originated through our marketplace by WebBank between July 13, 2009 and September 30, 2015, borrowers identified their intended use of loan proceeds by unit distribution as follows:
- debt consolidation (approximately 75%)
- home improvement (approximately 6%)
- business use, such as financing a home-based or small business (approximately 3%)
- medical/dental, for financing procedures (approximately 2%)
- other (approximately 14%).