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Marcus Loan Book is More Than 10 Percent Sub Prime
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Marcus Loan Book is More Than 10 Percent Sub Prime

Marcus Loan Book is More Than 10 Percent Sub Prime

Todd Anderson·
FintechNews RoundupUSA
·Apr. 18, 2018·1 min read

Marcus has originated more than $3bn of loans since inception, recently it has become know that more than 10 percent of the loans were sub prime; they have said this is a natural evolution of the loan business and they are being very selective in approving of applications. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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