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Why The Cleveland Fed Pulled Their Online Lending Study

November 21, 2017
Last week, we told you a tale of two Fed studies, which were putatively about the same topic, but drew nearly opposite conclusions. The first study, released last summer as a joint effort by the Chicago and Philadelphia Feds, examined a large data set from Lending Club. Using that data as a proxy for online lenders, the study concluded that they offer access […]